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Zazu raises $1M pre-seed round to reinvent SME banking across Africa

Zazu, the first pan-African digital banking platform built exclusively for entrepreneurs and SMEs, has raised $1 million in pre-seedfunding from a group of leading African and European investors to accelerate its rollout in South Africa and Morocco, with plans to expand across the continent in 2026.

The round includes Plug and Play Ventures with participation from a high-profile group of angel investors and fintech founders, including Zachariah George (Launch Africa Ventures), Axel Peyriere (Co-founder, AUTO24.africa), Akshay Patel (Founder, Paymentology), Ismael Belkhayat (Founder, Chari), Sophie Guibaud (Founder, Fiat Republic), and several founding members of European fintech unicorns like Qonto and Solarisbank – marking one of the most experienced cap tables in the African fintech ecosystem.

Read more: https://www.techinafrica.com/zazu-raises-1m-pre-seed-round-to-reinvent-sme-banking-across-africa/