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</o:shapelayout></xml><![endif]--></head><body lang=EN-ZW link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Verdana",sans-serif;color:#1F497D'><img width=848 height=288 id="Picture_x0020_4" src="cid:image002.jpg@01D5E528.C8F61280"></span><span style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p><p class=MsoNormal style='vertical-align:middle'><span style='font-family:"Verdana",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p style='margin:0cm;margin-bottom:.0001pt;background:white;vertical-align:baseline'><strong><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#3A4149;border:none windowtext 1.0pt;padding:0cm'><o:p> </o:p></span></strong></p><p style='margin:0cm;margin-bottom:.0001pt;background:white;vertical-align:baseline'><strong><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#3A4149;border:none windowtext 1.0pt;padding:0cm'><o:p> </o:p></span></strong></p><p style='margin:0cm;margin-bottom:.0001pt;background:white;vertical-align:baseline'><strong><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#3A4149;border:none windowtext 1.0pt;padding:0cm'>Nigerian digital escrow service Vesicash has raised an undisclosed amount of funding from Ingressive Capital to help it grow its customer base and secure key partnerships.<o:p></o:p></span></strong></p><p style='margin:0cm;margin-bottom:.0001pt;background:white;vertical-align:baseline'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#3A4149'><o:p> </o:p></span></p><p style='margin:0cm;margin-bottom:.0001pt;background:white;vertical-align:baseline'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#606569'>A digital escrow service, <span style='border:none windowtext 1.0pt;padding:0cm'>Vesicash</span> was built to prevent digital fraud and disputes by <span style='border:none windowtext 1.0pt;padding:0cm'>providing payment security for all parties involved in P2P or marketplace transaction</span>. <o:p></o:p></span></p><p style='margin:0cm;margin-bottom:.0001pt;background:white;vertical-align:baseline'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#606569'><o:p> </o:p></span></p><p style='margin:0cm;margin-bottom:.0001pt;background:white;vertical-align:baseline'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#606569'>The startup raised US$100,000 in pre-seed funding in November 2018, and has now raised a larger round from <span style='border:none windowtext 1.0pt;padding:0cm'>Ingressive Capital</span>. Aside from the funding, the VC firm will also assist Vesicash with things like go-to-market strategy, sales, marketing and securing partners.<o:p></o:p></span></p><p style='margin:0cm;margin-bottom:.0001pt;background:white;vertical-align:baseline'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#606569'><o:p> </o:p></span></p><p style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:22.3pt;margin-left:0cm;background:white;vertical-align:baseline'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#606569'>“To succeed in this market, you need the backing of strong local partners like Ingressive Capital. Having them on board gives Vesicash the necessary boost in taking the necessary steps for achieving our vision, and opens up the door of unending possibilities as founders of the company,” Ibrahim Oladele, Vesicash co-founder and chief executive officer (CEO), told Disrupt Africa.<o:p></o:p></span></p><p style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:22.3pt;margin-left:0cm;background:white;vertical-align:baseline'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#606569'>“The investment will help us focus on our mission of empowering Nigerians through a secure, safe and transparent way of carrying out digital transactions without the fear of being defrauded.”<o:p></o:p></span></p><p style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:22.3pt;margin-left:0cm;background:white;vertical-align:baseline'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#606569'>Built originally for marketplace and social commerce platforms, Vesicash has seen a significant volume of the transactions it has processed so far come from the services sector. Currently operating only in Nigeria, it has plans to secure strategic partnerships to offer its payment security solution to other countries within West Africa and Africa as a whole.-</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif'> </span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#606569'>disrupt-africa.com <o:p></o:p></span></p><p style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:22.3pt;margin-left:0cm;background:white;vertical-align:baseline'><a href="https://disrupt-africa.com/wp-content/uploads/2020/02/Vesicash.jpg" title=""Nigerian digital escrow service Vesicash raises funding from Ingressive Capital" "><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#19232D;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'><img border=0 width=702 height=336 id="Picture_x0020_2" src="cid:image004.jpg@01D5EB80.6F5D62B0" alt="https://disrupt-africa.com/wp-content/uploads/2020/02/Vesicash-702x336.jpg"></span></a><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#606569'><o:p></o:p></span></p><p style='background:white'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'><o:p> </o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='background:white'><i><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Invest Wisely!</span></i><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='background:white'><b><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Bulls n Bears </span></b><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Telephone: <a href="tel:%2B263%204%202927658" target="_blank"><span style='color:windowtext'>+263 4 2927658</span></a><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Cellphone: <a href="tel:%2B263%2077%20344%201674" target="_blank"><span style='color:windowtext'>+263 77 344 1674</span></a><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Alt. Email: <a href="mailto:info@bulls.co.zw"><span style='color:windowtext'>info@bulls.co.zw</span></a> <o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Website: <a href="http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw&sa=D&sntz=1&usg=AFQjCNH8LYgdY55h-XKseuM8Kpr-JKdfhQ" target="_blank"><span style='color:windowtext'>www.bulls.co.zw</span></a> <o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Blog: <a href="http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw%2Fblog&sa=D&sntz=1&usg=AFQjCNFoIy6F9IXAiYnSoPSgWDYsr8Sqtw" target="_blank"><span style='color:windowtext'>www.bulls.co.zw/blog</span></a><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Twitter: @bullsbears2010<o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>LinkedIn: Bulls n Bears Zimbabwe<o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Facebook: <a href="http://www.google.com/url?q=http%3A%2F%2Fwww.facebook.com%2FBullsBearsZimbabwe&sa=D&sntz=1&usg=AFQjCNGhb_A5rp4biV1dGHbgiAhUxQqBXA" target="_blank"><span style='color:windowtext'>www.facebook.com/BullsBearsZimbabwe</span></a><o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Skype: Bulls.Bears <o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><img border=0 width=210 height=101 id="_x0000_i1027" src="cid:image003.jpg@01D5644F.B4AB0B00" alt="cid:image012.jpg@01D0BFE7.544DF490"><o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:23.4pt;background:white'><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></div></body></html>