About Paylend
Paylend is a company based in Nairobi (Kenya) founded in 2019 by Eliutherius Juma, Bendon Murgor, and John Kamara. Paylend has raised $2 million across 1 funding round from investors including Next Chymia Consulting. Paylend operates in a competitive market with competitors including Lipa Later, Julla and Glomoney, among others.
- Headquarter Nairobi, Kenya
- Founders Eliutherius Juma, Bendon Murgor, John Kamara
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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
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Dec 25, 2021
- Investors
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Employee Count
Not available
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Funding Insights of Paylend
Paylend has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in December 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.
Investors in Paylend
Paylend has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Next Chymia Consulting.
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Offers specialized blockchain consulting services.
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Investor details for Paylend
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Investments & Acquisitions by Paylend
Investment portfolio details for Paylend
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Financial Statements - Paylend
Detailed financials for Paylend
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Paylend Comparisons
Peer comparison for Paylend
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Competitors of Paylend
Paylend 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 Lipa Later, Julla and Glomoney, among others.
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Online platform for point of sale financing for multi-category products
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Provides financing solutions to support customer purchases.
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Provides financing solutions for consumer purchases.
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Detailed competitors of Paylend
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Latest news on Paylend
Complete news archive for Paylend
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Frequently Asked Questions about Paylend
Paylend was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Paylend is headquartered in Nairobi, Kenya.
Eliutherius Juma is the current CEO of Paylend. They have also founded this company.
Paylend is a funded company, having raised a total of $2M across 1 funding round to date.
Online marketplace for point of sale financing. It offers a solution that enables credit institutions to manage multiple utility-specific point of sale financing options including shopping loans, educational fees loans, salon loans, and more. It enables businesses to disburse funds as vouchers that can be exchanged for cash in the partnered stores. It also enables individuals to purchase products and services within the partnered network and pay in periodic installments. The application is available on the Android platform.
Paylend's top competitors include Lipa Later, Julla and Glomoney.
Paylend has 1 investor. Key investors include Next Chymia Consulting.