Segovia
Company

Last deal

$750.K

Amount

Venture - Series Unknown

Stage

04.02.2016

Date

3

all rounds

$14.5M

Total amount

General

About Company
Segovia technology facilitates payments across Africa and Asia, making it easy to pay people living in extreme poverty.

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founded date

01.01.2014

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Segovia provides a SaaS platform that uses satellite imaging, machine learning, biometric identification, and adaptive fraud detection to address the challenges associated with final-mile delivery to people in emerging markets. The platform enables fast, secure, and accessible payments to NGOs and businesses around the world through digital payments. Segovia payments are helping refugees restart their lives in Europe, helping communities rebuild after Ebola in Liberia, and supporting gig economy workers in East Africa. The company's team has expertise in emerging-markets payments and includes the co-founders of GiveDirectly, along with early technical leaders from IBM, Facebook, Google, and Palantir. Investment is led by Reif Hoffman, Arif Naqvi, the Omidyar Network, and others.
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