Migo Technology Services Overview
- Year Founded
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2014
- Status
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Acquired/Merged
- Employees
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86
- Latest Deal Type
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M&A
Migo Technology Services General Information
Description
Developer of a credit scoring and loan application platform designed to offer access to formal credit. The company's platform uses algorithms to analyze multiple data sources and predict default risk, as well as offers loans to its customers through a co-branded cloud-based product, enabling both bankers and retail consumers to receive loan approvals.
Contact Information
Website
www.migo.ng(Operating Subsidiary)
Corporate Office
- 3739 Balboa Street Number 1101
- San Francisco, CA 94121
- United States
Corporate Office
- 3739 Balboa Street Number 1101
- San Francisco, CA 94121
- United States
Migo Technology Services Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 12. Merger/Acquisition | 01-Jun-2025 | Completed | Generating Revenue | |||
| 11. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 10. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 9. Later Stage VC (Series B) | 09-Dec-2022 | Completed | Generating Revenue | |||
| 8. Debt - General | 31-Dec-2021 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series B) | 01-Mar-2020 | Completed | Generating Revenue | |||
| 6. Debt - General | 31-Dec-2019 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series 1) | 10-Aug-2018 | Completed | Generating Revenue | |||
| 4. Mezzanine | 16-Oct-2017 | $497K | $4.51M | Completed | Generating Revenue | |
| 3. Debt - General | 01-Apr-2017 | $1M | $4.01M | Completed | Generating Revenue |
Migo Technology Services Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A | ||||||||
| Series 2 | 1,123,320 | $0.000100 | $0.07 | $0.83 | $0.83 | 1x | $0.83 | 2.48% |
| Series 1 | 1,853,614 | $0.000100 | $0.04 | $0.52 | $0.52 | 1x | $0.52 | 4.09% |
Migo Technology Services Comparisons
Industry
Financing
Details
Migo Technology Services Competitors (60)
One of Migo Technology Services’s 60 competitors is PaymentCloud, a Corporate Backed or Acquired company based in Encino, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| PaymentCloud | Corporate Backed or Acquired | Encino, CA | ||||
| Helcim | Venture Capital-Backed | Calgary, Canada | ||||
| Fundera | Formerly VC-backed | New York, NY | ||||
| Dwolla | Private Equity-Backed | Des Moines, IA | ||||
| LendPro | Formerly VC-backed | Charlottesville, VA |
Migo Technology Services Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Migo Technology Services Patents
Migo Technology Services Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20130132598-A1 | Method and system for managing and delivering data | Inactive | 14-May-2010 |
Migo Technology Services Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Migo Technology Services Former Investors (28)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Acuity Ventures Partners | Venture Capital | Minority | ||
| Africinvest | PE/Buyout | Minority | ||
| Angel (individual) | Minority | |||
| Atlantica Ventures | Venture Capital | Minority | ||
| Cathay Capital | PE/Buyout | Minority |
Migo Technology Services FAQs
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When was Migo Technology Services founded?
Migo Technology Services was founded in 2014.
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Where is Migo Technology Services headquartered?
Migo Technology Services is headquartered in San Francisco, CA.
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What is the size of Migo Technology Services?
Migo Technology Services has 86 total employees.
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What industry is Migo Technology Services in?
Migo Technology Services’s primary industry is Financial Software.
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Is Migo Technology Services a private or public company?
Migo Technology Services is a Private company.
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What is Migo Technology Services’s current revenue?
The current revenue for Migo Technology Services is .
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How much funding has Migo Technology Services raised over time?
Migo Technology Services has raised $96.5M.
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Who are Migo Technology Services’s investors?
Acuity Ventures Partners, Africinvest, , Atlantica Ventures, and Cathay Capital are 5 of 28 investors who have invested in Migo Technology Services.
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Who are Migo Technology Services’s competitors?
PaymentCloud, Helcim, Fundera, Dwolla, and LendPro are some of the 60 competitors of Migo Technology Services.
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When was Migo Technology Services acquired?
Migo Technology Services was acquired on 01-Jun-2025.
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Who acquired Migo Technology Services?
Migo Technology Services was acquired by First Ally Capital.
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