CoalaPay

Infrastructure for grants management

About CoalaPay

Founded2022
Coala Pay is an easy to use infrastructure for grants management. Its built-in payments rail insulates donor funds from foreign currency risks, excessive banking fees, and delays. Its grants proposal marketplace lets donors find high impact aid activity proposals, submitted in real-time by trusted local aid partners around the world. Each proposal is powered by a smart contract which is not only self executing, but also allows for easy impact tracking, helping to decrease the overhead time and costs associated with grants making and management.
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Team Members

Melyn McKay
Melyn McKay

Founder

Investors

Castle Island
Castle Island
Factor Capital
Factor Capital
Pat Duffy
Pat Duffy
Lattice Fund
Lattice Fund
CV Labs
CV Labs
The Batchery
The Batchery
Lattice Fund
Lattice Fund

Fundrasing details

Seed(2025-02-06)
Amount$3,50M
Investors
Castle Island
Castle Island
Factor Capital
Factor Capital
Pat Duffy
Pat Duffy
Lattice Fund
Lattice Fund
Valuation--
Pre-Seed(2024-02-07)
Amount$810,00K
Investors
Factor Capital
Factor Capital
CV Labs
CV Labs
The Batchery
The Batchery
Lattice Fund
Lattice Fund
Valuation--