About Fundall
Fundall is a company based in Lagos (Nigeria) founded in 2019 by Kolapo Joseph was acquired by Emergingafricagroup in October 2021.. Fundall has raised $150 thousand across 1 funding round from investors including Black Knight and Emerging Africa Group. Fundall operates in a competitive market with competitors including Aladdin, Sterling Alternative Finance, Raven Bank, Jufopay and Snug Bank, among others.
- Headquarter Lagos, Nigeria
- Founders Kolapo Joseph
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Sectors
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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$150 K (USD)
in 1 rounds
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Latest Funding Round
$150 K (USD), Seed
Oct 19, 2020
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Investors
Black Knight
& 1 more
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Employee Count
Employee Count
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Acquired by
Emergingafricagroup
(Oct 25, 2021)
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Funding Insights of Fundall
Fundall has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in October 2020. 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 — $150,000
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First Round
First Round
(19 Oct 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Seed - Fundall | Valuation | Black Knight |
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| 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 |
Investors in Fundall
Fundall has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Black Knight and Emerging Africa Group. 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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Provider of an AI-based cloud platform offering loan life cycle management solutions to lenders
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Founded Year | Domain | Location | |
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Emerging Africa Group is focused on financing and investment solutions for Africa's economies.
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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 Fundall
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Fundall
| 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 |
Fundall Comparisons
Competitors of Fundall
Fundall 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 Aladdin, Sterling Alternative Finance, Raven Bank, Jufopay and Snug Bank, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet-first bank through banking partnership
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| domain | founded_year | HQ Location |
Operates as a digital bank for consumers and businesses.
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| domain | founded_year | HQ Location |
Operates as an internet-first bank offering retail and business banking through partnerships.
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| domain | founded_year | HQ Location |
Provides digital tools for payments, transfers, and financial services to individuals and businesses.
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| domain | founded_year | HQ Location |
Online-only bank providing digital personal and business accounts with instant payments.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Fundall
Frequently Asked Questions about Fundall
When was Fundall founded?
Fundall was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Fundall located?
Fundall is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Who is the current CEO of Fundall?
Obasan Taiwo is the current CEO of Fundall.
Is Fundall a funded company?
Fundall is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Oct 19, 2020.
What does Fundall do?
Fundall was established in 2019 in Lagos, Nigeria, as a digital bank operating through a partnership with Providus Bank. Services provided include deposit accounts, debit cards for personal and corporate use, loans, and personal finance management tools. An app-based platform is available on Android devices, supporting operations for both individual and business clients in the fintech sector.
Who are the top competitors of Fundall?
Fundall's top competitors include Aladdin, Sterling Alternative Finance and Raven Bank.
Who are Fundall's investors?
Fundall has 2 investors. Key investors include Black Knight, and Emerging Africa Group.