Companies · Fintech

Groupay Inc.

LONDON · Fintech · refined from filed group “Other Technology · https://groupay.com.ng/

Diligence memoA one-page analyst read on Groupay Inc. — recommendation, valuation, rhythm, risks.
$478.3M
Total raised · real
7
Rounds
0.7×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Tue Jan 11 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Groupay Inc. looks over-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.

Over-valued
  • Modeled value is 1.55× the median modeled value of Series D+ Fintech companies in 2022–2024 (5 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.5 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Fintech

Groupay Inc. is one of 1063 Fintech companies tracked from LONDON. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Groupay || Automated Group Contribution

Are you tired of the headache associated with managing contribution (Ajo)? Do you need a solution that automates the process from start to finish (Contribution payment, reminder, disbursement and fine) Groupay is a simplified way to track group payments both online and offline. Member of your group contribution do not need to use the mobile app to join or track contribution. So much flexibility to make contribution (ajo) convenient for your members Groupay was designed with the group owner in mind. Your comfort and peace of mind is the focal point of the product. You also earn for using Groupay to manage your contribution Each member of the group get a unique account number where they make weekly/biweekly/monthly payment contribution to. Reminder is 100% automated via SMS, Email, Push notifications and in App. Every member is duly informed. Automated disbursement for each member on collection date. No worries as group admin. Do you belong to a church group, organisation, 'Ajo/Esusu' cooperation or planning on a trip with some friends, Groupay is the best way to track contributions. Try it today Easy way to track offline and online group payment Groupay

fintech
Find Groupay || Automated Group Contribution online

Trades publicly as Groupay || Automated Group Contribution.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
7
Investors (latest)
2022-01-11
First sale
Amount raised vs valuation, by round

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.

Amount raised · realModeled valuation · estCumulative funded · real
$0$2.5B$5.0B$7.5B$10.0BSeries A · 2012-10-10 Raised $4.9M (real) Modeled valuation $140M (est)Series A2012Series A · 2013-12-19 Raised $3.5M (real) Modeled valuation $99M (est)Series A2013Series A · 2016-03-07 Raised $11M (real) Modeled valuation $313M (est)Series A2016Series B · 2017-08-29 Raised $21M (real) Modeled valuation $673M (est)Series B2017Series C · 2019-02-07 Raised $75M (real) Modeled valuation $2.5B (est)Series C2019Series C · 2020-12-15 Raised $95M (real) Modeled valuation $2.7B (est)Series C2020Series D+ · 2020-12-15 Raised $105M (real) Modeled valuation $3.0B (est)Series D+2020Series D+ · 2022-01-11 Raised $257M (real) Modeled valuation $5.6B (est)Series D+2022Series D+ · 2022-01-11 Raised $192M (real) Modeled valuation $4.2B (est)Series D+2022+$3.5M+$11M+$21M+$75M+$95M+$105M+$257M+$192MCumulative $765M

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.

Financing ladder & sequence gaps
Series A$4.9M · 2012
Series A extension$3.5M · 2013
Series A extension$10.9M · 2016
Series B$21.4M · 2017
Series C$75.5M · 2019
Series C extension$95.0M · 2020
Series D+$105.0M · 2020
Series D+ extension$257.1M · 2022
Series D+ extension$192.1M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$5.6B
Base estimate est.
$1.4B
Conservative case
$10.4B
Upside case
$2.1B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.

Series A · modeled $140.2M · 2012-10-102012Series A · modeled $99.4M · 2013-12-19Series A · modeled $312.5M · 2016-03-07Series B · modeled $673.5M · 2017-08-29Series C · modeled $2.5B · 2019-02-07Series C · modeled $2.7B · 2020-12-15Series D+ · modeled $3.0B · 2020-12-15Series D+ · modeled $5.6B · 2022-01-11Series D+ · modeled $4.2B · 2022-01-112022
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
82%
Survival probability
65% low · 90% high
1.30×/yr
Annual markup
1.46×/yr upside case
4.5 yr
Elapsed time used
4.5 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
14 mo
Avg between rounds
$51.7M/yr
Capital velocity
13.7 yr
On record since
2012
First round
9
Rounds on file
How it compares to the market

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.

Total raised — vs sector median (real $, all stages) 111× above median
This company$478.3M
Sector median$4.3M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 1.3× above median
This company$192.1M
Sector median$145.2M
Modeled value — vs sector median (estimate, all stages) 125× above median
This company$5.6B
Sector median$45.0M

Raised more than 99% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #1 of 5.

This companyCohort peer
$100.0M$1.0B$10.0B$100.0M$1.0BCapital raised (log)Bilt Technologies, Inc. · Series D+ Raised $544.7M · modeled $4.5B (est)Jeeves Inc. · Series D+ Raised $248.3M · modeled $3.6B (est)Heights Management Holdco, LLC · Series D+ Raised $145.2M · modeled $2.7B (est)Frubana Inc · Series D+ Raised $275.0M · modeled $358.3M (est)Groupay Inc. (this company) Raised $478.3M · modeled $5.6B (est)Groupay Inc.
CompanyStageRaised · realValue · estvs peer med.
Groupay Inc. this companySeries D+$478.3M$5.6B1.55×
Bilt Technologies, Inc.Series D+$544.7M$4.5B1.23×
Jeeves Inc.Series D+$248.3M$3.6B1.00×
Heights Management Holdco, LLCSeries D+$145.2M$2.7B0.75×
Frubana IncSeries D+$275.0M$358.3M0.10×
Full financing history

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.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$4.9M2012-10-10$22.2M$140.2M85%
Series A$3.5M2013-12-19$15.7M$99.4M85%
Series A$10.9M2016-03-07$49.5M$312.5M85%
Series B$21.4M2017-08-29$118.8M$673.5M90%
Series C$75.5M2019-02-07$503.3M$2.5B90%
Series C$95.0M2020-12-15$633.3M$2.7B90%
Series D+$105.0M2020-12-15$875.0M$3.0B90%
Series D+$257.1M2022-01-11$2.1B$5.6B90%
Series D+$192.1M2022-01-11$1.6B$4.2B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$4.9M2012-10-10
    • First recorded raise — entered as Series A.
  2. Series A$3.5M2013-12-19
    • Raised 14 mo later, in step with the ~12 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 8 investors on this round.
  3. Series A$10.9M2016-03-07
    • Raised again after 27 mo — slower than the ~12 mo sector norm.
    • Round 3.1× larger than the prior — scaling up.
    • 6 investors on this round.
  4. Series B$21.4M2017-08-29
    • Raised 18 mo later, in step with the ~12 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 8 investors on this round.
  5. Series C$75.5M2019-02-07
    • Raised 17 mo later, in step with the ~12 mo sector norm.
    • Round 3.5× larger than the prior — scaling up.
    • 13 investors on this round.
  6. Series C$95.0M2020-12-15
    • Raised again after 22 mo — slower than the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • 9 investors on this round.
  7. Series D+$105.0M2020-12-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 11 investors on this round.
  8. Series D+$257.1M2022-01-11
    • Raised 13 mo later, in step with the ~12 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • 20 investors on this round.
  9. Series D+$192.1M2022-01-11
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 7 investors on this round.
Intelligence
2023 ~Q1
Modeled next raise · ~14mo cadence
$192.1M
Modeled next size est.range $192.1M$307.4M
0.7×
Last step-up
$51.7M/yr
Capital velocity

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.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Matthew Robinson5 other2012-10
Michael Treskow2 other2016-03
Carlos Jack Gonzales-Cadenas2020-12
Carlos James Gonzales-Cadenas2022-01
Hiroki James Takeuchi2017-08
Hiroki Takeuchi2012-10
Mark Zaleski2016-03
Martin Charles Gibson2017-08
Martin Jack Gibson2019-02
Martin James Gibson2022-01
Matthew Jack Robinson2017-08
Matthew James Robinson2022-01
Matt Jack Harris2020-12
Matt James Harris2022-01
Michael James Rouse2022-01
Stephen Charles Chandler2017-08
Stephen Jack Chandler2019-02
Stephen James Chandler2022-01
Thomas Blomfield2012-10
Thomas Jack Hulme2020-12
Thomas James Hulme2022-01
Tim Bunting2016-03
Tim James Bunting2022-01
Timothy Brian Bunting2017-08
Registry & provenance

Groupay Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1560442
SEC CIK
Similar companies

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.

CompanySectorStageRaised · realValue · estWhy similar
Greenlight Financial Technology, Inc.FintechSeries D+$521.5M$6.4Bsame sector · same stage
Bilt Technologies, Inc.FintechSeries D+$544.7M$4.5Bsame sector · same stage
Frubana IncFintechSeries D+$275.0M$358.3Msame sector · same stage
Jeeves Inc.FintechSeries D+$248.3M$3.6Bsame sector · same stage
Flutterwave, Inc.FintechSeries D+$229.3M$4.7Bsame sector · same stage
TA Fintech Inc.FintechSeries D+$193.0M$954.7Msame sector · same stage
Wealthtech Holdings, LLCFintechSeries D+$188.5M$5.3Bsame sector · same stage
RISE WEALTH TECHNOLOGIES GmbHFintechSeries D+$170.0M$5.6Bsame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
goDutch
Group payments product which lets people pay together at any offline…
Fintech75%
Memberstack
Build a custom SaaS or membership site with Webflow or Wordpress
Fintech75%
Groupraise.com, Inc.Other TechnologySeed$34.9M74%
Abacus
Making expense reports obsolete
Fintech74%
GroupSense, Inc.Other TechnologyPre-Seed$2.5M74%
GroupGifting.com, Inc.Other TechnologySeries A$16.6M73%
xPay
International Billing Ops, Sales Tax and Payments for SaaS businesses
FintechPre-Seed$10.9M72%
Paid
Autopilot for Accounts Receivable
Fintech72%
Frequently asked
How much funding has Groupay Inc. raised?
Groupay Inc. has raised approximately $478.3M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Groupay Inc.'s estimated valuation?
Provath's modeled valuation for Groupay Inc. is approximately $5.6B (modeled range $1.4B–$10.4B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Groupay Inc. at?
Groupay Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Tue Jan 11.
What does Groupay Inc. do and where is it based?
Groupay Inc. operates in the Fintech sector, based in LONDON. Groupay || Automated Group Contribution
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