Companies · Fintech

Zoona

Africa · Fintech

Diligence memoA one-page analyst read on Zoona — recommendation, valuation, rhythm, risks.
$15.0M
Total raised · real
1
Rounds
Latest step-up
Top 10%
Sector rank · raised
Series A
Latest stage · inferred · Thu Aug 18 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Zoona looks over-valued against its niche peers and is dormant on financing cadence.

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.

Over-valued
  • Modeled value is 2.50× the median modeled value of Series A Fintech companies in 2016–2018 (13 peers) — value vs value, same stage and era.
Dormant
  • Last raise 9.9 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.
Leadership

No named principal in this company's public records yet — see all operators below.

3 Investors
Where it sits in Fintech

Zoona is one of 1063 Fintech companies tracked from Africa. By capital raised it ranks among the largest (ahead of 91% of sector peers), and among the largest by modeled valuation est..

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

SA fintech startup Zoona raises $15m from IFC, 4Di 0 By Tom Jackson on August 18, 2016 News , Southern Africa South African fintech company Zoona has raised US$15 million in a second round of financing led by the International Finance Corporation (IFC), which will help Zoona scale its operations to reach 10 markets and 30 million active consumers across Africa by 2020. The IFC, a branch of the World Bank, is joined by first round investors Accion, Omidyar Network and the Lundin Foundation in this new round for Zoona , which also includes investment from South African VC firm 4Di Capital.

SA fintech startup Zoona raises $15m from IFC, 4Di 0 By Tom Jackson on August 18, 2016 News , Southern Africa South African fintech company Zoona has raised US$15 million in a second round of financing led by the International Finance Corporation (IFC), which will help Zoona scale its operations to reach 10 markets and 30 million active consumers across Africa by 2020. The IFC, a branch of the World Bank, is joined by first round investors Accion, Omidyar Network and the Lundin Foundation in this new round for Zoona , which also includes investment from South African VC firm 4Di Capital.

fintech

As reported in public records reported — not modeled.

ZA
Jurisdiction
3
Investors (latest)
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$125M$250M$375M$500MSeries A · 2016-08-18 Raised $15M (real) Modeled valuation $430M (est)$15M$430MSeries A2016

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
Series A$15.0M · 2016

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$430.1M
Base estimate est.
$19.6M
Conservative case
$2.3B
Upside case
$68.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). 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
22%
Dilution assumption
Implied ownership sold in the financing.
53%
Survival probability
29% low · 72% high
1.51×/yr
Annual markup
1.90×/yr upside case
6.0 yr
Elapsed time used
9.9 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
9.9 yr
On record since
2016
First round
1
Rounds on file
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) 3.5× above median
This company$15.0M
Sector median$4.3M
Latest round — vs other Series A rounds in sector (real $, this stage) 2.5× above median
This company$15.0M
Sector median$6.1M
Modeled value — vs sector median (estimate, all stages) 9.6× above median
This company$430.1M
Sector median$45.0M

Raised more than 91% of sector peers (real $). Modeled value above 96% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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. This company ranks #1 of 13.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Mines · Series A Raised $13.0M · modeled $372.8M (est)First Boston Bridge Lending Pool II, LLC · Series A Raised $12.0M · modeled $344.1M (est)Paystack, Inc. · Series A Raised $10.2M · modeled $292.6M (est)Mutual Trading Co., Inc. · Series A Raised $22.2M · modeled $234.1M (est)Flex Co · Series A Raised $6.3M · modeled $180.5M (est)SG Credit Partners, Inc. · Series A Raised $6.0M · modeled $172.1M (est)Cloud Lending, Inc. · Series A Raised $6.5M · modeled $172.1M (est)Bankruptcy Management Solutions, Inc. · Series A Raised $5.8M · modeled $136.6M (est)Amino Payments, Inc. · Series A Raised $6.3M · modeled $129.0M (est)Service Trading Company, Inc. · Series A Raised $10.2M · modeled $103.5M (est)Runa, LLC · Series A Raised $12.1M · modeled $51.9M (est)Zoona (this company) Raised $15.0M · modeled $430.1M (est)Zoona
CompanyStageRaised · realValue · estvs peer med.
Zoona this companySeries A$15.0M$430.1M2.50×
MinesSeries A$13.0M$372.8M2.17×
First Boston Bridge Lending Pool II, LLCSeries A$12.0M$344.1M2.00×
Paystack, Inc.Series A$10.2M$292.6M1.70×
Mutual Trading Co., Inc.Series A$22.2M$234.1M1.36×
Flex CoSeries A$6.3M$180.5M1.05×
SG Credit Partners, Inc.Series A$6.0M$172.1M1.00×
Cloud Lending, Inc.Series A$6.5M$172.1M1.00×
Bankruptcy Management Solutions, Inc.Series A$5.8M$136.6M0.79×
Amino Payments, Inc.Series A$6.3M$129.0M0.75×
Service Trading Company, Inc.Series A$10.2M$103.5M0.60×
Runa, LLCSeries A$12.1M$51.9M0.30×
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.
Series A$15.0M2016-08-18$68.2M$430.1M45%
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. Series A$15.0M2016-08-18
    • First recorded raise — entered as Series A.
    • 3 investors on this round.
Intelligence
Modeled next raise
$24.0M
Modeled next size est.range $15.6M$38.4M
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

Zoona 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
Hash Payments Holding, Ltd.FintechSeries A$15.0M$128.6Msame sector · same stage
Honeycomb Credit Inc.FintechSeries A$14.8M$3.1Msame sector · same stage
Bite Ninja, Inc.FintechSeries A$15.4M$164.7Msame sector · same stage
Humi Holdings Corp.FintechSeries A$14.6M$71.4Msame sector · same stage
Trading.TV, Inc.FintechSeries A$15.5M$6.1Msame sector · same stage
Mocho Trading LlcFintechSeries A$14.4M$414.4Msame sector · same stage
LFG Payments, Inc.FintechSeries A$14.3M$57.2Msame sector · same stage
DSC Trading, LLCFintechSeries A$14.2M$126.9Msame sector · same stage
Investors

Public records name issuer insiders, not the funds in a round — these investor links come from corroborating sources.

FirmRoundConfidence
Fintech Investment GroupSeries A55%
International Finance CorporationSeries A55%
Quona CapitalSeries A55%
Frequently asked
How much funding has Zoona raised?
Zoona has raised approximately $15.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Zoona's estimated valuation?
Provath's modeled valuation for Zoona is approximately $430.1M (modeled range $19.6M–$2.3B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Zoona at?
Zoona's latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Aug 18.
What does Zoona do and where is it based?
Zoona operates in the Fintech sector, based in Africa. SA fintech startup Zoona raises $15m from IFC, 4Di 0 By Tom Jackson on August 18, 2016 News , Southern Africa South African fintech company Zoona has raised US$15 million in a second round of financing led by the International Finance Corporation (IFC), which will help Zoona scale its operations to reach 10 markets and 30 million active consumers across Africa by 2020. The IFC, a branch of the World Bank, is joined by first round investors Accion, Omidyar Network and the Lundin Foundation in this new round for Zoona , which also includes investment from South African VC firm 4Di Capital.
Explore related

See where Zoona sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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