Companies · Fintech
SA · Africa · Fintech · founded 2021
Diligence memoA one-page analyst read on Street Wallet — recommendation, valuation, rhythm, risks.→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.
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.
As reported in public records reported — not modeled.
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.
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.
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%.
Round size and date are reported; the stage label is inferred from round size (latest is Growth/Late — a 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.
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.
Raised more than 68% of sector peers (real $). Modeled value above 68% of peers (estimate).
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.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Trade Shield | Growth/Late | $820K | $9.4M | 1.44× |
| Street Wallet this company | Growth/Late | $350K | $3.7M | 0.56× |
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Growth/Late | $350K | 2025-08-18 | $3.5M | $3.7M | 45% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
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.
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.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| My Easy Transfer | Fintech | Growth/Late | $420K | $6.6M | same sector · same stage |
| EasyBank | Fintech | Pre-Seed | $370K | $1.3M | same sector |
| Hollydesk | Fintech | Pre-Seed | $325K | $6.5M | same sector |
| Cinergy Wealth LLC | Fintech | Pre-Seed | $400K | $1.0M | same sector |
| Collective Wealth, Llc | Fintech | Pre-Seed | $400K | $2.3M | same sector |
| Verde Fintech, Inc. | Fintech | Pre-Seed | $400K | $6.3M | same sector |
| TurnStay | Fintech | Pre-Seed | $300K | $1.4M | same sector |
| Fence Street Trading LLC | Fintech | Pre-Seed | $432K | $4.6M | same sector |
See where Street Wallet sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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