PaySika logo — 1 Instant VISA card for payments, 1 account to manage your m...

PaySika

1 Instant VISA card for payments, 1 account to manage your money in Central Africa and beyond in 2 minutes.

Founded 2020 France France 36 employees Pre Seed Total: $300.00K Financial Services, Fintech +2

General Information

Company Name PaySika
Founded Year 2020
Location France France +3
Founders / Decision Makers
Roger Nengwe Ntafam  — Founder & CEO
Employees 36
Industries Financial Services, Fintech, Payments +1
Funding Stage Pre Seed
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About PaySika

PaySika is a pioneering neo-bank in Africa, providing banking services through popular messengers like WhatsApp, Messenger, and Telegram, in addition to its mobile/web app. Recognizing the poor banking experience and high transaction fees prevalent in French-speaking African countries, PaySika aims to address the challenge by offering affordable, smooth, and transparent banking experiences, with a keen focus on simplifying and facilitating online payments. Established in 2020, the startup's mission aligns with the reality that less than 20% of the population in these countries own a bank account, relying primarily on mobile money for local money transfers. Attracting the attention of investors, PaySika received a Pre Seed Round investment on 10 April 2023 from Techmind and Kalys Ventures. The business operates at the intersection of financial services, fintech, payments, and banking, following its headquarters in France. With an initial focus in Central Africa, it aims to expand its reach across the continent and beyond, as suggested by the claim, "1 Instant VISA card for payments, 1 account to manage your money in Central Africa and beyond in 2 minutes." Notably, the venture underscores key technology trends, including #fintech, #payments, #Africa, #AI, #QRPayment, #virtual_card, #visa, and #mastercad, hinting at the potential for disruption and growth in the evolving financial landscape.

Taxonomy: payments, Africa, virtual_card, visa, mastercard, mobile payment, online payment, financial inclusion, QR payment, card payment, neobank, WhatsApp banking, Messenger banking

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round Unknown 2 Kalys Ventures 10 Apr 2023
Pre Seed Round €300.00K 8 Damien Guermonprez, Charles-Edouard Bouee +6 15 Oct 2021

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FAQ About PaySika

1 Instant VISA card for payments, 1 account to manage your money in Central Africa and beyond in 2 minutes.
PaySika was founded in 2020.
PaySika is headquartered in France.
PaySika operates in the following industries: Financial Services, Fintech, Payments, Banking.
PaySika has approximately 36 employees.
PaySika has completed 2 funding rounds, raising a total of $300.00K. The latest funding stage is Pre Seed.
Top alternatives and competitors to PaySika include PAL, Pipit Global, Chillr, Estel Technologies, iPay Kenya. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PaySika and PAL 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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