Kuunda Closes Oversubscribed $5 Million Secondary Share Sale as Existing Investors Double Down

African fintech company Kuunda has completed a US$5 million secondary share sale led by E4EAfrica, allowing early investors to realise returns while strengthening the company’s long-term investor base. The transaction also sees existing investors such as Accion Ventures, Portugal Gateway Fund and Seedstars Africa Ventures increase their stakes in the business, in a strong show […]

The post Kuunda Closes Oversubscribed $5 Million Secondary Share Sale as Existing Investors Double Down appeared first on Tekedia.