Scale, an Issuer Orchestration Platform and pioneering payments enabler, has successfully raised 700,000 in Pre-Seed funding. The round was led by early-stage investors 54 Collective and First Circle Capital, with participation from Sunny Side Venture Partners and prominent industry angel investors.
As Scale marks its first anniversary this October, this significant funding milestone paves the way for its expansion into Kenya, Zambia, and Cote d'Ivoire, where it aims to revolutionize the payments landscape by enabling critical payment use cases with speed and efficiency.
In under a year, Scale has secured strategic partnerships with investors, banks, networks, and payment technology providers, positioning itself as a modern card-issuing orchestration and Infrastructure-as-a-Service IaaS platform. Scale offers a seamless, sustainable solution tailored to the unique needs of businesses and customers across Africa.
Miranda Perumal, CEO of Scale, believes the investment reflects the value of their proposition and the company's commitment to empowering African fintechs. "This is not just what we do it's embedded in the very core of our values. With the support of our esteemed investors and partners, we are well-positioned to accelerate ecosystem engagement, build trust with African businesses, and continue focusing on solving major challenges in enabling card rails by delivering unrivaled, world-class service," said Perumal.
Hetal Patel, Chief Investment Officer at 54 Collective, emphasized Scale's potential to unlock value by simplifying the card-issuing process and addressing key pain points, especially for clients serving underserved communities like women and youth. "At 54 Collective, we back ventures that disrupt industries and drive real impact across the continent, including expanding financial inclusion and enabling entrepreneurship. Scale's team, led by an exceptional female founder, excites us with their deep sector expertise and bias toward action, and we look forward to seeing them become a critical enabler for fintechs," said Patel.
