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 441 employees Series B Total: $46.70M Financial Services, Fintech +3

General Information

Company Name Paga Group Ltd
Founded Year 2009
Employees 441
Industries Financial Services, Fintech, Internet +2
Funding Stage Series B
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About Paga Group Ltd

Paga Group Ltd is a pioneering force within the African financial technology landscape, providing a comprehensive suite of payment and financial services tailored to meet the unique needs of the continent. Founded in 2009, the company has leveraged its expertise to build a robust ecosystem where consumers and sellers can efficiently pay, receive payments, and access essential financial services. This is encapsulated in their slogan, "Send, Pay, and Bank with Paga," highlighting their commitment to streamlining financial interactions in Africa.

The company's innovative platform not only serves direct customers but is also available as a service to third-party partners, enhancing its reach and scalability. Operating at the intersection of Financial Services, Fintech, Internet, Mobile, and Payments, Paga Group is strategically positioned in burgeoning markets.

Paga's potential and impact have been recognized by investors, with a notable recent investment of $10.00M Series B from Untapped Global in March 2024, indicating strong confidence in its future growth trajectory.

Taxonomy: Payments Ecosystem, Mobile Payments, Money Transfer, Digital Transactions, Platform as a Service, Third-party Integration, Bill Payments, Airtime Top-up, SME Solutions, Financial Access, Consumer Payments, Merchant Services, Banking Solutions, Payment Gateway

Services & Products

Payment Solutions
Financial Management
Digital Banking for Diaspora
SME Management Tools
Payment Infrastructure Development

Target Customers

African SMEs Individual Consumers African Diaspora Global Enterprises Developers

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 1
Investor
31 Mar 2024
Series B •••••• 5
Investor Investor Investor Investor
•••• ••••
06 Sep 2018
Series B •••••• 6
Investor Investor Investor Investor Investor
•••• ••••
06 Oct 2015
Series A •••••• 5
Investor Investor Investor Investor Investor
21 Jun 2012
Grant •••••• 1 •••• •••• 09 Mar 2012

View All 6 Funding Rounds

Paga Group Ltd Alternatives & Competitors

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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 the following industries: Financial Services, Fintech, Internet, Mobile, Payments.
Paga Group Ltd has approximately 441 employees.
Paga Group Ltd has completed 6 funding rounds, raising a total of $46.70M. The latest funding stage is Series B.
Paga Group Ltd offers: Payment Solutions, Financial Management, Digital Banking for Diaspora, SME Management Tools, Payment Infrastructure Development.
Top alternatives and competitors to Paga Group Ltd include Aplazo, Jass Pay, QvaPay, Ontop, Orbital. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Paga Group Ltd and Aplazo are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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