Xago
OperatingXago is a South African FinTech which provides an interoperable payment platform using the blockchain payment network
- FinTech
- Cape Town, South Africa
- Funding Round
- Founded 2016
- xago.io ↗
- Last round
- Funding Round
- Rounds
- 1
- since 2016
- Investors
- 1
- on record
- Employees
- 11-50
About Xago
Xago Technologies was founded in 2016 by Jurgen Kuhnel, Sonya Kuhnel and Mark Chirnside to harness the power of mobile, retail networks and blockchain technology to play a crucial role in transforming the payment industry, particularly in Africa. We provide innovative money movement that changes the way money flows, what it costs and how long it takes to reach a destination by bypassing traditional payment rails, providing secure, traceable and effective solutions to all elements of the financial ecosystem. The Xago team continues to develop bespoke, highly secure, fast and fully compliant products and services including a payment gateway, trade exchange, fiat on- and off-ramps based on trading ZAR/XRP cryptocurrency on the XRP Ledger, minimising currency exchange fluctuation risk.
Xago funding1 round
The latest is a Funding Round announced 17 Nov 2020.
Who has invested in Xago
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 17 Nov 2020 | Xago Funding Round | Imvelo Ventures | Not disclosed |
Xago founders & team
Full team →- Mark ChirnsideCEO, Chairman & Founder
- Sonya KuhnelCo-founder & Crypto Specialist
- Jurgen KuhnelCCO & Co-Founder
- Cheridan (Wyness) InglisChief Marketing Officer
- Kevin LewisChief Revenue Officer
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Frequently asked about Xago
- Where is Xago based and when was it founded?
- Xago is headquartered in Cape Town, South Africa and was founded in 2016.
- Who founded Xago?
- Xago was founded by Mark Chirnside (CEO, Chairman & Founder), Sonya Kuhnel (Co-founder & Crypto Specialist) and Jurgen Kuhnel (CCO & Co-Founder).
- Who is the CEO of Xago?
- Mark Chirnside is Xago's CEO, Chairman & Founder.
- How much funding has Xago raised?
- Xago has raised 1 funding round; the amounts were not disclosed. Its latest, a Funding Round, was announced on Nov 17, 2020.
- Who has invested in Xago?
- Backers include Imvelo Ventures.
- What sector is Xago in?
- Xago operates in FinTech, Financial Services and Blockchain.
