Zeepay Secures $18M Debt Facility to Support Remittance Liquidity

Key Takeaways

Zeepay’s funding deal highlights a growing need for efficient float financing to support Africa’s expanding digital payment infrastructure. With mobile money and cross-border remittances on the rise, fintechs must ensure liquidity to process instant transfers without delays or credit risk. The $18 million debt facility reflects investor confidence in Zeepay’s business model and the broader opportunity in digitizing remittance flows. The shared-collateral structure also signals growing sophistication in how African fintechs structure capital to attract institutional debt. Zeepay’s focus on real-time settlement makes it a key player in Africa’s remittance value chain, where traditional methods are often slow, expensive, or unreliable. As demand for seamless cross-border payments grows, access to working capital becomes as critical as product innovation. With the IMF estimating Africa will receive over $50 billion in remittances in 2025, platforms like Zeepay are well-positioned to anchor the infrastructure behind those flows, provided they have the liquidity to scale.