Raenest logo

Raenest

Financial Services
Nigeria Nigeria, Victoria Island, Lagos
Founded 2022 · 51-200 employees

About Raenest

Raenest is a Nigerian fintech, founded in 2022, that provides multi-currency accounts and cross-border payment infrastructure for Africans and African businesses, including virtual and physical USD/GBP/EUR cards, global money transfers, and invoicing. Its Geegpay product targets the gig economy, letting freelancers and remote workers receive payments from platforms like Upwork and Fiverr at lower fees. By its 2025 Series A the company had processed over $1 billion in payments and served 700,000+ individual and 300+ business customers.

Latest Funding

Series A
$11M

Announced 2025-02-11

Buying Signals

Where the capital is going, and whether it's already started moving.

Spend Intent

4 signals · where the capital is going

Expansion

Deepen operations in Nigeria and Kenya, and enter the United States and Egypt markets in 2025.

raenest.com

Hiring

Attract talent to support continued growth.

thekenyanwallstreet.com

+2 more capital deployment signals · confidence ratings · source articles

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Hiring Signals

2 open roles · capital meeting headcount

Career page
Capital for talent

Funding round explicitly earmarked for talent acquisition

Stealth hiring

Funding allocated to talent but few public roles; executive search likely

Top hiring departments

Unknown
2
Employees
51-200
Founded
2022
HQ
Victoria Island, Lagos
Industry
Financial Services
Tags
Series A Fintech Gig Economy Payments
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Spend intent

Where this round will be spent.

Hiring signals

Which departments are growing.

Verified contacts

Who actually decides.

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What is the unique value proposition of Raenest, and who are their main competitors?

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Every company, scored against your profile. Automatically.

84 / 100
Excellent match

Industry

High

Size

Mid

Stage

High

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Investors

5 investors
QE

QED Investors

Lead investor · Series A

Lead

Tech Stack

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Cloudflare Cloudflare
HTTP/3 HTTP/3
Unpkg Unpkg

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Key Highlights

AI Insights

Round was led by QED Investors with first-time backer Norrsken22, plus follow-on from existing investors Ventures Platform, P1 Ventures and Seedstars.

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For sales teams

Selling to Raenest? You're in the right place.

Knowing they raised is the start. Our difference is what comes attached to Raenest.

Spend Intent

Where this round will be spent.

Hiring Signals

Which departments are growing.

Verified Contacts

Who actually decides.

Open Raenest's signals

No credit card. Five minutes, no approvals.

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