“Can a single API layer become the dominant payment orchestration infrastructure connecting global fintechs, neobanks, and PSPs to Francophone Africa's fragmented mobile money ecosystem?”
Founded as CONNEKT4 in 2017 in Réunion, the company launched HUB2 in 2019 after founder Ashley Gauzere identified fragmentation in Francophone Africa's mobile money ecosystem. The company evolved from a regional payment aggregator into a full payment orchestration and interoperability platform, enabling PSPs, neobanks, remittance companies and crypto players to access 10+ Mobile Money Operators via a single API. The Series A in late 2024 positioned HUB2 explicitly as the 'Stripe for Francophone Africa', signalling an ambition to become the dominant payment infrastructure layer in French-speaking West and Central Africa.
HUB2 processes payments through HUB2 (self-operated).
HUB2 was founded by Ashley Gauzere and is founded in 2019, headquartered in Abidjan, Côte d'Ivoire (with registered entity CONNEKT4 in Réunion, France).
HUB2 has raised $10.4M in total (latest round: Series A, December 2024).
Get a read on where your own stack stands against HUB2 and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.