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Paga Group Ltd logo — Paga Group is a payments and financial services ecosystem fo...

Paga Group Ltd

Paga Group is a payments and financial services ecosystem for Africa.

Founded 2009 448 employees Series B Total: $43.40M Fintech, Payments

General Information

Company Name Paga Group Ltd
Founded Year 2009
Employees 448
Industries Fintech, Payments
Funding Stage Series B
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Event Participation Oct 30, 2026

Paga Group Ltd participated in the #moonshot by TechCabal 2026 event to discuss Africa's digital future.

Growth Metrics Oct 16, 2026

In 2025, Paga processed 169 million transactions worth over $11 billion.

Major Customer Win Oct 13, 2026

PayPal, Meta, and Amazon build on Paga Group Ltd's infrastructure in Nigeria.

AI Insight

Bounce Watch AI
6 days ago

Paga Group has achieved significant market validation and operational scale, evidenced by processing over $11 billion across 169 million transactions in 2025. This strong growth is further underscored by securing major global partners like PayPal, Meta, and Amazon, who are leveraging Paga's infrastructure in Nigeria. This positions Paga as a critical foundational layer for digital finance in Africa, moving beyond just payments to become a core platform provider.

Signal Types
Traction Business Development Partnership
Strategic Labels
Platform Validation Market Leadership Scaling Operations
Next Move: Expansion
·
Impact: 9/10
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Ideal For: Fintech Infrastructure VCs — Growth Stage

About Paga Group Ltd

Send, Pay, and Bank with Paga. Paga Group is a payments and financial services ecosystem for Africa. We focus on helping consumers and sellers pay, get paid, and access financial services. We also offer our platform as a service to third-party partners.

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $10.00M 1
Untapped Global
01 Mar 2024
Series C Undisclosed 1
Rockpool Capital
01 Nov 2020
Series B $10.00M 1
Global Innovation Fund
01 Sep 2018
Series B $13.00M 6
Acumen, Goodwell Investments +4
01 Oct 2015
Series A $9.00M 5
Acumen, Goodwell Investments +3
01 Jun 2012
Angel $700.00K 1
Tim Draper
01 Jan 2012
Angel $700.00K -
01 Sep 2010

FAQ About Paga Group Ltd

Paga Group is a payments and financial services ecosystem for Africa.
Paga Group Ltd was founded in 2009.
Paga Group Ltd operates in Fintech and Payments.
Paga Group Ltd has approximately 448 employees.
Paga Group Ltd has completed 7 funding rounds, raising a total of $43.40M. The latest funding stage is Series B.

We're actively collecting intelligence on Paga Group Ltd.

Source: BounceWatch company record for Paga Group Ltd, https://bouncewatch.com/company/paga, updated 31 October 2026. When citing, please name BounceWatch and link this page.

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