Kwanji secures funding for £200k through the Seed Enterprise Investment Scheme

by Bianca Anason, 10 November 2013

We are happy to write that Kwanji Ltd, an Innovation Warehouse-based startup, have had a great success in completing a Seed Funding Round led by Mercia Fund Management Ltd and a host of industry veterans under the Seed Enterprise Investment Scheme.

Conscious of the difficulties that Small and Medium Enterprises encounter in the ever-expanding and over-competitive international trade scenario, Leslie Onyesoh and William Lorenz founded Kwanji with a precise goal in mind, empower SMEs to international trade and “make international trade easier”.

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Their story in a graphic novel

As Leslie Onyesoh (CEO) said, “the Forex status quo has been hurting businesses that seek to conduct cross-border trade for too long.” So, Kwanji devised Kwexc, an innovative online portal for businesses trading in foreign exchange to overcome punitive fees and complexities and make international transactions more efficient and convenient.

With this funding secured, Kwanji will continue the successful implementation of their revolutionary approach for a fairer playing field for SMEs across the globe.

About Kwanji

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Website: kwanji.com

Kwanji recognises that SMEs have for too long had their quest to conduct global trade blocked by needless charges and complexities. Their revolutionary Forex platform, Kwexc, provides an online portal through which SMEs can access cheap Forex rates in a quick and painless manner. This is the first step in their mission to make global trade easier for every business, regardless of size or location

About Mercia Fund Management

Mercia Fund Management (MFM) is a venture capital fund manager with over £19 million under active management. MFM provides investment growth capital for businesses ranging from early commercial traction through to those seeking expansion or working capital that are trading profitably. Furthermore, MFM can also provide cost-effective incubator accommodation at Forward House in Henley-in-Arden coupled with centralised support services in keeping with its model as a hands-on, supportive investor.