Diligence memo · auto-generated · as of July 2, 2026
Street Wallet
Street Wallet has raised $350K over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Street Wallet operates in Fintech, 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.
Sub-sector tags: fintech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Street Wallet has raised $350K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $350K on 2025-08-18.
Most recent recorded round closed around 2025-08-18.
Valuation (modeled)modeled
Provath models Street Wallet at approximately $3.7M (range $2.6M–$4.3M). 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 mo ago; this sector typically re-raises about every 12 months.
Raising on or ahead of the sector's normal rhythm.
Comparablesmixed
Capital scale ranks ahead of 68% of Fintech peers (1063 compared).
Modeled value ranks above 68% of those peers.
Closest niche peers: Trade Shield.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.