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Fintech startup Cleva secures $1.5 million in pre-seed funding

Nigerian fintech startup Cleva has raised $1.5 million in seed funding with support from Y Combinator, a US-based tech startup accelerator. Early-stage venture capital firm 1984 Ventures led the round, with participation from TheRaba Partnership, Byld Ventures, Firstcheck Africa, and several angel investors. The funding is expected to help the fintech startup establish a banking platform that enables individuals and businesses to receive international payments.