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Ozaremit, a United Kingdom-based airtime top-up company, has announced that it secured investment, barely three months after its launch.

In a statement issued on Thursday, Ozaremit said it secured funding from three French investors, Thibault Launay, Romain Girbal and Célia Grémy. The investors, who are focused on the emerging markets, earlier made investment in Afrimalin, a classifieds service in Francophone countries.

Ozaremit was co-founded in April 2016 by two African tech entrepreneurs, Ibrahima Soumano, a Guinean, and Takwana Tyaranini, a Zimbabwean. Ozaremit is currently connected to over 400 mobile operators worldwide with a reach of 4.5 billion prepaid users. Its users can send airtime top-ups to loved ones in 110 countries, including Nigeria, India and Pakistan. The service is already the cheapest to send mobile credit top-ups to phones in Nigeria.  

"We are pleased to get leading international entrepreneurs and investors on board to accelerate our growth,” said Soumano. "We will rapidly scale Ozaremit's customer base and expand our activities beyond top-up. We are set to be the next fintech success story.”

Ozaremit said the new funding will help the company to ramp up marketing across multiple channels and allow Ozaremit to launch its agency network in an effort to make the service widely available to offline customers.  

With the growth Ozaremit has been registering in users and revenue, the co-founders say they hope to secure more capital before the end of 2016.

The process of sending mobile credit is simple. You select a mobile number, the top-up amount, proceed to the payment checkout and the credit is sent instantly.

The company also said a new user interface offering cross-border remittances for mobile airtime, bill payment and mobile money transfer will be unveiled in the coming weeks.