Diligence memo · auto-generated · as of July 2, 2026
NowPay
NowPay looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
NowPay operates in Fintech, based in Africa. Cairo-based fintech startup NowPay has raised a US$2.1 million seed funding round to deepen the capabilities of its platform, expand its team, and establish its footprint in the MENA region and beyond.
Sub-sector tags: fintech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
NowPay has raised $2.1M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.1M on 2020-10-12.
Most recent recorded round closed around 2020-10-12.
Valuation (modeled)modeled
Provath models NowPay at approximately $64M (range $1.8M–$469M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.32× the median modeled value of Seed Fintech companies in 2019–2021 (34 peers) — value vs value, same stage and era. Within the normal band (132% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 5.7 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 78% of Fintech peers (1063 compared).
Modeled value ranks above 86% of those peers.
Closest niche peers: Paymob, Alude Holdings Ltd., Stitch, Chari, Diool.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.