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Maplerad

Operating

Banking services for the unbanked: Maplerad provides a modern banking platform for Nigerians.

Updated Source: SLA Startup IndexHow we verify →
Total raised
$6M
disclosed
Last round
$6M
Seed
Rounds
2
since 2022
Investors
15
on record
Employees
2-10

About Maplerad

Maplerad is a Nigerian FinTech startup that provides banking services to the unbanked and underbanked population of the country. With its innovative banking as a service (BaaS) model, Maplerad aims to bridge the gap between traditional banking and the financial needs of Nigerians. The platform offers a range of financial services, including savings, loans, and remittances, that are accessible through a mobile app.

Maplerad funding2 rounds

All 2 rounds →

Maplerad has raised $6M across 2 disclosed rounds. The latest is a $6M Seed announced 17 Oct 2022, led by Valar Ventures.

AnnouncedRoundLead · investorsAmount
17 Oct 2022Maplerad SeedValar Ventures +11$6M
01 Jan 2021Maplerad Pre-seedOn Deck +3Not disclosed

Maplerad founders & team

Full team →

Maplerad competitorssame sector · similar funding

  • Aibanc

    Aibanc offers AI-powered banking for High Earners Not Rich Yet (HENRY). · Nigeria

  • Kolomoni

    KOLOMONI is a product of Cintrust Microfinance Bank, a licenced MFB by CBN, dedicated to providing customers with the utmost banking experience. · Nigeria

  • VBank.NG

    VBank.NG is a Nigerian FinTech platform that provides mobile banking services for users. · Nigeria

  • Kredi Bank

    Kredi bank is a full service digital bank building a one-stop shop for digital financial services in Africa. · Nigeria

  • Regxta

    Regxta is building the first digital bank focusing on 600million underserved in Africa. · Nigeria

All 6 NeoBanking startups in Nigeria

Frequently asked about Maplerad

Where is Maplerad based and when was it founded?
Maplerad is headquartered in Lagos, Nigeria and was founded in 2022.
Who founded Maplerad?
Maplerad was founded by Obinna Chukwujioke (Co-Founder), Miracle Anywanwu (Founder) and Miracle Anywanwu (Founder).
How much funding has Maplerad raised?
Maplerad has raised $6M across 2 disclosed rounds. Its latest, a $6M Seed, was announced on Oct 17, 2022.
Who has invested in Maplerad?
Backers include Valar Ventures, Michael Vaughn, Fintech Fund, Babs Ogundeyi and 11 others.
What sector is Maplerad in?
Maplerad operates in NeoBanking, API and Microfinance.