Key Developments
Gozem Acquires Beninese Fintech Startup Moneex to Expand Financial Services
Gozem, the leading super app in Francophone Africa, has acquired Beninese fintech startup Moneex in an undisclosed deal.
The acquisition will enable Gozem to expand its financial services offerings and launch a mobile money solution, Gozem Money, in Togo and Benin.
Moneex, founded in 2021, provides multi-currency accounts and payment solutions to businesses and individuals across Francophone West Africa.
Moneex, founded in 2021, provides multi-currency accounts and payment solutions to businesses and individuals across Francophone West Africa.
The company’s expertise in fintech will complement Gozem’s existing transportation, delivery, and logistics services, creating a comprehensive super app that caters to the diverse needs of its users.
“We are excited to welcome Moneex to the Gozem family,” said Martial Konvi, Global Head of Product at Gozem.
“We are excited to welcome Moneex to the Gozem family,” said Martial Konvi, Global Head of Product at Gozem.
“With the addition of the Moneex team, we are poised to accelerate the introduction of our innovative fintech offerings to the market and provide our users with a seamless and integrated experience.”
The acquisition of Moneex marks a significant step in Gozem’s expansion strategy.
The acquisition of Moneex marks a significant step in Gozem’s expansion strategy.
The company plans to leverage Moneex’s technology and expertise to launch Gozem Money in Togo and Benin in the first quarter of 2024.
Gozem Money will offer various payment solutions, including mobile money transfers, bill payments, and airtime top-ups.
Gozem has pioneered the Francophone African market, launching its ride-hailing app in Togo in 2018.
Gozem has pioneered the Francophone African market, launching its ride-hailing app in Togo in 2018.
Since then, the company has expanded its offerings to include delivery and logistics and operates in 13 cities across Togo, Benin, Gabon, and Cameroon. Gozem has over one million registered users and has facilitated over 10 million trips.
The acquisition of Moneex reinforces Gozem’s commitment to providing essential digital services to its users across Africa.
The acquisition of Moneex reinforces Gozem’s commitment to providing essential digital services to its users across Africa.
With its expanded financial services offerings, Gozem is well-positioned to continue to play a leading role in the continent’s digital transformation.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
You may also like...
IFC Plans Up to $15 Million Backing for Catalyst’s New MENA Climate Fund
The International Finance Corporation (IFC) has announced that it is considering an equity injection of up to $15 million into the newly launched Catalyst MENA Climate Fund II, a climate-focused investment vehicle managed by Catalyst Investment Management.
November 18, 2025
Nigerian Fintech Startup Cleva Secures $1.5 Million Pre-Seed to Streamline International Payments Across Africa
Nigerian fintech startup Cleva has raised $1.5 million in pre-seed funding to streamline international payments for individuals and businesses across Africa.
January 9, 2024
Luxembourg-Based Debt Fund Bootstrap Europe Launches African Franchise to Support Early-Stage Startups
Bootstrap Europe, a Luxembourg-based growth debt fund, is set to expand its operations into Africa.
November 15, 2024