Diligence memo · auto-generated · as of July 2, 2026
Sticitt
Sticitt looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Sticitt operates in Fintech, based in Africa. SA cashless payments startup Sticitt raises $249k funding 0 By Tom Jackson on June 4, 2020 News , Southern Africa South African cashless payments startup Sticitt has raised ZAR4.25 million (US$249,000) in funding so far this year to cover operational expenses to support its current market rollouts. Founded at the beginning of 2018 by Mitch Dart, Dennis Wevell and Theo Kitshoff, Sticitt was launched to establish a simplified banking alternative.
Sub-sector tags: fintech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Sticitt has raised $249K 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: $249K on 2020-06-04.
Most recent recorded round closed around 2020-06-04.
Valuation (modeled)modeled
Provath models Sticitt at approximately $11M (range $159K–$124M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.50× the median modeled value of Pre-Seed Fintech companies in 2019–2021 (29 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 6.1 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 67% of Fintech peers (1063 compared).
Modeled value ranks above 73% of those peers.
Closest niche peers: Telda, Prospa, Kuda, Wapi Pay, Okra.
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.