A $3.65 million investment round has been launched by the Nigerian customer engagement firm Termii to support its expansion plans, with a special focus on Francophone Africa.
This information can be found in a press release that Ripples Nigeria saw on June 9, 2023.
Emmanuel Gbolade and Tayo Awe launched the company in 2017, and it provides tools for customising consumer messaging across numerous platforms.
In order to reach clients at scale across Africa, Ripples Nigeria learned that Termii created a library of messaging APIs that allow service providers to incorporate personalised notifications into their mobile apps and web platforms.
Fintech Collective and Ventures Platform led the most recent fundraising round, which also included prominent investors Launch Africa Ventures, Nama Ventures, and Aidi Ventures.
The money will help Termii with its expansion aspirations, especially in Francophone Africa, with an emphasis on the Ivory Coast.
Termii co-founder Emmanuel Gbolade commented on the situation said:
“This funding is a significant milestone for Termii and a testament to the incredible work we have been doing to transform customer engagement in Africa.
“We are thrilled to have the support of such esteemed investors who share our vision of empowering businesses to easily engage and support their customers anywhere in Africa.”