Ozaremit secures funding to Accelerate its Development

Ozaremit, is set to accelerate development 3 months after its launch.

Currently covering 110 countries, including 35 countries in Africa. Ozaremit is a competitive, safe and fast online service to send airtime to family and friends living abroad.

Currently, it is the cheapest service to send top-ups to phones in Nigeria.

Ozaremit has secured funding from French investors Thibault Launay, Romain Girbal and Célia Grémy to boost growth. They have a vast experience investing in mid to early stage startups, including soon to launch Awww.Afrimalin.com, a classified listing platform for Francophone Africa.

The new funds will help ramp up marketing across multiple channels and allow Ozaremit to launch its agents network in an effort to make the service widely available to offline customers.

They are working on a new user interface offering cross border remittances for mobile airtime, bill payment and mobile money transfer that will be unveiled in the coming weeks.