About Boya
Boya is a company based in Nairobi (Kenya) founded in 2021 by Alphas Sinja. It operates as a FinTech, and SaaS (Software-as-a-Service). Boya has raised $500 thousand across 1 funding round from investors including Y Combinator. Boya offers products and services including Corporate Cards, Expense Management, Bill Payments, Business Accounts, and Boya API. Boya operates in a competitive market with competitors including Sodexo and Pesapoint, among others.
- Headquarter Nairobi, Kenya
- Founders Alphas Sinja
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Sectors
TechnologyTravel & Hospitality Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Boya Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Seed
Feb 28, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of Boya
Boya offers a comprehensive portfolio of products and services, including Corporate Cards, Expense Management, Bill Payments, Business Accounts, and Boya API. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Virtual and physical cards for business spending control.
Streamlined expense tracking and real-time approval system.
Automated accounts payable for efficient invoice processing.
Integrated bank accounts for seamless business workflows.
API for connecting Boya to business tools.
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Leadership Team
3 people
Software Development Team
2 people
Finance and Accounting
1 people
Account Team
1 people
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Funding Insights of Boya
Boya has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $500,000
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First Round
First Round
(28 Feb 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2022 | Amount | Seed - Boya | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Boya
Boya has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Boya
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Boya
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Boya Comparisons
Competitors of Boya
Boya operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sodexo and Pesapoint, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Employee benefits payment cards are provided via an online platform.
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| domain | founded_year | HQ Location |
ATM, PoS hardware, and corporate prepaid card services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Boya
Frequently Asked Questions about Boya
When was Boya founded?
Boya was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Boya located?
Boya is headquartered in Nairobi, Kenya.
Who is the current CEO of Boya?
Alphas Sinja is the current CEO of Boya. They have also founded this company.
Is Boya a funded company?
Boya is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Feb 28, 2022.
What does Boya do?
Boya is established as a financial technology company specializing in business spend management. Solutions are provided for corporate cards, expense tracking, bill payments, and business accounts. Integration with tools is enabled through the Boya API. Services are designed to offer control and visibility to finance teams across various industries. Operations are supported in multiple regions with banking services facilitated by regulated partners.
What products or services does Boya offer?
Boya offers Corporate Cards, Expense Management, Bill Payments, Business Accounts, and Boya API.
Who are Boya's investors?
Boya has 1 investor. Key investors include Y Combinator.