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Launch Africa Ventures has made a seed investment in South Africa-based Zazu, a business banking platform for African entrepreneurs and SMEs.
“Since our first days, we’ve been on a journey to build financial services that truly serves the needs of ambitious founders and their businesses across Africa,” Zazu said in a statement.
“Launch Africa Ventures Africa brings decades of experience backing some of Africa’s most successful fintech pioneers. Their experience supporting founders from the earliest days will help guide Zazu through its next phase of growth and beyond,” it added.
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