Luxembourg-based startup Koosmik recently raised $2M to develop its operations in Togo

Investments
Monday, 03 June 2019 12:04
  Luxembourg-based startup Koosmik recently raised $2M to develop its operations in Togo

(Togo First) - Koosmik, a Luxembourd startup specialized in financial services raised on May 22, two million dollars to expand its activities in Togo where it has been operating since 2017.

This is the second time the firm proceeds to a fundraising aimed at boosting its operations in the West African nation. Through the previous operations, it successfully mobilized more than a million dollars.

Just like the first, the second fundraising was steered by Batipart International - major stakeholder of hospitality group Onomo International – Alpharatz, as well as business angels from France, Belgium, Luxembourg, Turkey and Morocco.

Koosmik’s app (App Store and Google Play) offers its users online banking services.

In 2018, the app boasted more than 60,000 users in Togo. The firm, which was founded by Grégoire Yakan, also its actual CEO, plans to expand to other French-speaking West African countries, a market with a population that exceeds 85 million people.

Ayi Renaud Dossavi

togofirst mobile

 
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