Fundraising Fox

REXIAL

Techstars '24

Port Jefferson, US · Founded 2023 · Delaware corporation · 1 known investors

rexial.com

Rexial builds account-to-account direct debit infrastructure for merchants, banks, and consumers to automate recurring payments across Africa. The company operates a proprietary payment network connecting financial institutions and businesses to enable real-time, secure subscription and recurring payment collection at scale.

Crypto & Web3Enterprise SoftwareFintechSaaS

Founders & leadership

REXIAL was founded in 2023 by Aeko Ongodia and Arthur Nakkaka.

AO
Aeko Ongodia
AN
Arthur Nakkaka

Investors · 1

Reported raises · per SEC filings

Form D private placements

$424.5K disclosed across 1 round · 2024

$424.5KraisedSep 2024 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Arthur NakkakaDirector
  • Aeko OngodiaExecutive Officer, Director
Offering amount
$474.5K
Amount sold
$424.5K
First sale
Aug 2024
Incorporated
Corporation, Delaware, 2023
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does REXIAL do?
Rexial builds account-to-account direct debit infrastructure for merchants, banks, and consumers to automate recurring payments across Africa. The company operates a proprietary payment network connecting financial institutions and businesses to enable real-time, secure subscription and recurring payment collection at scale.
Who founded REXIAL?
REXIAL was founded by Aeko Ongodia, Arthur Nakkaka in 2023.
Who are REXIAL's investors?
REXIAL's investors include Techstars.
How much funding has REXIAL raised?
REXIAL has disclosed $424.5K raised across 1 round.
Where is REXIAL headquartered?
REXIAL is headquartered in Port Jefferson, US.