When was Cardtonic founded?

Cardtonic was founded in 2016 and raised its 1st funding round 10 years after it was founded.

Where is Cardtonic located?

Cardtonic is headquartered in Lekki, Nigeria.

How many employees does Cardtonic have?

As of Sep 30, 2026, the latest employee count at Cardtonic is 134.

Is Cardtonic a funded company?

Cardtonic is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jan 16, 2026.

When was the latest funding round of Cardtonic?

Cardtonic's latest funding was a $***** Seed round on Jan 16, 2026, with participation from 0 investor.

Where does Cardtonic rank among its competitors?

Cardtonic ranks 1st amongst 4 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Cardtonic, which secured $2.1M in Jan, 2026.

Who are the top competitors of Cardtonic?

Cardtonic's top competitors include Jophab, SureGifts and Tremendous. Among them, Cardtonic secured the most recent funding round in January, 2026.

Cardtonic - 2026 Company Profile, Funding & Competitors

Cardtonic is a seed company based in Lekki (Nigeria), founded in 2016. It operates as a Provider of virtual payment cards gift cards and electronic connectivity. Cardtonic has raised $2.1M in funding. The company has 4 active competitors, including 3 that are funded. Its top competitors include companies like Jophab, SureGifts and Tremendous.

Company Details

Provider of virtual payment cards gift cards and electronic connectivity. Services include the issuance of virtual dollar cards for online transactions and the exchange of gift cards for currency. The business facilitates utility bill payments and provides access to mobile connectivity through digital subscriber identity modules. Additionally, the platform offers a marketplace for the purchase of consumer electronics and hardware.

Website: cardtonic.com
Social
Email ID: *****@cardtonic.com
Phone Number: +234 **********

Key Metrics

Founded Year

2016

Location

Lekki, Nigeria

Stage

Seed

Total Funding

$2.1M in 1 round

Latest Funding Round

Seed, Jan 16, 2026, $*****

Ranked

1^st among 4 active competitors

Employee Count

134 as on Sep 30, 2026

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View Cardtonic's full profile

Cardtonic has raised a total funding of $2.1M over 1 round.

Here is the list of recent funding rounds of Cardtonic:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 16, 2026	9806368	Seed	8528049	5381336	9163105	7294279

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Cardtonic's employee count trend

Cardtonic has 134 employees as of Sep 26. Here is Cardtonic's employee count trend over the years:

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Top competitors of Cardtonic include Jophab, SureGifts and Tremendous. Here is the list of Top 10 competitors of Cardtonic, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cardtonic 2016, Lekki (Nigeria), Seed	Provider of virtual payment cards gift cards and electronic connectivity	$2.1M	-	63/100
2nd	Jophab 2022, Ibadan (Nigeria), Unfunded	Provider of digital gift card exchange and utility payment services	-	-	43/100
3rd	SureGifts 2014, Lagos (Nigeria), Seed	Online marketplace for buying gift cards	-	Musha Ventures, CRE Venture Capital & 3 others	37/100
4th	Tremendous 2010, San Francisco (United States), Seed	Provider of rewards and financial benefits management platform for enterprises	$120K	Y Combinator	29/100
5th	IGCTrader 2018, Port Harcourt (Nigeria), Deadpooled	Online marketplace for gift cards	-	-	15/100
6th	Kazzylen 2013, Lagos (Nigeria), Deadpooled	Relodable virtual prepaid gift card to pay bills and make purchases	-	-	14/100