Raenest, a modern, multi-currency platform for Africans that makes managing money across borders easy, has secured $11M in Series A funding to expand its fintech solutions, making cross-border payments easier for African professionals and businesses.
This investment was led by QED Investors, along with Norrsken22, Ventures Platform, P1 Ventures, and Seedstars. According to Raenest, the secured funding brings their total venture funding to a total of $14.3 million.
“With this funding, it brings our total venture funding to $14.3 million, a huge leap forward in our mission to optimize cross-border money management for Africans.
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We know how challenging it can be to receive payments from abroad, convert currencies, and manage transactions smoothly. That’s why with Raenest, whether you’re a freelancer, remote worker, startup, or growing business, we have built a faster, smarter, and more affordable financial solution to help you thrive globally. With this new round of funding, we are enhancing our services and expanding our reach to better serve you.”
Last Updated on March 9, 2026 by Samuel Kwame Boadu
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Samuel Kwame Boadu is a Ghanaian media entrepreneur and storyteller with a passion for amplifying urban voices and uncovering everyday truths. He is the Editor-in-Chief and Founder of Accra Street Journal, a dynamic digital platform dedicated to capturing the pulse of Ghana’s capital—its people, culture, challenges, business, sports and innovations.
