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Xend logo — Xend enables businesses and their customers to make and rece...

Xend

Xend enables businesses and their customers to make and receive payments easily using both online and offline channels.

Founded 2019 Nigeria Enugu, Nigeria 12 employees Seed Total: $2.00M Food Delivery, Payments +1

General Information

Company Name Xend
Founded Year 2019
Location Nigeria Enugu, Nigeria +1
Employees 12
Industries Food Delivery, Payments, Platforms
Funding Stage Seed
Social

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About Xend

XEND is a fintech startup founded in 2019 and based in Nigeria. The company's slogan, "Xend enables businesses and their customers to make and receive payments easily using both online and offline channels," reflects its core mission. Xend offers a range of services including payment solutions for small businesses, inventory management, e-commerce support, and business analytics. The company operates within the Food Delivery, Payments, and Platforms industries.

In February 2021, Xend secured a $500.00K Seed Round investment from HashKey Capital and NGC Ventures. This investment is indicative of the potential that investors see in Xend's business model and its ability to address the needs of small businesses in the Nigerian market. With its focus on simplifying payment processes for businesses and customers alike, Xend is positioned to make a significant impact in the fintech space.

Taxonomy: technology company, scalable algorithm, parallel algorithm, payments, blockchain technology, computing, online payments, offline payments, money transfer, zero fees, internet-free transfer

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 2
Investor Investor
09 Feb 2021
Seed Round •••••• 5
Investor Investor Investor
•••• •••• 		02 Nov 2020
Seed Round •••••• 1
Investor
26 May 2020

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FAQ About Xend

Xend enables businesses and their customers to make and receive payments easily using both online and offline channels.
Xend was founded in 2019.
Xend is headquartered in Enugu, Nigeria.
Xend operates in the following industries: Food Delivery, Payments, Platforms.
Xend has approximately 12 employees.
Xend has completed 3 funding rounds, raising a total of $2.00M. The latest funding stage is Seed.
Top alternatives and competitors to Xend include DeemPay, Cash Minute Official, CashPak, RemitPro , E9pay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Xend and DeemPay are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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