Raenest

Raenest is a multi-currency fintech platform founded in 2022 that lets Africans receive, send, spend and save money across borders. Its global accounts, denominated in USD, GBP and EUR, can be opened in minutes and are paired with virtual and physical cards, professional invoicing tools and US stocks investing. The platform supports deposits in USDC and USDT across multiple blockchains and offers Upwork FastTrack, which delivers Upwork earnings in under 60 minutes.

The company reports more than 1 million users - freelancers, creators and businesses - across over 50 countries, including the United States, the United Kingdom and Europe. It has processed over $2 billion in transaction volume across more than 15 million transactions, with a transaction completion rate of 99%.

Technical work spans cross-border payments, multi-currency accounts, card issuance, stablecoins and blockchain, digital investing, invoicing and billing automation, and global payouts. The company describes its mission as removing barriers to financial participation regardless of geography or regulatory hurdles, and building infrastructure that connects African talent and businesses to the global economy. It is backed by investors including QED, Google and Techstars.