Orca

Businessfiled

Orca operates in Fintech, based in San Francisco, CA, USA; Austin, TX, USA. SA’s Orca raises $550k to fight fraud in emerging markets 0 By Tom Jackson on May 29, 2024 News , Southern Africa South African startup Orca Fraud has closed an oversubscribed pre-seed round of US$550,000 which it plans to use to protect emerging markets from fraud. Founded in January by Thalia Pillay and Carla Wilby, Orca empowers fraud analysts and compliance officers at banks and fintechs with the tools they need to effectively combat various types of fraud.

Sub-sector tags: Fintech, Neobank.

Capital & rounds (filed)filed

Orca has raised $550K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).

Largest single filing: $550K on 2024-05-29.

Most recent recorded round closed around 2024-05-29.

Valuation (modeled)modeled

Provath models Orca at approximately $2.8M (range $352K–$9.7M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.44× the median modeled value of Pre-Seed Fintech companies in 2022–2024 (31 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 2.1 yr ago; this sector typically re-raises about every 12 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

Comparablesmixed

Capital scale ranks ahead of 70% of Fintech peers (1063 compared).

Modeled value ranks above 68% of those peers.

Closest niche peers: MoneyHash, Nexta, Sava, Exponent Wealth Inc., Anchor.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.