Scraypays

Scrapays is a Cleantech Startup, Fusing Recycling, Technology and Finance.

Business Model: B2B

Revenue: $0

Employees: 11-50

Rankings

Detailed Scraypays Information

Geographic Data

Scraypays headquarters map

Address: 2, Omoniyi Street,

City: Lagos

State: lagos

Zip: 102232

Country: NG

Financial Info

Stage:

non equity assistance

Raised Last:

$100k

Raised Total:

$172k

Metrics

5,347,806Website Global Rank

1,669Website Monthly Traffic

Twitter Followers

Description

Scrapays is a Cleantech Startup, Fusing Recycling, Technology, and Finance. Helps the 1% of the population in every urban city that survives by operating recycling businesses (collectors and agents) to provide on-demand material recovery services to waste producers (individuals and enterprises), with a reward in commission per kilogram recovered. Scrapays uses an integrated offline and online technology (USSD, IoT, Web, and Mobile App, and wallet System) in its decentralized recovery model to deliver on less than a day recovery cycle for every waste Producer pickup request. Scrapays facilitate this recovery of recyclables by providing a software-based (USSD, Web, Mobile App) recovery network, consisting of all four categories in the value chain, which are independent businesses and producers. We provide them with the infrastructure and tools to help them control recyclable material recovery while creating self-managed businesses from it. Scrapays is for Individuals and Enterprises who are looking to make money or get a better return from recyclable waste and Out-of-Use scrap-able items. We allow individuals who have open spaces to Host collection outlets, become local Collectors, or manage operations by being a vendor. Allowing Individuals and Enterprises get paid for their recyclable waste. while duly rewarding all partners commission per kilogram recovered. Scrapays is for Individuals and Enterprises who are looking to make money or get a better return from recyclable waste and Out-of-Use scrap-able items. We allow individuals who have open spaces to Host collection outlets, become local Collectors. Allowing Individuals and Enterprises to get paid for their recyclable waste. while duly rewarding all partners’ commission per kilogram recovered. The decentralized recovery network follows an architecture that allows individuals whom we refer to as Agents, list their space as temporary Recyclable Hosting Location (call it AirBnB for recyclables), and Collectors; mobile field soldiers that collect the recyclables in their mapped zone (call this Uber for recyclables).

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
5/2022 Non Equity Assistance 1 $100k Google for Startups
Google for Startups
9/2021 Grant 1 - Smart Cities Innovation Programme
Smart Cities Innovation Programme
3/2022 Venture Round 1 $72.4k Startup Wise Guys
Startup Wise Guys
9/2021 Grant 1 - Smart Cities Innovation Programme
Smart Cities Innovation Programme
Announced Date Name Price

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