Dash
FintechNigeriaClosed 2023
Total Raised
$86M
Peak Valuation
$200M
Employees
—
Year Collapsed
2023
Business model
Digital wallet and payments app for African consumers and merchants.
In brief
A Nigerian digital financial services startup that raised significant capital and reached a reported $200M valuation, but wound down amid Africa-wide funding pullback in 2023. Insiders cited unsustainable underlying economics rather than any single external shock.
See the What Happened tab for the full account.
Key facts
- Founded
- 2018
- Closed
- 2023
- Headquarters
- Lagos, Nigeria
- Industry
- Fintech
- Employees
- —
- Revenue
- Undisclosed
- Founders
- —
Related failures
Powa Technologies
2007–2016Fintech · UK
Ran out of funding$180MTally
2015–2024Fintech · USA
Ran out of funding$172MVolt Bank
2017–2022Fintech · Australia
Ran out of funding$154MXinja
2017–2020Fintech · Australia
Ran out of funding$70MSynapse Financial Technologies
2014–2024Fintech · USA
Ran out of funding$50MCushion
2016–2024Fintech · USA
Ran out of funding$21.6M
Often compared with: Flutterwave, Paystack, OPay.