Stax Overview
- Status
- Private
- Latest Deal Type
- Series A
- (Upcoming)
- Investors
- 8
Stax General Information
Description
Developer of payment application software designed to support transfer funds between accounts via automated USSD codes for online businesses and users. The company's unstructured supplementary service data (USSD) interface provides consumers to manage all their bank and mobile money accounts in one place, allowing users to send and request money offline without mobile data and offers SMS invoicing and payments for e-commerce.
Contact Information
Website
www.stax.me
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Primary Office
- Kenya
Stax Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Early Stage VC (Series A) | Upcoming | Generating Revenue | ||||
| 2. Seed Round | 03-Mar-2022 | 00.00 | 00.00 | Completed | Generating Revenue | |
| 1. Early Stage VC | Completed | Generating Revenue |
Stax Executive Team (3)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Ben Lyon | Co-Founder & Chief Executive Officer | ||
| David Kutalek | Co-Founder & Chief Technology Officer | ||
| Jessica Shorland | Co- Founder & Head, Product |
Stax Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| 500 Global | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Anthemis Group | Venture Capital | Minority | 000 0000 | 000000 0 | |
| GAN Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
| Garuda | Angel Group | Minority | 000 0000 | 000000 0 | |
| Noemis Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |