straitPay Overview
- Year Founded
-
2021
- Status
-
Private
- Employees
-
5
- Latest Deal Type
-
Seed
- Latest Deal Amount
-
$1M
- Investors
-
3
straitPay General Information
Description
Operator of a cross-border remittance platform intended to facilitate instant money transfers from North America and the United Kingdom to recipients across Africa. The company's platform offers direct transfers to bank accounts and mobile money wallets, blockchain-based settlement, regulated money transfer infrastructure, and integration with a digital wallet application, enabling diaspora communities to send funds to recipients across Africa quickly and at lower cost.
Contact Information
Website
www.straitpay.comCorporate Office
- 128 City Road
- Kemp House
- London EC1V 2NX
- England, United Kingdom
Corporate Office
- 128 City Road
- Kemp House
- London EC1V 2NX
- England, United Kingdom
straitPay Timeline
straitPay Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Seed Round | 28-May-2025 | $1M | Completed | Product In Beta Test | ||
| 2. Accelerator/Incubator | 01-Jan-2024 | Completed | Product In Beta Test | |||
| 1. Seed Round | 01-May-2023 | $250K | $250K | Completed | Product In Beta Test |
straitPay Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
straitPay Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
straitPay Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
straitPay Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| FoundHer Labs | Accelerator/Incubator | Minority | ||
| Foundervine | Accelerator/Incubator | |||
| SP01 | Venture Capital | Minority |
straitPay FAQs
-
When was straitPay founded?
straitPay was founded in 2021.
-
Where is straitPay headquartered?
straitPay is headquartered in London, United Kingdom.
-
What is the size of straitPay?
straitPay has 5 total employees.
-
What industry is straitPay in?
straitPay’s primary industry is Other Financial Services.
-
Is straitPay a private or public company?
straitPay is a Private company.
-
What is the current valuation of straitPay?
The current valuation of straitPay is .
-
What is straitPay’s current revenue?
The current revenue for straitPay is .
-
How much funding has straitPay raised over time?
straitPay has raised $1.25M.
-
Who are straitPay’s investors?
FoundHer Labs, Foundervine, and SP01 have invested in straitPay.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
