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
Union54 funding and investors
Union54 has raised $15.1M across 4 disclosed rounds. The latest is a $12M Seed announced 18 Apr 2022, led by Tiger Global Management.
- Lead investors
- 1
- Largest round
- $12M
- Average round
- $5M
- disclosed rounds
- Round cadence
- 3 mo
- average gap
- $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
Union54 funding rounds4 · newest first
- Seed$12M
18 Apr 2022 · led by Tiger Global Management
- Funding RoundUndisclosed
11 Nov 2021
- Seed$3M
27 Oct 2021 · led by Tiger Global Management
- Seed$125K
01 Sep 2021
| Announced | Round | Lead · other investors | Amount |
|---|---|---|---|
| 18 Apr 2022 | Seed | Tiger Global Management · Vibe VC, Not Boring Capital, Earl Grey Capital | $12M |
| 11 Nov 2021 | Funding Round | DFS Lab | Undisclosed |
| 27 Oct 2021 | Seed | Tiger Global Management · ACE & Company, Babs Ogundeyi, Gbenga Ajayi, Risana Zitha, Runa Capital, The Todd & Rahul Angel Fund, Vibe VC | $3M |
| 01 Sep 2021 | Seed | Investors not disclosed | $125K |
Investors in Union5411 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Tiger Global ManagementVenture Capital | Lead in all 2 | Seed | Oct 2021 |
| Vibe VCVenture Capital | Participant | Seed | Oct 2021 |
| ACE & CompanyVenture Capital | Participant | Seed | Oct 2021 |
| Babs OgundeyiPrivate Equity | Participant | Seed | Oct 2021 |
| Gbenga AjayiVenture Capital | Participant | Seed | Oct 2021 |
| Risana ZithaSeed Fund | Participant | Seed | Oct 2021 |
| Runa CapitalVenture Capital | Participant | Seed | Oct 2021 |
| The Todd & Rahul Angel FundAngel Investor | Participant | Seed | Oct 2021 |
| DFS LabPrivate Equity | Participant | Funding Round | Nov 2021 |
| Not Boring CapitalVenture Capital | Participant | Seed | Apr 2022 |
| Earl Grey CapitalVenture Capital | Participant | Seed | Apr 2022 |
Frequently asked about Union54
- 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.
Profile updated Source: SLA Startup IndexHow we count →
