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The company, which facilitates B2B payments for businesses in Francophone West Africa, mainly via mobile money channels, has raised a total of $7 million in the financing round. . Ivorian payments-led fintech startup Julaya has extended its pre-Series A round by $5 million.
It has facilitated the opening up of access to good quality raw data from statistical agencies in North Africa and the Middle East, which is being shared with individuals, institutions and the public at large.
Already, Autochek has rolled out its operations in Ivory Coast and Senegal following the acquisition, with more markets set to be activated, including Benin and Togo, as the auto marketplace expands. The company earns by charging a fee to dealers listing on its platforms, in addition to a loan facilitation commission from banks.
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