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Valuation

$570.5K

2024 Revenue

$190.2K

Funding

$0

YOY

26.5%

Team

4

Founded

2013

How SimbaPay CEO Nyasinga Onyancha grew to $190.2K revenue with a 4 person team in 2024.

Developer of a mobile application designed to transfer money. The company's application helps users to transfer money to Nigeria using bank account number, debit card or credit card through their mobile phones, tablets and computers, enabling users to transfer money using mobiles.

Last updated

SimbaPay Revenue

In 2024, SimbaPay's revenue reached $190.2K. The company previously reported $150.3K in 2023. Since its launch in 2013, SimbaPay has shown consistent revenue growth.

SimbaPay Revenue GrowthReported revenue / ARR over time$0$60K$120K$180K$240K$300K2013201520172019202120232024$0$251K$190KSource: GetLatka.com
YearMilestoneQuote
2024SimbaPay Hit $190.2k revenue in October 2024
2023SimbaPay Hit $150.3k revenue in December 2023
2021SimbaPay Hit $250.6k revenue in April 2021
2013Launched with $0 revenue

SimbaPay Valuation, Funding Rounds

SimbaPay's most recent disclosed valuation is $570.5K.

SimbaPay is a bootstrapped SaaS startup. Founded in 2013, SimbaPay has grown to $190.2K in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, SimbaPay has built its business with no outside investment.

SimbaPay Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12013Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Nyasinga Onyancha

Nyasinga Onyancha is listed as Founder / CEO at SimbaPay.

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Customers

We do not have customer count information for SimbaPay yet.

SimbaPay Employees & Team Size

SimbaPay employs approximately 4 people as of 2026.

SimbaPay Team GrowthReported headcount over time024681020132015201720192021202320240044Source: GetLatka.com
YearMilestone
2024Reached 4 employees (October 2024)
2023Reached 4 employees (December 2023)
2022Reached 5 employees (December 2022)
2021Reached 8 employees (December 2021)
2021Reached 8 employees (April 2021)

Frequently Asked Questions about SimbaPay

What is SimbaPay's revenue?

SimbaPay generates $190.2K in revenue.

Who founded SimbaPay?

SimbaPay was founded by Nyasinga Onyancha.

Who is the CEO of SimbaPay?

The CEO of SimbaPay is Nyasinga Onyancha.

How much funding does SimbaPay have?

SimbaPay raised $0.

How many employees does SimbaPay have?

SimbaPay has 4 employees.

Where is SimbaPay headquarters?

SimbaPay is headquartered in London, England, United Kingdom.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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SimbaPay Revenue 2024: $190.2K ARR, $570.5K Valuation