Diligence memo · auto-generated · as of July 2, 2026
Bizao
Bizao looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Bizao operates in Fintech, based in Ivory Coast, Africa. Ivory Coast-based fintech startup Bizao has raised EUR8 million (US$8.2 million) in Series A funding to help it scale commercialisation and expand into more African markets.
Sub-sector tags: fintech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Bizao has raised $8.2M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $8.2M on 2022-07-22.
Most recent recorded round closed around 2022-07-22.
Valuation (modeled)modeled
Provath models Bizao at approximately $101M (range $11M–$340M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.57× the median modeled value of Series A Fintech companies in 2022–2024 (32 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 3.9 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 88% of Fintech peers (1063 compared).
Modeled value ranks above 89% of those peers.
Closest niche peers: Thndr, Peach Payments, Bite Ninja, Inc., Kinside Inc., Plerk Holdings LLC.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.