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klasha
Cross-border payments
- 21-100 employees
- Fintech
- B2C
- B2B
- Payments
- Foreign exchange
- Financial District, San Francisco, CA
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Company mission
To make consumer goods and services online more accessible to customers across Africa.
Our take
The African e-commerce market is worth an estimated $25 billion, but is difficult to access. Customers want to make purchases from big international brands but payment and delivery options are limited. Likewise, African brands are limited in their ability to sell outside of the continent. Enter Klasha, a startup launched with the aim of making cross-border payments and fulfilment easy for Africa.
Klasha introduces a suite of services for merchants and buyers combined into a single API. This solution allows for African consumers to purchase goods from overseas using a virtual card and for merchants to make and receive payments in foreign or local currencies, making international commerce far simpler. Overall it is a service that has been taken up enthusiastically since its launch in 2021, gaining more than 170,000 active users and experiencing double digit month-on-month growth.
Klasha has raised funding in a seed round led by Amex Ventures in its first foray into African startups. It is rapidly scaling its operations, hiring new talent at all levels of the organization and expanding its services to more African countries. If it can bring the hundreds of millions of African digital buyers into the global marketplace it has an extremely bright future ahead.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Equity options: All full-time confirmed Klashans are issued stock options in the business, so everybody wins as the business grows
- French language classes: We work in Africa where we do business in both French and English so French lessons are on us to help with our Africa-wide expansion plans
- Home office set-up allowance: We often work from home, so we give all full-time Klashans an allowance of $500 to set up a comfortable home office
- Headspace and Spill membership: We believe in looking after our mental health wellness and well-being while striving for a healthy work-life balance
- Health insurance: Health is wealth so we offer full health insurance for all full-time employees
- Flexible working conditions: We believe in a hybrid working model and flexible working conditions
- Paid day off for your birthday: We give Klashans a paid day off on their birthdays
- KlashaWaka: Travel anywhere in the world on Klasha. Have an idea that will generate business for Klasha? We’ll cover the costs as long as you come back with three business leads or deals
Company values
- Execute with urgency and excellence
- Drive innovation and growth
- Clear, concise, candid communication
- OKR, KPI and data driven
- Doing what you say you’re going to do
Funding (last 2 of 4 rounds)
Oct 2024
$2m
SEED
Jun 2022
$2.1m
SEED
Total funding: $6.7m
This company has top investors
Leadership
Jess Anuna
(CEO)Previously was Director at RestockChina and Founder & CEO of Anunarose.com.