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Surge Africa
AddedFeb 15, 2024
UpdatedJun 18, 2026
Surge Africa

Surge Africa

Pre-Seed

Delaware-based Surge Africa offers easy, low-cost cross-border financial services.

HQ
Wilmington, NC, US
Founded
2023
Accelerator
Techstars logoTechstars: ARM Labs Lagos2023
Overview
Compare
Fundraising
Employees
Website

Founded in Wilmington, Delaware, Surge Africa is dedicated to simplifying cross-border financial transactions within the African continent. The company's core mission is to promote financial inclusion by providing easy, low-cost money transfer services. Surge Africa offers a mobile app that enables individuals and small businesses to send money instantly and affordably across Africa, leveraging competitive foreign exchange rates and minimal transfer fees.

Notable figures associated with Surge Africa include its founding team, who bring extensive experience in financial technology and international banking. The company has attracted significant attention from investors focused on fintech and emerging markets. Key achievements include a rapidly growing user base and successful partnerships with local financial institutions. Surge Africa's impact lies in its ability to reduce the cost and complexity of cross-border payments, thereby fostering economic growth and financial inclusion across the continent.

Surge Africa - Quick Facts

When was Surge Africa founded?

Surge Africa was founded in 2023.

Where is Surge Africa's headquarters located?

Surge Africa's headquarters is located in Wilmington, NC, US.

When was Surge Africa's last funding round?

Surge Africa's most recent funding round was for $20k (USD) in December 2023.

How much has Surge Africa raised to-date?

As of Dec 14, 2023, Surge Africa has raised a total of $20k (USD).

How many employees does Surge Africa have?

Surge Africa has 5 employees as of Feb 4, 2024.

Surge Africa - Classification

Technology
  • FinTech
Geographic Exposure
  • Africa
Revenue
  • Software
  • Transactional
Customer
  • Consumers
  • Small Business
Main Product
  • Financial Services
Tags
  • API
  • Financial
  • SaaS
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services
Show 6 more industry codes
SIC
  • 6000Depository Institutions
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6090Functions Related To Depository Banking
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6099Functions Related To Depository Banking, Not Elsewhere Classified
  • 6282Investment Advice