Surge Africa
PrivateLast Round
Accelerator
Dec 14, 2023
Total Funding Raised
$120,000
Company Overview
Surge Africa is a fintech company that provides a financial application for cross-border money transfers to businesses and individuals in Africa.
Sector
FinTech
Verticals
Digital Payments, Foreign Exchange, Corporate Banking
Business Model
B2B
Customer Profile
Payment Processing Fee
AI Layer
Non-AI
Keywords
cross-border paymentsB2B paymentssupplier paymentsAfrica fintechMSME paymentsforeign exchangeFX servicespayment appfast settlementtrade financepayment corridorsMicro, Small, and Medium EnterprisesMSMEknow your customerKYC
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Surge Africa Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Surge Africa Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Accelerator | Dec 14, 2023 |
Surge Africa Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| ARM Labs | Accelerator |
| Techstars | Accelerator |
| Ingressive Capital | Accelerator |
Surge Africa Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Surge Africa's valuation, stock price, and market status.