Maplerad Technologies Inc. Asset Profile

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

Year established

2022

Location

Lagos Nigeria

Primary Industry

Software

About

Based in Lagos, Nigeria, and founded in 2022 by Miracle Anyanwu and Obinna Chukwujioke, Maplerad Technologies Inc., a.k.a. Maplerad operates as a developer of banking service infrastructure that offers financial services for business products and handles all compliance, bank relationships, and licensing needs for beginners in the business. In October 2022, Valar Ventures led a USD 6 million in seed funding for Maplerad Technologies Inc., with participation from Armyn Capital, Golden Palm Investments Corporation, MyAsiaVC, Polymath Capital, Strawhat Investment, The Fintech Fund, and Unpopular Ventures. The company provides a banking-as-a-service platform with APIs (application program interfaces) that allows developers to embed financial features such as accounts, payments, FX, and cards into their products. Maplerad Technologies Inc. also offers an application that enables users to make international payments by offering cross-border payment solutions in fiat and cryptocurrency. The company plans to use its proceeds from October 2022 funding to acquire more customers, build its team, enhance the process to get additional licenses and expand its reach to the African market.

Current Investors

Valar Ventures, Golden Palm Investments Corporation, Unpopular Ventures

Request a demo to show more

Primary Industry

Software

Sub Industries

e-Financial, Web Applications, Accounting/Finance Software, Application Integration Software

Website

www.maplerad.com

Verticals

Blockchain, Cloud Computing, FinTech, FinTech, FinTech, Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.