SecondSTAX Raises $1.6M in Pre-Seed Funding
- SecondSTAX, an Accra, Ghana and Nairobi, Kenya-based cross-border multi-asset order routing and market data portal in Africa, raised $1.6M in Pre-Seed funding
- Backers included LoftyInc Capital Management, Orbit54, and STEMeIn
- The company intends to use the funds to accelerate growth, expand operations and team
- The company provides access to debt and equity securities across multiple African bond and stock exchanges
- The company facilitates transactions by securely routing orders onto existing mature capital markets exchange infrastructure, through sponsored broker relationships, in full compliance with local regulations
- At launch, the consolidated portal connects Ghanaian and Kenyan capital markets through sponsored broker relationships
