Issue link: http://endeavor.uberflip.com/i/1108345
34 P A G A TAYO OVIOSU & JAY ALABRABA Fintech Africa, LatAm Raising $60M Paga is a mobile payments company with a vision to make it simple for one billion people to access and use money. Paga's approach is to build an ecosystem that allows people and businesses to digitally send and receive money and access financial services. Paga's first market is Nigeria. Paga has 12M unique users and over 19K points of service and is the leading mobile money operator in the country. Paga has achieved profitability in Nigeria and is focused on scaling its business in Nigeria and exploring new markets. Paga's strategy is to focus on large countries where the problems it seeks to solve - cash use and lack of financial access - are still prevalent. Paga is currently evaluating launching in Mexico and Ethiopia. R S A G L O B A L ABHISHEK SHAH Smart Cities MENA, Asia, Africa Raising $20M RSA Global is a tech-forward third party supply chain and logistics solution provider. The company has transformed itself from a traditional contract logistics organisation to a tech- enabled global integrated supply chain provider. With over 500 people in 15 cities, RSA leverages its world-class facilities and multimodal transport channels to offer clients the full spectrum of logistics services, from warehousing to packaging to shipping. O L I S T TIAGO DALVI Enterprise Software LatAm Raising $20M Olist is the one-stop-shop for merchants, brands, and marketplaces in Brazil. Olist provides merchants with a platform to sell across multiple online marketplaces via a single point of entry. For sellers, this reduces time to market, improves operational efficiency (e.g. payments & fulfillment), provides name brand value, and increases access to customers. For marketplaces, Olist provides an increase in the catalogue of merchandise, quality control of merchandise, advanced pricing technology, and distribution efficiencies. Olist has more than 5K active merchants on its platform and passed $11 million in Net Revenue Run Rate in 2018, with 400% Revenue Retention within 24 months in its cohorts. O F I . C O M PETER OSTROSKE Enterprise Software LatAm Raising $15M In 2010, there were 250 SaaS applications available on the global market. Today, there are over 10K cloud-based offerings, a surge of 40x in less than a decade. This exponential growth in cloud services as well as other B2B IT categories has given rise to the next generation of IT service providers. As the leading distribution platform for IT products and services in Latin America, OFI.com has delivered business solutions to over 8K business customers in Mexico, Colombia and Brazil.