https://techcrunch.com/2022/08/10/fintech-vc-qed-makes-its-first-african-investment-backing-nigerias-teamapt-in-50m-deal/

QED Investors, a U.S. fintech-focused venture capital firm, has led a new investment in TeamApt, a Nigerian fintech that provides business payments and banking platforms. The investment was over $50 million, according to sources familiar with the matter, though neither QED nor TeamApt would confirm the figure.

Existing investors from the company’s Series B last year (Crunchbase pegs it at $30 million+) — Lightrock, BII, and Novastar Ventures — all participated in this round.