BALUWO FINANCIAL SERVICES SL.
A E-commerce & Marketplaces, Financing startup included in the Barcelona & Catalonia Startup Hub
BALUWO
Baluwo is an all-in-one cash-to-goods service app that enables migrants based in Europe, the US, and the UK to purchase food, construction materials, electricity, mobile top-ups, and send small amounts of money to family and friends in West Africa. Baluwo currently operates in 17 countries across Sub-Saharan Africa and partners with over 1,000 local stores. Our mission is to improve the social economy in Africa by doing business with independent shops across the continent.
Industries & Technologies
Financial data
Other information
Funding
2M € (March 2022)
capital
Investors: creas, Open Value Foundation
0.5M € (February 2021)
Minority stake unknown %
Investors: Dozen Investments
0.6M € (November 2017)
Minority stake unknown %
Investors: Cabiedes & Partners, Seedrocket, 4founders capital
Source: Press releases newsletters & platforms company websites annual reports & accounts regulatory body sites & stock exchanges
@baluwoapp
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Collaborators of Barcelona & Catalonia Startup Hub.
We teamed up with business associations, universities and startup incubators to create the Barcelona & Catalonia Startup Hub.