At Tekedia Capital Syndicate in the just concluded cycle, our members came out big to support a Texas-based startup which is going to run a digital bank with laser-focus on immigrants and global citizens.
We are at the last phase of US regulatory approval to go live, and we hope we will conclude this month. Largely, we need to make deposits (like the money you deposit with the Central Bank of Nigeria as it works on your license; the apex bank will return that money later) as the regulator requires. Our members have helped to raise the funds needed.
Imagine selling from Nairobi to African diasporas, in New York, and they can see your business as a local “US” business, reducing payment frictions. We are launching with support for at least 36 countries (ramping to 66 fast). You can sell and at the end of the month, you can remit via us (we have a money transfer license) to your local country. #disintermediation on the way to old global paytech ordinance.
Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025) opens registrations; register today for early bird discounts.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.
We’re Tekedia Capital, we’re funding innovators of the future https://school.tedia.com/tekedia-capital/
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Register for Tekedia Mini-MBA (Feb 10 - May 3, 2025), and join Prof Ndubuisi Ekekwe and our global faculty; click here.