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Nigerian digital escrow service Vesicash raises funding from Ingressive Capital

Nigerian digital escrow service Vesicash has raised an undisclosed amount of funding from Ingressive Capital to help it grow its customer base and secure key partnerships.

A digital escrow service, Vesicash was built to prevent digital fraud and disputes by providing payment security for all parties involved in P2P or marketplace transaction.

The startup raised US$100,000 in pre-seed funding in November 2018, and has now raised a larger round from Ingressive Capital. Aside from the funding, the VC firm will also assist Vesicash with things like go-to-market strategy, sales, marketing and securing partners.

Read more from source article: https://nipc.gov.ng/2020/02/21/digital-escrow-service-vesicash-raises-funding-from-ingressive-capital/

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