Paga

paymentsmobile/digital wallet

FOUNDING YEAR: 2009
LOCATION: Nigeria
Last Update: 01/05/2020

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About

Paga Wallet is a Nigerian eWallet that allows merchants to collect payment from shoppers who do not have bank accounts.

Focus

PRODUCTS & SERVICES

Online and offline payments

REVENUE MODEL

Transaction Based Revenue Model

MAIN CLIENTS

Retail Consumers

Traction

VALUATION / MARKET CAP:

$66.67 M in 2015

ACTIVE USERS:

2.3000

People

FOUNDERS

Tayo Oviosu

Jay Alabraba

BOARD MEMBERS AND ADVISORS

Ngozi Edozien

Rotimi Olaniyan

Tani Fafunwa

Tayo Oviosu

Tokunboh Ishmael

Yemi Lalude

Jim O'Neill

NUMBER OF EMPLOYEES

201-500

INVESTORS:

Acumen

Adlevo Capital

Capricorn

Draper Associates

Global Innovation Fund

Goodwell

OMIDYAR NETWORK

Unreasonable Capital

Momentum

FUNDED

YES

TOTAL FUNDING

$32.7 M

DATE OF LAST FUNDING

Sep 2018

TOTAL FUNDING COMMENT

The company will use the funds for international expansion specifically into Ethiopia, Mexico, and the Philippines. (Sep. 2018)

SEED & PRIOR FUNDING

$700 K

SEED CLOSED ON

Sep 2010

FUNDING SERIES

SERIES A  · $9 M  · Jun 2012

SERIES B  · $23 M  · Sep 2018

LISTED

NO

BASICS

FOUNDING YEAR:

2009

LOCATION:

Nigeria

Views:

502 VISITORS | 736 VIEWS
LATEST FUNDING ROUND

$32.7 M

TOTAL EMPLOYEES
201-500

About

Paga Wallet is a Nigerian eWallet that allows merchants to collect payment from shoppers who do not have bank accounts.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

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