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My PayDay Startup Profile

Company Overview

Solution for technology talent and creatives throughout the African continent to receive payments from their global or foreign clients within minutes

Company History

My PayDay was founded in 2020. Public founder information in the source set points to Dr Rex Idaminabo, Chidi Nwaogu. Its latest captured funding/news event in the source set was in 2021, recorded as Venture Round.

Key Facts

Country Nigeria
Founded 2020
Founders Dr Rex Idaminabo, Chidi Nwaogu
Sector Fintech
Operational Status Status unverified
Latest Round Venture Round, 2021, $0.2M
Total Disclosed Funding $0.2M
Website https://www.mypayday.africa/

Business Model

My PayDay appears to operate a product-led business model in the Fintech sector. Based on public descriptions, it generates value through technology-enabled services, software, marketplace access, operations, or financial infrastructure.

Products and Services

  • Digital payments
  • Banking or treasury tools
  • Merchant or API infrastructure
  • Embedded finance

Funding and Market Position

Public deal records in the source set show 1 disclosed funding event(s), with about $0.2M captured in total. The most recent event is recorded as Venture Round, 2021, $0.2M.

Contact Information

The most reliable public contact channel in the source set is the official website: https://www.mypayday.africa/. Public phone numbers and public support emails were not consistently available at scale, so the website/contact form is the best public route.

Company Location

Operational Status

Older public sources were available, did not independently confirm whether the startup is still operating. Status recorded here is a best-effort assessment as of March 21, 2026.

Why This Startup Matters

As a Nigerian startup in the Fintech space, My PayDay matters because it addresses local market problems with a scalable digital product or operational model.

Sources

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