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Carry1st’s payments solution for gaming spurs $6 million Series A
In the three years since its launch, Carry1st has become a medium for bringing mobile gaming from global companies to Africa. The Cape Town-based company realised that developers have had problems with distribution and payments in Africa.
They decided to solve that by embedding a fintech solution, Pay1st, on their platform. Pay1st features popular payment methods from six African countries, giving African gamers on Carry1st the ability to pay how they want.
The result: The startup just raised a $6 million Series A round to take advantage of the stability and opportunity they have found. The round was led by Konvoy Ventures, an early-stage VC firm based in Colorado, U.S.A.