# the Peer

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-peer

- Industry: Financial Services
- Headquarters: Lagos, Nigeria
- Website: www.thepeer.co
- Total disclosed funding: $2.1M
- Latest round: Seed (Jun 22, 2022)
- Investors on record: 9

## About

Founded in 2021 by its CEO, Chike Ononye, and CTO, Michael Okoh, and based in Lagos, Nigeria, Peerstack Technologies Inc., doing business as the Peer, operates as an online platform for integrating digital wallets from banking, mobile, and perhaps cryptocurrency. In June 2022, Peerstack Limited raised USD 2.1 million in seed funding co-led by new investors Raba Capital, and rali_cap, with participation from other new investors BYLD Ventures, Critical Ideas, Inc., Musha Ventures, and many more.

The company offers technology infrastructure for various businesses to provide payment solutions. The company provides an application integration solution that includes a toolkit and plugins to help businesses receive payments from their customers.

The company generates revenue by charging a transaction fee of USD 0.01 per transaction for the direct charge, USD 0.01 per transaction for send, and USD 5 for the team.

## Funding rounds

- Seed, Jun 22, 2022, $2.1M — Stitch, Raba, Sunu Capital, Chipper Cash, Timon Capital, Musha Ventures, Uncovered Fund, Rally Cap, BYLD Ventures

## Investors

- Stitch — Seed
- Raba (https://capitalatlas.ai/funds/raba) — Seed
- Sunu Capital (https://capitalatlas.ai/funds/sunu-capital) — Seed
- Chipper Cash — Seed
- Timon Capital (https://capitalatlas.ai/funds/timon-capital) — Seed
- Musha Ventures (https://capitalatlas.ai/funds/musha-ventures) — Seed
- Uncovered Fund (https://capitalatlas.ai/funds/uncovered-fund) — Seed
- Rally Cap (https://capitalatlas.ai/funds/rally-cap) — Seed
- BYLD Ventures — Seed