Scrapays is a Cleantech Startup, Fusing Recycling, Technology and Finance.
Business Model: B2B
Revenue: $0
Employees: 11-50
Address: 2, Omoniyi Street,
City: Lagos
State: lagos
Zip: 102232
Country: NG
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 |
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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 |
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