Nigeria · 
Who invested in Paga?
Paga's investors include Omidyar Network, Capricorn Investment, Adlevo Capital, Acumen and Timothy Draper, and 1 more on record.
2012201320142015
?Seed?Series A$13MSeries B
Nigeria · Series B startup
Who invested in Paga
Funding summaryUpdated 26 Oct 2026
$13Mraised across 3 rounds since 2012, from 3 sources
- Latest round
- Series B, $13MOct 2015
- Investors
- 6
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Seed Jan 2012
- Biggest round
- $13M Series B · Oct 2015
- Usual gap between rounds
- 3.3 years the median of 2
The rounds
- Oct 2015Series B$13M1 new3 returning
Omidyar Network
Capricorn Investment
Adlevo Capital- Goodwell West Africa
From a historical funding record
- Jun 2012Series AAmount undisclosed4 new
From a historical funding record
- Jan 2012
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Seed2012Series A2012Series B2015Omidyar NetworkCapricorn InvestmentAdlevo Capital
AcumenTimothy DraperGoodwell West Africa
Omidyar NetworkCapricorn InvestmentAdlevo CapitalAcumenTimothy DraperGoodwell West AfricaEveryone who backed them
Timothy DraperAngel1round
Goodwell West Africano record of our own yet1round
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 2 firms list Paga as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Paga
How much has Paga raised?
Paga has raised $13M across 3 rounds since 2012. 2 rounds did not disclose an amount, so the total is a floor.
When did Paga last raise?
Paga's most recent round was a Series B of $13M in Oct 2015.
What was Paga's biggest round?
Its most recent round, $13M in Oct 2015, is also its largest on record.
Who backed Paga first?
Paga's first round on record, in Jan 2012, was backed by Timothy Draper.
What stage is Paga at?
Paga's latest named round is a Series B, in Oct 2015.
Where is Paga based?
Paga is based in Nigeria.
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