Raenest
Techstars '22Lagos, NG · Founded 2022 · 78 employees on LinkedIn · 9 known investors
Raenest provides financial infrastructure and payment solutions to enable individuals and businesses in emerging economies to participate in global finance. The platform facilitates cross-border transactions and financial access for global citizens regardless of geography or regulatory barriers.
Founders & leadership
Raenest was founded in 2022 by Victor Alade, Richard Oyome, Sodruldeen Mustapha, and Sodruldeen M..
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Victor Alade
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Richard OyomeinFounderRichard Oyome is the founder of Raenest, which provides financial infrastructure and cross-border payment solutions for individuals and businesses in emerging economies. He has a marketing background across digital, performance, and product marketing for B2B and B2C fintech companies, with experience working alongside teams in North America, Europe, and Asia.
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Sodruldeen Mustapha
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Sodruldeen M.inCo-Founder & CTO
Investors · 9
Ajim CapitalLagos · $250K – $500Kvia Eunice Ajim · inferred
HoaQ$25K – $350K
Norrsken22Johannesburg
QED InvestorsAlexandria · $30K – $25M
TechstarsBoulder · $220K
Ten13Fortitude Valley · $300K – $2M
Ventures PlatformAbuja · $50K – $1M
P1 Venturesreported · 2 sourcesGrand Cayman · $100K – $1M
SeedstarsreportedGeneva
Funding
SEC filings, press & company announcements$11M disclosed across 1 round · 2025
- $11MSeries AFeb 2025 · 4 sources
QED Investors (lead), Norrsken22, P1 Ventures, Seedstars, Ventures Platform
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 7
by search overlap
Printify1139 shared keywordsPrintify is a print-on-demand platform that enables entrepreneurs to build eCommerce businesses by connecting them with a global network of printing providers. The service allows merchants to sell custom products without upfront inventory investment or cash outlay.
Quicken1033 shared keywordsQuicken offers a personal finance management product and runs an affiliate program, hosted on the Impact platform, that pays partners for referred sign-ups and sales. Affiliates receive tracking links, creatives, and monthly payments.
Whop1030 shared keywordsWhop provides APIs and embedded components for developers to integrate checkout and payment functionality into their applications without building complex infrastructure from scratch.
Jetlore996 shared keywordsJetlore was a Palo Alto AI startup that turned unstructured retail product data into structured attributes so merchants could personalise what each shopper saw. Founded by Stanford researchers, it raised from Sierra Ventures, Alsop Louie Partners, Fenox Venture Capital, BRM Capital and Mercury Fund, and PayPal acquired it in 2018.
UserTesting881 shared keywordsUserTesting provides a human insight platform that helps Product, Marketing, Digital, and CX teams at enterprises collect and analyze real human feedback to validate decisions and improve customer experiences. The platform combines participant networks, AI-driven insights, and expert services to enable organizations to understand customer reactions and behavior.
Wix808 shared keywordsWix is a website builder and domain registrar that enables users to create professional websites and online presence. The platform serves businesses, creators, agencies, and enterprises with design tools, business management features, and AI-powered capabilities.
Today773 shared keywordsTODAY is a media outlet publishing news and lifestyle content across food, recipes, health and wellness, parenting, pop culture, books, and relationships. It also offers Start TODAY, a subscription fitness and wellness membership with workouts, meal plans, and expert support.
Companies competing with Raenest for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Raenest do?
- Raenest provides financial infrastructure and payment solutions to enable individuals and businesses in emerging economies to participate in global finance. The platform facilitates cross-border transactions and financial access for global citizens regardless of geography or regulatory barriers.
- Who founded Raenest?
- Raenest was founded by Victor Alade, Richard Oyome, Sodruldeen Mustapha, Sodruldeen M. in 2022.
- Who are Raenest's investors?
- Raenest's investors include Ajim Capital, HoaQ, Norrsken22, QED Investors, Techstars, Ten13, Ventures Platform, P1 Ventures and 1 more.
- How much funding has Raenest raised?
- Raenest has disclosed $11M raised across 1 round.
- Where is Raenest headquartered?
- Raenest is headquartered in Lagos, NG.