Thepeer, a Nigerian tech infrastructure company that enables seamless wallet transfers between businesses, has raised a $2.1 million seed round.
Thepeer is an API-based company that enables its customers, majorly small and medium-sized businesses and fintech, to allow their own customers to fund their accounts from other businesses, send money across their different wallets, and pay for items from their wallets seamlessly.
Thepeer’s CEO Ononye says there is nearly 600 fintech across the continent, most of which operate siloed wallets.
He says their goal is to make it possible to connect and make payments from any wallet adding that they are building an operating system so that businesses can offer more services to their customers.