_$udo - About the company
_$udo is a seed company based in Kaduna (Nigeria), founded in 2020. It operates as a Payment card issuance platform for developers. _$udo has raised $3.7M in funding from Global Founders Capital. The company has 164 active competitors, including 23 funded and 23 that have exited. Its top competitors include companies like Imprint, Rain and Paysign.
Company Details
Payment card issuance platform for developers. Its API platform enables to issue of physical and virtual cards and allows businesses to control cards programmatically by building new features & securely integrating with other services. It features flexible usage control to prevent fraud by configuring spending limits, blocking business categories, enabling/disabling cash withdrawals, or blocking card usage and also provides the authorization of real-time transactions.
- Website
- sudo.africa
Key Metrics
Founded Year
2020
Location
Kaduna, Nigeria
Stage
Seed
Total Funding
$3.7M in 1 round
Latest Funding Round
Investors
Ranked
8th among 164 active competitors
Employee Count
38 as on Sep 30, 2026
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_$udo's funding and investors
_$udo has raised a total funding of $3.7M over 1 round. Its latest funding round was a Seed round on Mar 03, 2022 for $*****. 10 investors participated in its latest round. _$udo has 11 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of _$udo:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 03, 2022 | 6308265 | Seed | 9575051 | 2122490 | 4199471 | 8869817 |
View details of _$udo's funding rounds and investors
_$udo's founders and board of directors
Founder? Claim Profile_$udo's employee count trend
_$udo has 38 employees as of Sep 26. Here is _$udo's employee count trend over the years:
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_$udo's Competitors and alternates
Top competitors of _$udo include Imprint, Rain and Paysign. Here is the list of Top 10 competitors of _$udo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Imprint 2020, New York City (United States), Series D | White label solutions for payment cards | $353M | 74/100 | |
2nd | Rain 2021, Brooklyn (United States), Series C | Stablecoin-powered cards and payments infrastructure for a fluid financial system | $338M | 66/100 | |
3rd | Paysign 1995, Henderson (United States), Public | Provider of prepaid card payments solutions for businesses | - | - | 64/100 |
4th | NymCard 2016, Dubai (United Arab Emirates), Series B | Issuer processing solutions for businesses | $63.1M | 63/100 | |
5th | Debit card issuance API platform for crypto wallets | $9.2M | 58/100 | ||
6th | Berkeley Payment 2005, Toronto (Canada), Funding Raised | White-label solutions for prepaid and debit cards | - | - | 49/100 |
7th | Prepaid Technologies 1998, Birmingham (United States), Series B | Prepaid cards for banks and businesses | $101M | 49/100 | |
8th | Payment card issuance platform for developers | $3.7M | 49/100 | ||
9th | Financial payment products and settlement services | - | - | 47/100 | |
10th | WasabiCard 2013, South Africa, Seed | Provider of stablecoin infrastructure for card issuance and payment processing | $10M | 46/100 |
Looking for more details on _$udo's competitors? Click here to see the top ones
_$udo's Investments and acquisitions
_$udo has made no investments or acquisitions yet.
Reports related to _$udo
Here is the latest report on _$udo's sector:
News related to _$udo
•
Cost of issuing cards could crash from ₦1,800 to ₦400 with contactless payment boomTechpoint.Africa•Mar 17, 2025•Access Bank, _$udo
•
Nigeria’s Sudo Africa raises $3.7M pre-seed for its card-issuing API platformTechCrunch+•Mar 03, 2022•_$udo, Global Founders Capital, Picus Capital, LoftyInc Capital Management and 4 others
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