REXIAL
Techstars '24Port Jefferson, US · Founded 2023 · Delaware corporation · 1 known investors
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 TechnologyRule 506(b)
▶$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
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.

