• FOUNDING YEAR: 2009
    LOCATION:
    Nigeria
    REGION:
    Last Update:
    27 Jun, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Online and offline payments
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Retail Consumers

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, Yemi Lalude
NUMBER OF EMPLOYEES:
201-500
INVESTORS:
Global Innovation Fund, Goodwell, Unreasonable Capital, Omidyar Network, Adlevo Capital, Acumen, Capricorn, Draper Associates, Draper Associates

TRACTION

VALUATION / MARKET CAP:
$66.67 MM in 2015
ACTIVE USERS:
2.3000

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$35 Millions
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 Millions Closed: Jun 2012
SERIES B
$23 Millions Closed: Sep 2018
LISTED:
NO

LATEST RESEARCH