QED Investors, the fintech-focused venture capital firm, has invested in Nigerian fintech TeamApt after bringing in a new team to target Africa investments.
Although QED has invested in 27 unicorns with a portfolio of 180 companies, and with almost $5billion in assets under management, TeamApt represents its first investment in Africa.
TeamApt operates one of Nigeria’s largest business payments and banking platforms, with more than 400,000…