Moment Series A Funding Round
South African fintech startup Moment raised $22 million in a Series A funding round to expand its African payment infrastructure.
Aggregated from 5 sources · Updated 27 Aug 2026, 04:09 UTC (UTC)
Coverage Balance
5 sourcesBlindspot Alert: Center Gap
This event is primarily covered by one side of the political spectrum. Niche or counter-narrative facts may be underrepresented.
Facts (10)
- Established
Moment closed a $22 million Series A funding round led by AlphaCode Venture Partners.
- Established
The funding round included participation from General Catalyst, MultiChoice, and a new investment from French media group Canal+.
- Established
Moment's total capital raised since its launch three years ago has reached $55 million.
- Established
Moment provides payment collection, recurring billing, and revenue retention solutions for corporate and enterprise merchants.
- Established
The startup plans to use the new funds to deepen its network, enhance its platform, and accelerate expansion across Africa.
- Established
Moment's platform supports a range of payment methods including digital wallets, mobile money, cards, real-time bank transfers, and in-person payments.
- EmergingNiche Signal
The company maintains offices in Cape Town, Dubai, Johannesburg, Lagos, Kigali, and London.
- Attribution
Moment processes approximately 600,000 transactions daily for an estimated 10 million people monthly.
- Attribution
Moment's in-person acceptance network covers more than two million physical locations.
- Attribution
Dominique Collett of AlphaCode Venture Partners stated that Moment is addressing payment complexity that acts as a hidden tax on African commerce.