Paysika

Paysika

Financial technology startup developing mobile and web-based banking solutions for French-speaking African countries.

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DateInvestorsAmountRound
-investor investor investor investor

€0.0

round
investor investor investor investor investor investor investor investor

€0.0

round

N/A

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2020202120222023
Revenues0000000000000000
% growth--260 %42 %
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Company filings or news article, Dealroom estimates

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More about Paysika
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PaySika is a fintech startup that offers a digital banking platform, enabling users to create an account and receive an international bank card within minutes. The company's primary target market includes individuals who require quick and easy access to financial services, including online traders, social media influencers, and online gamblers.

PaySika's business model revolves around providing a seamless banking experience through its mobile application. Users can manage their money in real-time, receive notifications for every expenditure, and have the ability to block and unblock their cards instantly. The platform also allows users to receive payments from various sources such as Paypal, online trading platforms, and social media royalties from platforms like YouTube, Facebook, Instagram, and TikTok.

One of PaySika's key selling points is its fee-less structure. The company does not charge for card recharges, making it an attractive option for users who frequently need to top up their cards. Additionally, the company offers security features such as data encryption and 3DSecure protocol for payment authentication, ensuring that users' money is safe.

PaySika also encourages peer referrals by offering free virtual bank cards to users who refer a friend to the platform. This strategy not only helps in customer acquisition but also fosters a sense of community among users.

In conclusion, PaySika is a user-friendly, secure, and cost-effective digital banking solution that caters to the needs of the modern-day consumer.

Keywords: Fintech, Digital Banking, International Bank Card, Mobile Application, Real-time Money Management, Fee-less Structure, Security Features, Peer Referrals, User-friendly, Cost-effective.

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