Nigerian communications platform-as-a-service startup Termii has raised $3.65 million in new financing, bringing its total funding to date to slightly $5 million. According to CEO Gbolade Emmanuel, in a chat with TechCrunch, the funds are not needed for operational activities but rather to power the company’s expansion initiatives: developing and promoting existing and new products in new markets with a priority to Francophone African countries (starting with the Ivory Coast), and not North Africa as earlier planned.
Nigeria’s Termii to scale customer engagement business with new investment
Emmanuel and Ayomide Awe launched Termii in 2019 after the founders recognized the need for African businesses to have exceptional communication channels. The startup’s API-based communication infrastructure allows businesses, particularly fintechs, to engage customers vi...