Issue debit cards without needing a bank or a third party processor via Union54's Card Issuing API.
Location: Zambia, Lusaka Province, Lusaka
Employees: 11-50
Total raised: $15.13M
Founded date: 2020
Investors 5
| Date | Name | Website |
| 21.02.2022 | ACE & ... | aceandcomp... |
| 07.08.2021 | Y Combinat... | ycombinato... |
| - | LoftyInc C... | loftyinc.v... |
| - | Broadhaven... | broadhaven... |
| 02.11.2021 | Runa Capit... | runacap.co... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 25.04.2022 | Seed | $12M | Paris Sacl... |
| 27.10.2021 | Seed | $3M | - |
| 31.08.2021 | Pre-Seed | $125K | - |
Mentions in press and media 15
| Date | Title | Description |
| 30.06.2023 | Tiger Global-backed start-up joins Africa’s super-app race | Union54, an African start-up backed by Tiger Global Management, is entering the race to develop super apps as investors look to tap the continent’s increasingly technology-savvy market. The new ChitChat app, which may debut in September, of... |
| 02.06.2023 | How Zambia is prepping to become Africa’s next major tech hub TechCabal’s 2021 Year-End report Success! | A deep dive look at the state of Zambia’s tech ecosystem. Earlier this month when pan-African e-commerce startup Wasoko announced its entry into the Zambian market Daniel Yu, founder and CEO of Wasoko, cited “high smartphone usage and a pro... |
| 05.04.2023 | Here is what southern Africa’s YCombinator alumni are up to TechCabal’s 2021 Year-End report Success! | YCombinator is undoubtedly one of the most prestigious accelerator programs in the world. Having taken in its first batch of startups in 2005, the California-based accelerator has gone on to onboard 4198 startups, with Africa making up 86 o... |
| 25.04.2022 | Zambian card-issuing startup Union54 raises $12M in a seed extension round. | - |
| 19.04.2022 | Tiger Global leads $12M round for Union54 | Union54 has raised $12 million in a seed extension round led by Tiger Global, TechCrunch reported. Based in Zambia, Union54's technology enables companies to issue debit cards to customers without needing a bank or third-party processor. Vi... |
| 18.04.2022 | Zambian Card Issuing Startup Union54 Raises $12m Led By Tiger Global | Zambian card issuing fintech Union54 has raised $12 million in a seed extension round led by Tiger Global. Other participating investors in this financing round include existing ones such as Vibe VC and new investors Earl Grey Capital and P... |
| 18.04.2022 | Zambian card-issuing startup Union54 raises $12M led by Tiger Global | Zambian card-issuing fintech Union54 has raised $12 million in a seed extension round led by Tiger Global. Other participating investors in this financing round include existing ones such as Vibe VC and new investors Earl Grey Capital and P... |
| 29.03.2022 | Investors on high alert as Y Combinator shows interest in East and North Africa | Share this article: In 2005, while walking home after dinner, Paul Graham and Jessica Livingston decided to start Y Combinator (YC). At the time, Livingston worked at an investment bank, was dissatisfied with her job, and was exploring othe... |
| 02.03.2022 | Nigeria’s Sudo Africa raises $3.7M pre-seed for its card-issuing API platform | Sudo Africa, a fintech that provides a card-issuing API for developers and businesses in Nigeria, has raised $3.7 million in pre-seed funding. San Francisco-based Global Founders Capital (GFC) led the round. Participating VCs include Picus ... |
| 03.11.2021 | Union54 has closed a $3 million funding round led by Tiger Global | Union54, a fintech startup, has received a new round of funding from Tiger Global, a renowned venture capital firm. Ace & Company, Vibe VC, Todd & Rahul Angel Fund, and Runa Capital, a San Francisco-based venture capital firm, are a... |
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