Diligence memo · auto-generated · as of July 2, 2026
Paga
Paga has raised $13M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Paga operates in Fintech, based in Africa. Nigerian mobile payments company Paga raises $13m in funding.
Sub-sector tags: fintech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Paga has raised $13M 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: $13M on 2015-10-07.
Most recent recorded round closed around 2015-10-07.
Valuation (modeled)modeled
Provath models Paga at approximately $373M (range $17M–$2.0B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 10.7 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 90% of Fintech peers (1063 compared).
Modeled value ranks above 95% of those peers.
Closest niche peers: Mocho Trading Llc.
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.