A startup providing earned wage access solutions in Nigeria, contributing to the growing EWA market.
This startup wants to help Nigerians receive their salary daily
Only 2% of Nigerians earn more than ₦200,000 monthly, highlighting the financial struggles faced by many. The number of Nigerians earning up to ₦500,000 dropped by 57% between 2023 and 2024, emphasizing the need for accessible credit.
Fintech Company Cadana Raises USD 7.1 M Seed Funding
Cadana has secured USD 7.1 M seed funding to revolutionize remittances for African professionals. The funding was led by Costanoa Ventures and included contributions from Better Tomorrow Ventures and 500 Startups.
Cadana Secures $7.1M Seed Funding to Expand Payroll Services in Emerging Markets
The global freelance market has created a demand for solutions that automate payroll and streamline employment and tax regulations worldwide. Cadana's APIs and white-label products enable global workforces to integrate payments and payroll management into their existing systems.
Fintech Cadana closes $7.1 million seed to accelerate remittance for African talents
Cadana has closed a $7.1 million seed round to streamline and accelerate remittance for African talents. The company provides payroll services for global hiring platforms and banks, enabling talents in Africa and other emerging markets to access global job opportunities.
Payroll Service Provider Cadana Raises $7.1 Million In Seed Funding
Cadana, a payroll services provider, has secured a $7.1 million seed funding round. The funding round was led by Costanoa Ventures with participation from Better Tomorrow Ventures and 500 Startups.
