PayAngel
Global Payments, Local Simplicity
Global Payments, Local Simplicity
PayAngel is a multi-award winning high integrity payment service that facilitates global transfers and payments for Africans worldwide, aiming to eliminate the risks of fund diversion or misapplication. The company, founded in 2013 and headquartered in the United Kingdom, operates as a global fintech platform, empowering immigrants to shape the economic fortunes of their families and home regions. Additionally, it enables local businesses to gain access to new cross-border markets. PayAngel, under the trading name PAYANGEL, is a part of the PAYINC group of companies registered in the UK, US, IR, CA, AU, and GH. The company's slogan, "Global Payments, Local Simplicity," encapsulates its core mission. PayAngel recently secured a $120.00K Convertible Note investment on 15 October 2023, with the well-known venture capital firm Techstars as the investor. The company operates within the Financial Services, Fintech, and Payments industries. PayAngel's innovative approach to cross-border payments and its commitment to financial integrity positions it as a promising player in the global fintech landscape.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Convertible Note | $120.00K | 1 |
|
15 Oct 2023 |
| Grant | $140.00K | 1 |
|
06 Oct 2022 |
| Non Equity Assistance | $175.00K | - | 01 Mar 2022 | |
| Grant | $225.00K | 1 | State Secretariat for Economic Affairs (SECO) of Switzerland | 26 Aug 2018 |
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