About Migo
Migo is a Financial Services company based in San Francisco (United States) founded in 2014, and was acquired by First Ally Capital in June 2025. A cloud-based platform is provided for loan origination to lenders. Migo has raised $38.24 million across 6 funding rounds from investors including Western Technology Investment, The Bank of Industry and Valor Capital Group. Its website migo.money draws about 47 thousand monthly visits. Migo offers products and services including Embedded Lending Platform, Personal Loans, and Buy Now Pay Later. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Loan Origination. Its legal entity is Migo Money, Inc. Its competitors include Numerated, GreenSky and AutoFi; 3 of its 3 listed competitors have raised funding.
Company details
Migo was founded in 2014 in San Francisco, United States, within the fintech sector. A cloud-based platform is operated to support loan origination processes for lenders. Credit options, traditional banking services, and payment card infrastructure are enabled through the platform. Credit lines are extended to consumers by participating lenders. Operations focus on streamlining lending activities in the financial services industry.
- Headquarters San Francisco, United States
- Stage Acquired
- SectorsFinancial Services
- Website category Gambling · Sports Betting
- Email••••••••
- Website us.migo.money
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by First Ally Capital (Jun 2025)
- Legal Name Migo Money, Inc.
- Total Equity Funding$38.24M (USD)
in 6 rounds
- Latest Funding Round$20M (USD), Series B
Dec 2019
- InvestorsWestern Technology Investment
& 13 more
- Acquired byFirst Ally Capital
(Jun 2025)
Products & Services of Migo
Migo offers a comprehensive portfolio of products and services, including Embedded Lending Platform, Personal Loans, and Buy Now Pay Later.
Enables credit services through APIs for partners
Provides loans in emerging markets for individuals
Allows deferred payments to boost sales risk-free
Apps and channels of Migo
its YouTube channel Migo has 116 subscribers and 13 videos.
Videos from Migo
The most watched videos on Migo's YouTube channel, Migo (116 subscribers). Click a video to play it here.
More on Migo.
Funding Insights of Migo
Migo has successfully raised a total of $38.24M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in December 2019. 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 $38.24M
- Total Rounds 6
- Last Round Series B — $20M
- First Round $608,898
(Apr 2014)
- Investors Count 14
All 6 funding rounds of Migo 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 |
|---|---|---|---|---|---|
| Dec 2019 | $20M | Series B | – | Valor Capital Group | |
| Aug 2018 | $13M | Series A | – | The Rise Fund | |
| Oct 2017 | $497,000 | Seed | – | – | – |
| Jan 2016 | $2.24M | Seed | – | XSeed Capital, FinTech Collective | – |
| Dec 2015 | $1.9M | Seed | – | – | – |
| Apr 2014 | $608,898 | Seed | – | – | – |
14 investors in total: 14 institutional.
Investors in Migo
Migo has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Western Technology Investment, The Bank of Industry and Valor Capital Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth equity and venture capital are applied to tech sectors. | valorcapitalgroup.com | New York, United States | ||
Sector-agnostic VC investment company investing globally | therisefund.com | San Francisco, United States | ||
Fintech companies are funded by Velocity Capital Fintech Ventures. | velocityfintech.com | Bussum, Netherlands | ||
Venture capital investments are made in technology startups through a global ecosystem. | cathayinnovation.com | |||
Private equity firm | africinvest.com | Paris, France | ||
Venture debt is provided globally across multiple sectors. | 1980 | westerntech.com | Portola Valley, United States | |
Tech focused early stage VC firm investing in the US | nyca.com | New York, United States | ||
Early stage venture capital firm investing in US | xseedcap.com | Portola Valley, United States | ||
Africa's climate venture builder focused on sustainable impact. | 2012 | persistent.energy | Nairobi, Kenya | |
Early & Growth stage tech-focused VC Firm investing in geographies such as Africa | singularityinvest.com | Lagos, Nigeria |
Investor details for Migo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Migo
16 people are tracked at Migo (4 in leadership, 12 in team).
| Name | Role | Group |
|---|---|---|
Kunle Olukotun | Chief Scientist and Co-founder | Leadership |
Madhura Joglekar | Tech Lead / Head Of Data Science, Repeat Customer Team | Leadership |
Bruno Akpaka | Director Of Strategic Partnerships | Leadership |
Khalid Abu, SPHRi | People Business Partner | Leadership |
Łukasz Tokarczyk | Senior Software Engineer | Team |
Łukasz Wójcik | Principal Software Engineer | Team |
Piotr Haratym | Staff Software Engineer | Team |
Stan Madueke | Staff Software Engineer | Team |
Rafał Radecki | Staff Site Reliability Engineer | Team |
Marcin S. | Staff Site Reliability Engineer | Team |
Michał Juński | Staff Software Engineer | Team |
Elohor Ogethakpo ACCA, ACA | Global Controller | Team |
Henry Ibok | Senior Manager, Customer Experience And Insights (global Team) | Team |
Olamide Adeboun | Customer Experience Representative With Migo | Team |
Tevye Krynski | Technical Fellow | Team |
Okougbo Evelyn | Customer Support Supervisor/quality Analyst | Team |
Complete people profiles for Migo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Migo
4 dated milestones of Migo across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Migo is founded.
- Funding First funding round of $609K.
- Funding Latest funding round, Series B, of $20.0M.
- Exit Acquired by First Ally Capital.
Competitors of Migo
Migo has 3 listed competitors in our database, 3 of them funded. They include Numerated, GreenSky and AutoFi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| numerated.com | 2017 | Boston, United States | $32M | 148 | Platform for digitizing credit policies | |
| greensky.com | 2006 | Atlanta, United States | $610M | 1,267 | Consumer financing is facilitated through a lending-as-a-service platform. | |
| autofi.com | 2015 | San Francisco, United States | $127.06M | 150 | Cloud-based loan management is provided for automobile financing. |
Detailed competitors of Migo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Migo
The website of Migo (migo.money) receives about 47.1K visits a month and ranks #199,101 among all websites worldwide, #4,099 in Sports Betting.
- Monthly visits47.1K
▼ 75.1% vs previous month
- Unique visitors67.4K
per month
- Global rank#199,101
among all websites
- Category rank#4,099
Gambling · Sports Betting
- Bounce rate39%
- Pages per visit4.2
- Average visit5 min 30 sec
- DevicesDesktop 23% · Mobile 77%
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Migo (Banking & FinTech Platforms) in United States, 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 | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Migo
Migo was founded in 2014.
Migo is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Migo is a funded company, having raised a total of $38.24M across 6 funding rounds to date. The company's 1st funding round was a Seed of $608.9K, raised on Apr 2014.
Migo was founded in 2014 in San Francisco, United States, within the fintech sector. A cloud-based platform is operated to support loan origination processes for lenders. Credit options, traditional banking services, and payment card infrastructure are enabled through the platform. Credit lines are extended to consumers by participating lenders. Operations focus on streamlining lending activities in the financial services industry.
Migo offers Embedded Lending Platform, Personal Loans, and Buy Now Pay Later.
Migo has 14 investors. Key investors include Western Technology Investment, The Bank of Industry, Valor Capital Group, The Rise Fund, and Velocity Capital Fintech Ventures.
Migo operates through Migo Money, Inc..
Yes. Migo was acquired by First Ally Capital in June 2025.