Union54
OperatingUnion54 is a member led association of African fintechs pulling together to dismantle borders and make money borderless.
- Financial Services
- Lusaka, Zambia
- Seed
- Founded 2020
- union54.com ↗
- Total raised
- $15.1M
- disclosed
- Last round
- $12M
- Seed
- Rounds
- 4
- since 2020
- Investors
- 11
- on record
- Employees
- 2-10
About Union54
Union54 is a member led association of African fintechs pulling together to dismantle borders and make money borderless. Union54 is an alternative and provides an API for them to issue debit cards cheaper and faster. It was founded by Alessandra Martini and Perseus Mlambo in 2021.
Union54 funding4 rounds
All 4 rounds →Union54 has raised $15.1M across 4 disclosed rounds. The latest is a $12M Seed announced 18 Apr 2022, led by Tiger Global Management.
- $125KSeedSeed, $125K, $125K raised to date
- $3MSeedSeed, $3M, $3.1M raised to date
- $12MSeedSeed, $12M, $15.1M raised to date
SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn
Who has invested in Union54
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 18 Apr 2022 | Union54 Seed | Tiger Global Management +3 | $12M |
| 11 Nov 2021 | Union54 Funding Round | DFS Lab | Not disclosed |
| 27 Oct 2021 | Union54 Seed | Tiger Global Management +7 | $3M |
| 01 Sep 2021 | Union54 Seed | Not disclosed | $125K |
Union54 founders & team
- Alessandra MartiniCo-Founder & COO
- Perseus MlamboCEO
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Frequently asked about Union54
- Where is Union54 based and when was it founded?
- Union54 is headquartered in Lusaka, Zambia and was founded in 2020.
- Who founded Union54?
- Union54 was founded by Alessandra Martini (Co-Founder & COO).
- Who is the CEO of Union54?
- Perseus Mlambo is Union54's CEO.
- How much funding has Union54 raised?
- Union54 has raised $15M across 4 disclosed rounds. Its latest, a $12M Seed, was announced on Apr 18, 2022.
- Who has invested in Union54?
- Backers include Vibe VC, Tiger Global Management, Not Boring Capital, Earl Grey Capital and 7 others.
- What sector is Union54 in?
- Union54 operates in Financial Services, FinTech and Payments.
