Skip to content
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
Business Model B2B, B2C, Platform
Revenue Model Transaction Fee, Service Fee, Usage Based
Social

BounceWatch is an independent company data service, not affiliated with Paga Group Ltd. To contact Paga Group Ltd, visit paga.com.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

How does Paga Group Ltd compare?

A PDF of Paga Group Ltd and up to 10 competitors you pick: team, funding, traffic and every dated move of the last 90 days. Each company is re-checked on the day you order, so it is current.

See a sample report

This takes a few seconds: we look beyond our own index too.

Meeting Paga Group Ltd soon?

A one-page PDF brief: what it does, key facts, the last 90 days of dated moves and questions worth asking. Re-checked on the day you order. See a sample

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.

Business keywords: 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 $10.00M 1
Untapped Global
31 Mar 2024
Series B $10.00M 5
Goodwell Investments, Omidyar Network +3
06 Sep 2018
Series B $15.00M 6
Acumen, Goodwell Investments +4
06 Oct 2015
Series A $9.00M 5
Acumen, Goodwell Investments +3
21 Jun 2012
Grant $2.00M 1
EFInA
09 Mar 2012
Angel Round $700.00K 1
Tim Draper
30 Sep 2010

Paga Group Ltd Alternatives & Competitors

View All Alternatives
Paga Group Ltd vs
NowNow
NowNow Nigeria

Building the world's best technology that digitizes cash payments and provides Financial empowerment...

Seed
251 employees
Financial Services, Fintech
Paga Group Ltd vs

ComPay API, Tüm İhtiyaçlarınızda Yanınızda!

Corporate Round
15 employees
Financial Services, Fintech
Paga Group Ltd vs

Our powerful APIs and payments platform offer the easiest way to create sophisticated card-based and...

Acquired
457 employees
Defi, Finance

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 Financial Services, Fintech, Internet, Mobile and Payments. Its work centres on Payments Ecosystem, Mobile Payments, Money Transfer and Digital Transactions. Its customers include African SMEs, Individual Consumers and African Diaspora.
Paga Group Ltd has a B2B, B2C and Platform business model. Its revenue comes from Transaction Fee, Service Fee and Usage Based.
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 NowNow , ComPay Ödeme Çözümleri, Galileo Financial Technologies, Satispay, Solaris SE. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Paga Group Ltd and NowNow 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.

Source: BounceWatch company record for Paga Group Ltd, https://bouncewatch.com/company/paga-group-ltd, updated 9 May 2026. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Talk to an analyst Book a 7-day Readout