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Stax by Hover logo — Stax is an android app that helps Africans send money offlin...

Stax by Hover

Stax is an android app that helps Africans send money offline, request money, and buy airtime with ease.

Founded 2017 1 employees Venture round Total: $2.70M Payments

General Information

Company Name Stax by Hover
Founded Year 2017
Employees 1
Industries Payments
Funding Stage Venture round
Social

BounceWatch is an independent company data service, not affiliated with Stax by Hover. To contact Stax by Hover, visit stax.me.

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About Stax by Hover

Stax by Hover is an Android app on a mission to simplify financial transactions in Africa. With a focus on enabling offline money transfers, facilitating money requests, and providing easy access to airtime purchases, the startup is revolutionizing the way Africans handle their finances. Founded in 2017, Stax operates within the Payments sector, aiming to address the unique needs of the African market. The startup recently secured a significant $500.00K in a Venture Round investment, underscoring its potential and garnering support from key industry players. This investment, which took place on 16 September 2022, was led by the Stellar Development Foundation, signaling a strong vote of confidence in Stax's vision and capabilities. With this crucial backing, Stax by Hover is well-positioned to expand its reach, enhance its product offerings, and solidify its presence in the fast-evolving African financial landscape.

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $500.00K 1
Stellar Development Foundation
Stellar Development Foundation
16 Sep 2022
Seed Round $2.20M 6
Garuda Ventures 500 Startups NOEMIS Ventures
Garuda Ventures, 500 Startups +4
03 Mar 2022
Venture Round Undisclosed 1
Manhattan West
Manhattan West
01 Jan 2022
Seed Round Undisclosed 1
Launch Africa
Launch Africa
01 Nov 2021

Stax by Hover Alternatives & Competitors

View All Alternatives
Stax by Hover vs
WayaMoney
WayaMoney Ghana

The app you need to make payments, send data, and airtime across African countries.

Seed
10 employees
Financial Services, Payments
Stax by Hover vs
Korona Europe
Korona Europe Cyprus

Get the Korona app and send money instantly.

128 employees
Finance, Financial Services
Stax by Hover vs
Mondu.io
Mondu.io United States

Mondu is designed to help you send money across the world with ease!

3 employees
Finance, Financial Services
View all alternatives

FAQ About Stax by Hover

Stax is an android app that helps Africans send money offline, request money, and buy airtime with ease.
Stax by Hover was founded in 2017.
Stax by Hover operates in Payments.
Stax by Hover has approximately 1 employees.
Stax by Hover has completed 4 funding rounds, raising a total of $2.70M. The latest funding stage is Venture round.
Top alternatives and competitors to Stax by Hover include WayaMoney, Korona Europe, Mondu.io, Cache, Maico . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Stax by Hover and WayaMoney 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 Stax by Hover, https://bouncewatch.com/company/stax-by-hover, updated 9 November 2024. When citing, please name BounceWatch and link this page.

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