# HUB2

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hub2

- Industry: Financial Services
- Headquarters: France
- Website: www.hub2.io/
- Total disclosed funding: $8.5M
- Latest round: Series A (Dec 2, 2024)
- Investors on record: 4

## About

Based in France, and founded in 2019, Connekt4, trading under the name HUB2, operates as a financial technology platform that provides interconnected multi operator payment system in West and Central Africa. In December 2024, HUB2 raised USD 8.5 million in series A funding led by TLcom Capital, with participation from FMO, Enza Capital, Bpifrance. 

HUB2 is a payment infrastructure provider that focuses on mobile money solutions. The company main services are HUB2 Pay-In and HUB2 Pay-Out, that enable smooth mobile money transactions and international money transfers. These products are designed to meet payment systems in the region, helping users like neobanks, payment providers, and cryptocurrency companies process transactions securely and quickly. HUB2’s infrastructure ensures that different operators can work together, allowing both individuals and businesses to make transactions across borders easily and reliably. 

The company plans to use the December 2024 funding to enhance its platform and expand its market reach.

## Funding rounds

- Series A, Dec 2, 2024, $8.5M — TLcom Capital, Bpifrance, FMO, Enza Capital Management

## Investors

- TLcom Capital (https://capitalatlas.ai/funds/tlcom-capital) — Series A
- Bpifrance — Series A
- FMO — Series A
- Enza Capital Management (https://capitalatlas.ai/funds/enza-capital-management) — Series A