
CrowdForce
OperatingCrowdForce is an all inclusive crowdsourcing platform for emerging markets.
- Crowdsourcing
- Mabushi, Nigeria
- Seed
- Founded 2018
- crowdforce.io ↗
- Total raised
- $5.2M
- disclosed
- Last round
- $1M
- Debt Financing
- Rounds
- 9
- since 2018
- Employees
- 11-50
About CrowdForce
CrowdForce is an all inclusive crowdsourcing platform for emerging markets. The startup has developed a financial services distribution platform that can turn any merchant into a mobile bank branch within minutes. The platform uses data analytics to build financial service products that truly tackle financial inclusion. Its PayForce product is a PoS-enabled system providing ATM services, transfer, and bill payments.
CrowdForce funding9 rounds
All 9 rounds →CrowdForce has raised $5.2M across 9 disclosed rounds. The latest is a $3.6M Seed announced 16 Feb 2022, led by Aruwa Capital.
- $1MDebt FinancingDebt Financing, $1M, $1M raised to date
- $3.6MSeedSeed, $3.6M, $4.6M raised to date
SLA Funding Index · grey is capital raised before each round
Who has invested in CrowdForce
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 16 Feb 2022 | CrowdForce Seed16 Feb 2022 Led by Aruwa Capital +2 | $3.6M | |
| 16 Feb 2022 | CrowdForce Debt Financing16 Feb 2022 Led by Aruwa Capital +2 | $1M |
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CrowdForce founders & team
- Damilola AyorindeCo-Founder & COO
- Oluwatomi AyorindeCo-Founder & CEO
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CrowdForce competitorssame sector · similar funding
- PaydayLagos, Nigeria
- Paycloud AfricaNairobi, Kenya
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Frequently asked about CrowdForce
- Where is CrowdForce based and when was it founded?
- CrowdForce is headquartered in Mabushi, Nigeria and was founded in 2018.
- Who founded CrowdForce?
- Founders listed for CrowdForce include Damilola Ayorinde (Co-Founder & COO) and Oluwatomi Ayorinde (Co-Founder & CEO).
- Who is the CEO of CrowdForce?
- Oluwatomi Ayorinde is CrowdForce's Co-Founder & CEO.
- How much funding has CrowdForce raised?
- CrowdForce has raised $5.2M across 9 funding rounds. Its latest, a $3.6M Seed, was announced on 16 Feb 2022.
- Who has invested in CrowdForce?
- Backers include Aruwa Capital, HAVAÍC and AAIC Holdings.
- What sector is CrowdForce in?
- CrowdForce operates in Crowdsourcing, Big Data and FinTech.


