Cape Town-based Moment, a provider of digital payments and billing tools for businesses across Africa, raised a $22M Series A, taking its total funding to $55M (FinTech Global)

Summary

Cape Town-based Moment raised a $22 million Series A, bringing total funding to $55 million. The company sells digital payments and billing tools for businesses across Africa.

Why it matters

B2B fintech infrastructure still gets funded when it sits close to collections, billing, and revenue operations. The round also reinforces that pan-African software with a concrete operating pain point can still attract growth capital.

Founder/operator read

• Cross-border fintech is still investable when the product is embedded in daily business workflows.
• The strongest story here is distribution plus revenue infrastructure, not a generic payments wrapper.

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