Jaja

London, United Kingdom Founded: 2016 • Age: 10 yrs Acquired By KKR
Credit card issuing and processing solutions are provided.
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About Jaja

Jaja is a company based in London (United Kingdom) founded in 2016 by Per Elvebakk and Jostein Svendsen was acquired by KKR in November 2021.. Jaja has raised $60.79 million across 3 funding rounds from investors including KKR, Blystad and Pollen Street. Jaja offers products and services including Jaja Vanta Credit Card and Jaja App. Jaja operates in a competitive market with competitors including Afterpay, NewDay, Tymit, KEEBO and Mbna, among others.

  • Headquarter London, United Kingdom
  • Founders Per Elvebakk, Jostein Svendsen
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Jaja Finance Ltd
  • Date of Incorporation 28 Sep, 2015
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $60.79 M (USD)

    in 3 rounds

  • Latest Funding Round
    $48.71 M (USD), Series D

    Aug 25, 2022

  • Investors
    KKR

    & 4 more

  • Employee Count
    Employee Count
  • Acquired by
    KKR

    (Nov 04, 2021)

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Products & Services of Jaja

Jaja offers a comprehensive portfolio of products and services, including Jaja Vanta Credit Card and Jaja App. 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.

Primary

Credit card for personal use with secure online transactions.

App for managing credit card accounts and payments.

People of Jaja
Headcount 50-200
Employee Profiles 1
Employee Profiles
People
David Chan
Non Executive Director

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Teams

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Funding Insights of Jaja

Jaja has successfully raised a total of $60.79M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $48.71 million completed in August 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 Rounds 3
  • Last Round Series D — $48.7M
  • First Round

    (01 Jun 2018)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2022 Amount Series D - Jaja Valuation

investors

Jan, 2019 Amount Series A - Jaja Valuation

investors

Jun, 2018 Amount Seed - Jaja Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Jaja

Jaja has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include KKR, Blystad and Pollen Street. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital and private debt firm backed by single family office
Founded Year Domain Location
Private equity firm focused on multiple sectors
Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Jaja

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Jaja

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jaja Comparisons

Employees
+
Add Comparison
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Competitors of Jaja

Jaja 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 Afterpay, NewDay, Tymit, KEEBO and Mbna, 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
A buy now pay later service is offered by Afterpay.
domain founded_year HQ Location
Consumer credit financial services
domain founded_year HQ Location
Provider of credit cards for point-of-sale financing
domain founded_year HQ Location
Personal credit lines are offered via an online platform.
domain founded_year HQ Location
Co-branded credit card provider
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Jaja

Frequently Asked Questions about Jaja

When was Jaja founded?

Jaja was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Jaja located?

Jaja is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is Jaja a funded company?

Jaja is a funded company, having raised a total of $60.79M across 3 funding rounds to date. The company's 1st funding round was a Seed of $5.66M, raised on Jun 01, 2018.

What does Jaja do?

Jaja was established in 2016 in London, United Kingdom, within the fintech sector. Credit card issuing and processing solutions are delivered, featuring a chat-based interface for user approval through scanning of driving licenses or passports. Real-time transaction monitoring, intelligent notifications, intuitive tagging, and SmartSearch for card activity are included. Services encompass onboarding and issuing, real-time control, credit sharing, account management, repayment options, along with in-app security and fraud protection measures.

Who are the top competitors of Jaja?

Jaja's top competitors include Afterpay, NewDay and Mbna.

What products or services does Jaja offer?

Jaja offers Jaja Vanta Credit Card and Jaja App.

Who are Jaja's investors?

Jaja has 5 investors. Key investors include KKR, Blystad, Pollen Street, Celeres Investments, and TDR Capital.

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