# PawaPay

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pawapay

- Industry: Financial Services
- Headquarters: Milton Keynes, UK
- Website: www.pawapay.co.uk
- Total disclosed funding: $9M
- Latest round: Seed (Aug 26, 2021)
- Investors on record: 5

## About

Founded in 2020 and based in Milton Keynes, UK, PawaPay operates as a financial service company that focuses on Africa. In August 2021, the company raised USD 9 million in seed funding co-led by MSA Capital and 88mph.ac.

PawaPay is a UK software company with more than a decade of experience building mobile money solutions for African markets. The company is also a payment processor that accepts mobile account payments and is accessible via one payment API. PawaPay offers its mobile money API that allows users to send and receive mobile money in several African countries.

The company plans to use its funding from August 2021 to scale its operational presence, find more talent to join the team, and expand into new markets on the continent.

## Funding rounds

- Seed, Aug 26, 2021, $9M — MSA Capital, 88mph, Kepple Africa Ventures, Vunani Capital, Zagadat Capital

## Investors

- MSA Capital (https://capitalatlas.ai/funds/msa-capital) — Seed
- 88mph — Seed
- Kepple Africa Ventures (https://capitalatlas.ai/funds/kepple-africa-ventures) — Seed
- Vunani Capital — Seed
- Zagadat Capital — Seed