About Thepeer
Thepeer is a company based in Lagos (Nigeria) founded in 2021 by Chike Ononye.. Thepeer has raised $2.32 million across 2 funding rounds from investors including Chipper Cash, Stitch and The Raba Partnership. Thepeer offers products and services including Direct Charge, Checkout, and Payment Links. Thepeer operates in a competitive market with competitors including M2P Fintech, Prime Trust, AuthBridge, Mono and OnePipe, among others.
- Headquarter Lagos, Nigeria
- Founders Chike Ononye
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Peerstack Technologies
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$2.32 M (USD)
in 2 rounds
-
Latest Funding Round
$2.1 M (USD), Seed
Jun 22, 2022
-
Investors
Chipper Cash
& 10 more
-
Employee Count
Employee Count
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
Products & Services of Thepeer
Thepeer offers a comprehensive portfolio of products and services, including Direct Charge, Checkout, and Payment Links. 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.
Facilitates timely and secure wallet funding transfers for businesses.
Enables seamless wallet payments at online checkouts for customers.
Generates simple links for quick and secure wallet transactions.
Unlock access to complete
Unlock access to complete
Funding Insights of Thepeer
Thepeer has successfully raised a total of $2.32M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.1 million completed in June 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 Funding
- Total Rounds 2
- Last Round Seed — $2.1M
-
First Round
First Round
(01 Jun 2021)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Thepeer | Valuation | The Raba Partnership | |
| Jun, 2021 | Amount | Seed - Thepeer | 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 Thepeer
Thepeer has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Chipper Cash, Stitch and The Raba Partnership. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm investing in tech sectors
|
Founded Year | Domain | Location | |
|
Early-stage fintech investments are targeted in emerging markets by RaliCap.
|
Founded Year | Domain | Location | |
|
Investments in seed-stage startups are made by Timon Capital.
|
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 Thepeer
| 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 - Thepeer
| 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 |
Thepeer Comparisons
Competitors of Thepeer
Thepeer 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 M2P Fintech, Prime Trust, AuthBridge, Mono and OnePipe, 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 |
Banking, lending, and payment solutions are provided via custom APIs.
|
|
| domain | founded_year | HQ Location |
Cloud-based AML and banking API solutions are provided for institutions.
|
|
| domain | founded_year | HQ Location |
Identity verification, employee screening, and due diligence platforms are provided.
|
|
| domain | founded_year | HQ Location |
An open banking platform is provided for African businesses.
|
|
| domain | founded_year | HQ Location |
Open banking API solutions are provided for digital financial services.
|
| 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 Thepeer
Frequently Asked Questions about Thepeer
When was Thepeer founded?
Thepeer was founded in 2021.
Where is Thepeer located?
Thepeer is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Is Thepeer a funded company?
Thepeer is a funded company, having raised a total of $2.32M across 2 funding rounds to date. The company's 1st funding round was a Seed of $220K, raised on Jun 01, 2021.
What does Thepeer do?
Thepeer was founded in 2021 in Lagos, Nigeria, within the fintech sector. Payment processing services are provided to businesses, enabling operations such as sending funds, direct charging, linking accounts, and recurring payments. Money transfers across businesses are facilitated for users. The companys domain, thepeer.co, supports these core functionalities in the African market.
Who are the top competitors of Thepeer?
Thepeer's top competitors include M2P Fintech, AuthBridge and OnePipe.
What products or services does Thepeer offer?
Thepeer offers Direct Charge, Checkout, and Payment Links.
Who are Thepeer's investors?
Thepeer has 11 investors. Key investors include Chipper Cash, Stitch, The Raba Partnership, RaliCap, and Timon Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.