Migo Money, Inc. Asset Profile

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Year established

2014

Location

San Francisco CA US

Primary Industry

Financial Services

About

Founded in 2014 and based in California, US, Migo Money, Inc. which also operates in Nigeria and Brazil, provides a lending platform for credit issuers such as banks, telcos, merchants, and fintech companies. The firm was founded by the CEO Ekechi Nwokah and Kunle Olukotun and has raised a total funding of USD 36.8 million in 2019. Migo Money, Inc. is a provider of a financial analytics platform that allows banks, mobile operators, retailers, and payment processors to get non-collateralized loans. The firm's platform features Migo Cash that enables credit issuers to disburse credit loans to consumers in cash, Migo proxPay, and Migo ePay, a credit-based payment solution using social media or in-person payment, Migo cardPay, and Migo overPay for virtual and physical credit cards that allow consumers to fund payment transactions and extend loans. Migo generates revenue through interest and fees on its products.

Current Investors

TPG, Western Technology Investment, X/Seed Capital

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Primary Industry

Financial Services

Sub Industries

e-Financial, Consumer Finance, Application Integration Software, Analytics & Performance Software, Accounting/Finance Software

Website

www.migo.money

Verticals

Artificial Intelligence, Big Data, Cloud Computing, FinTech, Mobile Apps

Company Stage

Series B

Total Amount Raised

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