Diligence memo · auto-generated · as of July 2, 2026
Scale
Scale looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Scale operates in Fintech, based in Africa. SA fintech startup Scale raises $700k pre-seed funding round 0 By Tom Jackson on October 9, 2024 News , Southern Africa South African fintech startup Scale, an issuer orchestration platform and payments enabler, has raised a US$700,000 pre-seed funding round to accelerate its expansion into Kenya, Ivory Coast and Zambia. Founded last year by Miranda Perumal, Scale specialises in card-issuing enablement that help fintechs achieve their go-to-market and speed-to-revenue strategies, leveraging their expertise and innovative tech stack to accelerate onboarding and product launches.
Sub-sector tags: fintech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Scale has raised $700K 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: $700K on 2024-10-09.
Most recent recorded round closed around 2024-10-09.
Valuation (modeled)modeled
Provath models Scale at approximately $2.9M (range $448K–$9.0M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.46× 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 21 mo ago; this sector typically re-raises about every 12 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 71% 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
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.