Senegalese fintech KaliSpot has secured $4 million in combined equity and debt financing to grow its interoperable financial infrastructure across the region, according to multiple industry reports. The funding is earmarked for scaling its 1Net network of smart financial kiosks and expanding services into new markets, including Côte d’Ivoire, Gabon and Guinea in 2026.
KaliSpot’s 1Net platform integrates physical access points, including smart kiosks and ATMs, with digital financial services, enabling users to perform cash-in and cash-out transactions and access interoperable banking, mobile money and fintech services. The company aims to bridge gaps in financial access, particularly in underserved urban and rural communities across West and Central Africa.
The latest funding round welcomed new investor Sékou Drame, former CEO of Sonatel, alongside a roster of existing angel backers and a sub-regional financial institution, the founders said. The capital injection is expected to support deployment of additional kiosks, enhance back-end technology, and strengthen operational capacity ahead of broader regional rollout.
Founded by CEO Mika Diol and backed previously by global venture investors including 500 Global, KaliSpot is building its presence as a fintech infrastructure provider that links banks, mobile money operators and fintech firms through a unified network of physical and digital touchpoints.
Industry observers noted that the funding comes amid rising interest in financial inclusion infrastructure across Africa, where persistent gaps in physical cash access and digital financial service penetration have spurred innovative hybrid solutions. KaliSpot’s model, combining smart kiosks with interoperable services, is seen as part of this broader trend toward bridging cash-based economies with formal digital finance.
The company’s expansion plans include deepening its footprint beyond Senegal into additional West and Central African markets in 2026, as it works to position the 1Net network as a scalable platform for inclusive financial services in the region.
Read more on Tech Gist Africa:
Wave, a Senegal‑based fintech startup has secured a $137 million debt financing facility
KERA, a Senegalese E-Health Startup Secures $10 Million Funding
Solarbox, a Senegalese energy solutions startup, has raised $1 million in pre-seed funding
