Odaily Planet Daily reported that the crypto investment and cross-border payment platform Accrue has completed a seed round financing of 1.58 million USD, led by Lattice Fund, with participation from Maven 11, Lava, Kraynos Capital, Distributed Capital, and others.
Accrue was launched in 2021 as a crypto investment platform and has since expanded to offer USD-based virtual accounts and virtual card services, aiming to facilitate cross-border payment operations in the African market.
Accrue has over 200 thousand users and a team of 18 employees. The company plans to use the new funding to expand its payment infrastructure across Africa, enhance its product suite, and enter new markets to provide tools for more users.