About Kapaga
Kapaga is a Financial Services company based in London (United Kingdom) founded in 2020 by Katya Dorofejeva and Leonid Prujanski, and was acquired by Finom in November 2022. It operates as a cross-border remittances are enabled for businesses via a specialized platform. Kapaga has raised $3.11 million across 2 funding rounds from investors including Finom, Target Global and Chris Adelsbach. The company has 3 employees. Its chief executive is Katya Dorofejeva. Kapaga offers products and services including Business Account, E-Invoicing, and International Payments. Its focus areas include FinTech, Digital Remittance, Internet First Platforms and B2B Remittance. Its legal entity is PNL FINTECH BV. Its competitors include Tide, Tipalti, Payoneer, Ebury and Airwallex and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
Kapaga was founded in 2020 in London, United Kingdom, as a fintech provider focused on cross-border payments. Remittance solutions are offered to businesses, including local payments in EUR and GBP, business accounts designed for international trade, and currency exchange services with transparency. Operations support global transactions through the kapaga.com domain.
- Headquarters London, United Kingdom
- Employees 3
- Founders Katya Dorofejeva, Leonid Prujanski
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website kapaga.com
- Social LinkedIn
- Acquired by Finom (Nov 2022)
- Legal Name Pnl Fintech Bv
Products & Services of Kapaga
Kapaga offers a comprehensive portfolio of products and services, including Business Account, E-Invoicing, and International Payments.
Platform for online business account management and transactions.
Tools for creating and managing electronic invoices legally.
System for sending money in multiple currencies worldwide.
Funding Insights of Kapaga
Kapaga has successfully raised a total of $3.11M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.88 million completed in October 2021. 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 $3.11M
- Total Rounds 2
- Last Round Seed — $1.88M
- First Round $1.23M
(Nov 2020)
- Investors Count 4
All 2 funding rounds of Kapaga with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $1.88M | Seed | – | Target Global | |
| Nov 2020 | $1.23M | Seed | – | – | – |
5 investors in total: 2 institutional and 3 angel.
Investors in Kapaga
Kapaga has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Finom, Target Global and Chris Adelsbach.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm | – | targetglobal.vc | London, United Kingdom | |
CA Chris Adelsbach | UK-based angel investor, active in Indian startups, fintech focus | – | unknown_40329a8a4a1c473e8 | - |
AM Andreas Mihalovits | Global angel investor, mentor, focused on tech startups, active in India. | – | unknown_f892a98f84e54adba | - |
MR Mark Ransford | - | – | unknown_64d052289bb447759 | - |
Online business accounts, invoicing, and accounting integrations are provided. | 2019 | finom.co | Amsterdam, Netherlands |
Investor details for Kapaga
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People of Kapaga
3 people are tracked at Kapaga (3 in leadership); the tracked headcount is 3.
| Name | Role | Group |
|---|---|---|
Katya Dorofejeva | Co-Founder & CEO | Leadership |
Leonid Prujanski | Co-Founder | Leadership |
Nicolas Anthony | Co-Chief Executive Officer | Leadership |
Complete people profiles for Kapaga
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Kapaga
4 dated milestones of Kapaga across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Kapaga is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Seed, of $1.9M.
- Exit Acquired by Finom.
Competitors of Kapaga
Kapaga has 10 listed competitors in our database, 10 of them funded. They include Tide, Tipalti, Payoneer, Ebury and Airwallex, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tide.co | 2015 | London, United Kingdom | $221.42M | 1,395 | Tide is recognized as a digital banking platform for businesses. | |
| tipalti.com | 2010 | Foster, United States | $553M | 360 | Cloud-based procurement and invoice management solutions are offered to businesses. | |
| payoneer.com | 2005 | New York, United States | $269M | 2,407 | Cross-border payments are enabled for businesses via diverse payout methods. | |
| ebury.com | 2009 | London, United Kingdom | $374.12M | 1,057 | Forex risk management and payment solutions are provided for businesses. | |
| airwallex.com | 2015 | Singapore | $1.25B | – | Cross-border payments are processed for businesses via tools and APIs. | |
| rapyd.net | 2016 | London, United Kingdom | $1.26B | – | Global payment solutions are provided by Rapyd to businesses worldwide. | |
| currencycloud.com | 2007 | London, United Kingdom | $186.88M | 97 | Cloud-based payment solutions are provided for cross-border transactions. | |
| flywire.com | 2009 | Boston, United States | $283.35M | 1,250 | Flywire is recognized as a global payments and software expert. | |
| thunes.com | 2016 | Singapore | $352M | – | Cross-border payment infrastructure provider | |
| azafinance.com | 2013 | London, United Kingdom | $41.76M | – | Software for cross-border remittances and forex management is provided. |
Detailed competitors of Kapaga
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Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as Kapaga (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Related news about Kapaga
Complete news archive for Kapaga
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Frequently Asked Questions about Kapaga
Kapaga was founded in 2020.
Kapaga is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Katya Dorofejeva is the current CEO of Kapaga. They have also founded this company.
Kapaga is a funded company, having raised a total of $3.11M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.23M, raised on Nov 2020.
Kapaga has 3 employees.
Kapaga was founded in 2020 in London, United Kingdom, as a fintech provider focused on cross-border payments. Remittance solutions are offered to businesses, including local payments in EUR and GBP, business accounts designed for international trade, and currency exchange services with transparency. Operations support global transactions through the kapaga.com domain.
Kapaga offers Business Account, E-Invoicing, and International Payments.
Kapaga has 5 investors. Key investors include Finom, Target Global, Chris Adelsbach, Andreas Mihalovits, and Mark Ransford.
Kapaga operates through Pnl Fintech Bv.
Yes. Kapaga was acquired by Finom in November 2022.