Companies · Fintech

Street WalletNew on the radar

SA · Africa · Fintech · founded 2021

Diligence memoA one-page analyst read on Street Wallet — recommendation, valuation, rhythm, risks.
$350K
Total raised · real
1
Rounds
Latest step-up
Top 33%
Sector rank · raised
Growth/Late
Latest stage · inferred · Mon Aug 18 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Street Wallet has raised $350K over 1 round; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the fintech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Active
  • Last raise 10 mo ago; this sector typically re-raises about every 12 months.
  • Raising on or ahead of the sector's normal rhythm.
Where it sits in Fintech

Street Wallet is one of 1063 Fintech companies tracked from SA, Africa, on record since 2021. By capital raised it ranks mid-pack (ahead of 68% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

SA’s Street Wallet raises $350k to bring cashless payments to informal economy 0 By Tom Jackson on August 18, 2025 News , Southern Africa South African fintech startup Street Wallet, which is empowering informal traders and service providers with accessible, low-cost digital payment solutions, has raised US$350,000 to help it deepen market penetration, fuel higher sales growth, and expand the company’s footprint across South Africa. Founded by Kosta Scholiadis in 2021, Street Wallet is a mobile payment solution built for informal traders and service providers in South Africa.

SA’s Street Wallet raises $350k to bring cashless payments to informal economy 0 By Tom Jackson on August 18, 2025 News , Southern Africa South African fintech startup Street Wallet, which is empowering informal traders and service providers with accessible, low-cost digital payment solutions, has raised US$350,000 to help it deepen market penetration, fuel higher sales growth, and expand the company’s footprint across South Africa. Founded by Kosta Scholiadis in 2021, Street Wallet is a mobile payment solution built for informal traders and service providers in South Africa.

fintech

As reported in public records reported — not modeled.

ZA
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$1.3M$2.5M$3.8M$5.0MGrowth/Late · 2025-08-18 Raised $350K (real) Modeled valuation $3.7M (est)$350K$3.7MGrowth/Late2025

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Growth/Late$350K · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C, Series D+ — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 14%.

Modeled valuation trajectory
$3.7M
Base estimate est.
$2.6M
Conservative case
$4.3M
Upside case
$3.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
86%
Survival probability
75% low · 93% high
1.25×/yr
Annual markup
1.37×/yr upside case
0.9 yr
Elapsed time used
0.9 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
0.9 yr
On record since
2025
First round
New
First-time filer
How it compares to the market

Benchmarked against 1063 companies in Fintech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.1× of median
This company$350K
Sector median$4.3M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 0.0× of median
This company$350K
Sector median$155.9M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$3.7M
Sector median$45.1M

Raised more than 68% of sector peers (real $). Modeled value above 68% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

Not enough valued peers in this cohort to chart positioning.

CompanyStageRaised · realValue · estvs peer med.
Trade ShieldGrowth/Late$820K$9.4M1.44×
Street Wallet this companyGrowth/Late$350K$3.7M0.56×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Growth/Late$350K2025-08-18$3.5M$3.7M45%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Growth/Late$350K2025-08-18
    • First recorded raise — entered as Growth/Late.
Intelligence
Modeled next raise
$560K
Modeled next size est.range $364K$896K
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Registry & provenance

Street Wallet is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
ZA
Jurisdiction
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
My Easy TransferFintechGrowth/Late$420K$6.6Msame sector · same stage
EasyBankFintechPre-Seed$370K$1.3Msame sector
HollydeskFintechPre-Seed$325K$6.5Msame sector
Cinergy Wealth LLCFintechPre-Seed$400K$1.0Msame sector
Collective Wealth, LlcFintechPre-Seed$400K$2.3Msame sector
Verde Fintech, Inc.FintechPre-Seed$400K$6.3Msame sector
TurnStayFintechPre-Seed$300K$1.4Msame sector
Fence Street Trading LLCFintechPre-Seed$432K$4.6Msame sector
Frequently asked
How much funding has Street Wallet raised?
Street Wallet has raised approximately $350K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Street Wallet's estimated valuation?
Provath's modeled valuation for Street Wallet is approximately $3.7M (modeled range $2.6M–$4.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Street Wallet at?
Street Wallet's latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Mon Aug 18.
What does Street Wallet do and where is it based?
Street Wallet operates in the Fintech sector, based in SA, Africa. SA’s Street Wallet raises $350k to bring cashless payments to informal economy 0 By Tom Jackson on August 18, 2025 News , Southern Africa South African fintech startup Street Wallet, which is empowering informal traders and service providers with accessible, low-cost digital payment solutions, has raised US$350,000 to help it deepen market penetration, fuel higher sales growth, and expand the company’s footprint across South Africa. Founded by Kosta Scholiadis in 2021, Street Wallet is a mobile payment solution built for informal traders and service providers in South Africa.
Explore related

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