This is a Ivory Coast news story, published by TechCrunch, that relates primarily to HUB2 news.
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•84% Informative
HUB2, a fintech from Ivory Coast , has raised $8.5 million in funding to become the 'Stripe for Francophone Africa' The startup already works with 55 neobanks, payment companies, remittance companies and cryptocurrency providers.
It's on track to process 1 billion in transaction volume ( TPV ) this year — a marked increase from the 70 million it handled in 2022 .
Mobile money has driven most of HUB2 ’s transactions, with less uptake for other payment methods such as credit cards, bank transfers, and cryptocurrency.
The five-year-old fintech has a 35 -person team across three offices in France , Ivory Coast , and Mauritius .
It is targeting full regional coverage within the next two years .
VR Score
86
Informative language
87
Neutral language
28
Article tone
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English
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63
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3
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3
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