About Thank U Cash
Thank U Cash is a company based in Lagos (Nigeria) founded in 2018 by Simeon Ononobi, Harshal Gandole, Madonna Ononobi, and Suraj Supekar. It operates as a B2C. Thank U Cash has raised $6 million across 6 funding rounds from investors including Microtraction, Global Accelerex and Betatron Venture Group. Thank U Cash operates in a competitive market with competitors including Paytm, MoneyGram, OPay, Xend Finance and CarePay, among others.
- Headquarter Lagos, Nigeria
- Founders Simeon Ononobi, Harshal Gandole, Madonna Ononobi, Suraj Supekar
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Sectors
Financial Services
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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
Not available
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EBITDA
Not available
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Total Equity Funding
$6 M (USD)
in 6 rounds
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Latest Funding Round
$5.3 M (USD), Seed
Jan 10, 2022
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Investors
Microtraction
& 12 more
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Employee Count
Not available
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Funding Insights of Thank U Cash
Thank U Cash has successfully raised a total of $6M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $5.3 million completed in January 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.
Investors in Thank U Cash
Thank U Cash has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Microtraction, Global Accelerex and Betatron Venture Group.
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Sector-agnostic startup acceleration is provided by Betatron Venture Group.
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Venture capital and acceleration are provided to tech startups.
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Early-stage startups are funded by this venture capital entity.
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Investor details for Thank U Cash
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Investments & Acquisitions by Thank U Cash
Investment portfolio details for Thank U Cash
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Financial Statements - Thank U Cash
Detailed financials for Thank U Cash
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Thank U Cash Comparisons
Peer comparison for Thank U Cash
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Competitors of Thank U Cash
Thank U Cash 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 Paytm, MoneyGram, OPay, Xend Finance and CarePay, among others.
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Digital payments, financial services, and e-commerce platforms are provided.
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Cross-border payments are enabled via wallet solutions for consumers.
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Wallet-enabled payments are facilitated for consumers and businesses.
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DeFi savings are enabled for credit unions and cooperatives.
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Provider of a health insurance platform for global insurers
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An app-based digital wallet providing payment solutions for individuals and businesses.
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Detailed competitors of Thank U Cash
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Latest news on Thank U Cash
Complete news archive for Thank U Cash
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Frequently Asked Questions about Thank U Cash
Thank U Cash was founded in 2018.
Thank U Cash is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Simeon Ononobi is the current CEO of Thank U Cash. They have also founded this company.
Thank U Cash is a funded company, having raised a total of $6M across 6 funding rounds to date.
Thank U Cash reward-based digital wallet for secure consumer payments, focusing on finance, innovating financial technology, digital payments, and reward wallets. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Thank U Cash has 13 investors. Key investors include Microtraction, Global Accelerex, Betatron Venture Group, 500 Global, and Predictive Venture Partners.