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South Africa s Revix eyes Europe expansion after capital raise

Revix CEO Sean Sanders It was all done on Zoom calls with no in-person meetings. That’s how smoothly the latest US$4-million fundraising call from crypto investment company Revix went. Revix is one of South Africa’s standout crypto successes, and now it plans to replicate that success abroad, starting with German-speaking Europe. Most of the capital raised will be deployed to its European expansion. Some will be used to launch Revix’s new mobile application, and for the launch of “fourth Industrial Revolution” investment opportunities. ome 90% of our staff will still be based in South Africa, with the rest in London and Frankfurt

SA-based crypto company Revix raises $4m ahead of move into EU market

Is partnering with a bank to target German-speaking Europe as its first step. 00:26  Most staff will still be based in SA, with around 10% of the Revix team based in London and Frankfurt. Image: Chris Ratcliffe, Bloomberg It was all done on Zoom calls with no in-person meetings. That’s how smooth the latest $4 million fund raising call from crypto investment company Revix went. Revix is one of SA’s stand-out crypto successes, and now it plans to replicate that success abroad, starting with German-speaking Europe. Most of the capital raised will be deployed to its European expansion. Some will be used to launch Revix’s new mobile application, and for the launch of “Fourth Industrial Revolution” investment opportunities.

SafexPay Eyes Expansion In Qatar With Its Entry Into QFTH

The News Scroll 28 April 2021   Last Updated at 3:13 pm | Source: PTI SafexPay Eyes Expansion In Qatar With Its Entry Into QFTH Outlook April 28, 2021 15:13 IST SafexPay Eyes Expansion In Qatar With Its Entry Into QFTH outlookindia.com 1970-01-01T05:30:00+0530 (Eds: Disclaimer: The following content is a press release. PTI takes no editorial responsibility for the same.) Mumbai, April 2021: Mumbai based B2B payment gateway solution provider, SafexPay has started eyeing its expansions in Qatar markets post its entry among the top 11 fintech start-ups at QFTH by Qatar Development Bank. The Qatar Fintech Hub (QFTH), which is co-founded by Qatar Development Bank (QDB) and established to support the growth of the fintech industry in Qatar, has announced the final list of successful fintechs to join Wave 2 of its Incubator and Accelerator Programs, which are due to run until June 2021.

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