Companies · Fintech
Rwanda · Africa · Fintech
Diligence memoA one-page analyst read on Benefactors — recommendation, valuation, rhythm, risks.→Benefactors looks under-valued against its niche peers and is dormant on financing cadence.
Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the fintech sector profile.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
Benefactors is one of 1063 Fintech companies tracked from Rwanda, Africa. By capital raised it ranks mid-pack (ahead of 67% of sector peers), and in the upper tier by modeled valuation est..
Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.
Rwandan fintech startup Benefactors has taken on US$150,000 in pre-seed funding to help it scale its operations after reaching break-even point in June.
Rwandan fintech startup Benefactors has taken on US$150,000 in pre-seed funding to help it scale its operations after reaching break-even point in June.
As reported in public records reported — not modeled.
Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.
The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.
Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.
Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seed — a round under $1.0M). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.
Not enough modeled valuation points to chart a trajectory.
Benchmarked against 1063 companies in Fintech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.
Raised more than 67% of sector peers (real $). Modeled value above 70% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #6 of 8.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Let's Talk Payments, LLC | Pre-Seed | $1.1M | $42.7M | 3.91× |
| Best Credit Management, Inc. | Pre-Seed | $886K | $38.8M | 3.56× |
| Outpost Trading Co | Pre-Seed | $365K | $16.0M | 1.47× |
| 17 Central Banker/Last Rendezvous, Llc | Pre-Seed | $298K | $13.1M | 1.20× |
| Wealth Factory Inc | Pre-Seed | $200K | $8.8M | 0.80× |
| Benefactors this company | Pre-Seed | $150K | $6.6M | 0.60× |
| Fuqin Fintech Ltd | Pre-Seed | $106K | $4.7M | 0.43× |
| Grape Payments Corp | Pre-Seed | $100K | $4.4M | 0.40× |
Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Pre-Seed | $150K | 2018-09-24 | $833K | $6.6M | 45% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.
Benefactors is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Wealthmeup Inc. | Fintech | Pre-Seed | $135K | $509K | same sector · same stage |
| Wealth Factory Inc | Fintech | Pre-Seed | $200K | $8.8M | same sector · same stage |
| Circuit Pay, Inc. | Fintech | Pre-Seed | $200K | $731K | same sector · same stage |
| Flex Finance | Fintech | Pre-Seed | $200K | $4.0M | same sector · same stage |
| Zeepay | Fintech | Pre-Seed | $200K | $8.8M | same sector · same stage |
| Gaingels Nova Credit LLC | Fintech | Pre-Seed | $112K | $362K | same sector · same stage |
| Fuqin Fintech Ltd | Fintech | Pre-Seed | $106K | $4.7M | same sector · same stage |
| Grape Payments Corp | Fintech | Pre-Seed | $100K | $4.4M | same sector · same stage |
See where Benefactors sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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