Bankly
Latest round
- Seed
Last raised
- Mar 2021
Total raised
- $2M
Investors
- 4
About Bankly
, operating as Bankly, is a provider of an online platform that allows users to deposit and transfer money through its mobile application. The company's product is a digital saving platform with a recharge-to-save model that allows users to transfer and deposit cash to suppliers and other channels. Additionally, the company provides a payment gateway for merchants to process online and offline cash transactions. The platform also provides a bill payment function for cable tv data, electricity, and other bill payment services. Bankly also advances loans and overdrafts from a bank account based on the user's usage and provides digital financial services for the financially excluded in Nigeria. Bankly earns revenue by charging a percentage fee from all merchant-related transactions. The company earns plans to grow its customer base to two million unbanked Nigerians by growing the number of its physical “cash in” points.
Who invested in Bankly
4 investors across 1 round
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Funding rounds
Seed
Mar 24, 2021
Amount
$2M
Investors
Questions about Bankly
Who invested in Bankly?
Bankly has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Bankly raised?
Bankly has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Bankly last raise money?
Bankly's most recent round on record is a Seed, in Mar 2021.
What does Bankly do?
, operating as Bankly, is a provider of an online platform that allows users to deposit and transfer money through its mobile application.
Where is Bankly headquartered?
Bankly is headquartered in Lagos, Nigeria.
Which VCs invest in companies like Bankly?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at Bankly's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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