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🇯🇲Jamaica·Fintech·Founded 2020·41 employees
KayaPay
Stage · In diligenceDFC eligible
Readiness Seal not yet earned. Target score ≥ 70.
Provara Scorev3.2
65/100
Approaching threshold
Domain profile
Score history
About the company
Licensed payment institution providing cross-border remittance and merchant acquiring for Caribbean diasporas, processing ~US$140M annualized volume.
Monthly trade volume (USD)
rolling 12 months
Management
- Damion GrantChief Executive Officer
- Kesha DouglasChief Compliance Officer
Capital ask
$8.0M
Growth equity
Use of proceeds and pricing indications available under NDA in the data room.
Strengths
- Fintech operator with above-median financial performance & trajectory.
- Clear line of sight to growth equity deployment within 6 months.
- Domestic revenue base underpins downside case.
Gaps & recommendations
- Financial Performance & Trajectory below Provara benchmarkComplete IFRS-aligned audit for FY2025, rebuild 3-statement model, and tighten cash-conversion cycle.
- Operational Maturity below Provara benchmarkDeploy integrated ERP, document core SOPs, and formalize supply-chain traceability and KYC.
- Market Position & Growth Pathway below Provara benchmarkDocument bottom-up TAM tied to signed pipeline and codify a regional scaling playbook.