Maplerad is a finance product for multi-currency payments, virtual cards, and bill payments.
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Maplerad is a Nigerian BaaS provider that allows users to receive, hold, and make payments in multiple currencies. It also allows users to create virtual and physical cards and pay bills. In October 2022, the fintech startup raised $6 million in seed funding led by Valar Ventures. The funding will be used to increase client acquisition, obtain new licenses, expand its staff, and solidify its position across Africa.
| Date | Round | Amount | Lead |
|---|---|---|---|
| 15 Gashyantare 2023 | $6.0M | ||
| 21 Ukwakira 2022 | $6.0M |