MoCaFi

MoCaFi

Private
New York City, New YorkFinTechhttps://www.mocafi.com

Last Round

Series B

May 30, 2023

Est. Valuation

$37M

Total Funding Raised

$39.25M

Company Overview

MoCaFi is a fintech company that provides a personal finance platform aimed at promoting economic equality through accessible, credit-building financial products and services.

Sector

FinTech

Verticals

Digital Payments, Digital Banking, Lending & Credit, Personal Finance

Business Model

B2G

Customer Profile

Government Contracts, Payment Processing Fee, Services & Consulting

AI Layer

Non-AI

Keywords

government disbursementfinancial infrastructureunbanked servicesunderbanked servicesneobankGovTechBlack-founded fintechbanking as a servicedigital bankingprepaid debit cardscredit buildingcash assistance disbursementBIPOC financial servicespublic-private partnershipsdigital walletrent payment reportingguaranteed basic income

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Caplight Momentum Score

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MoCaFi Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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MoCaFi Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series BMay 30, 2023
Series AMar 1, 2021
Convertible DebtMar 10, 2020
SeedFeb 5, 2020

Key People

Founding team and executive leadership

Wole Coaxum

Chief Executive Officer

Executive Team

MoCaFi Investors

Notable investors and investment history

InvestorRounds
Commerce VenturesSeries A, Series B
Newark Venture PartnersSeed
PortfoliaSeed
Truist VenturesSeries B
Wells FargoSeries B
1Flourish CapitalSeries A
BNY MellonSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Oct 16, 2025

    Partnered with Citi for a back-to-school resource fair in San Francisco.

MoCaFi Filings

SEC and related filings with document metadata.

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MoCaFi Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about MoCaFi's valuation, stock price, and market status.

Firmographic Details

HeadquartersNew York City, New York
Employee Range33
Year Founded2016
Last FundingMay 30, 2023

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