ParlyPay/Sparly Private Co-Fund Opportunity
We seek Nigerian investors’ participation in building this novel fintech solution, and taking it into the global market
Who we are
About ParlyPay
ParlyPay Inc. is a Montana C-Corporation (EIN: 42-4157350) in the United States, we are building an AI-native financial infrastructure trade payment platform designed to secure, manage, and optimize cross-border commercial transactions. ParlyPay integrates banking infrastructure, cross-border payments, escrow protection, risk intelligence, compliance, accounting, and autonomous financial systems into a unified platform.
ParlyPay Demo
Introducing Parlo AI
At the core of the platform is Parlo AI, an agentic artificial intelligence system designed to function as an autonomous AI Chief Financial Officer (AI CFO). Parlo AI allows business owners to manage financial operations conversationally generating real-time profit and loss statements, balance sheets, cash-flow reports, expense analyses, and international payment insights without requiring expensive full-time financial executives.
Demo Playlist
Meet ParlyPay CEO
Austin C. Eneanya
A Technology entrepreneur and product strategist with over 13 years of experience spanning fintech, product strategy, UX design, product marketing, and business engineering
- Email: ceo@parlypay.com
- LinkedIn: CEO Linkedin Profile
- Phone / WhatsApp: +2348169533116
- Nigerian Entity: Sparly Innovations Limited (CAC Reg: 8323843)
- Prospectus (Pitch Deck): You will also see the team behind the company (Click to view)
ParlyPay Corporate & Offering Overview
What The Solution Does
ParlyPay is an AI-native cross-border trade infrastructure company. We connect the commercial and financial context behind international transactions helping businesses verify counterparties, structure transactions, coordinate payments, protect funds, track fulfilment, resolve exceptions and understand their financial activity through Parlo AI.
USE OF THE ₦25 MILLION
| Category | Allocation (%) | Amount (₦) | Core Objective & Deliverables |
| Engineering & Tech Infrastructure | 35% | ₦8,750,000 | Cloud architecture (AWS/Vercel), API orchestration hardening, and third-party security/penetration testing. |
| Legal, Compliance & Regulatory | 25% | ₦6,250,000 | BaaS (Banking-as-a-Service) integration fees, compliance framework setup, legal documentation, and terms. |
| Core Team & Operations | 25% | ₦6,250,000 | 6-month lean operational runway (covering core engineering and product management stipends/salaries). |
| Go-To-Market & Pilot Acquisition | 15% | ₦3,750,000 | Initial merchant onboarding campaigns, developer documentation portal, and pilot launch events. |
| Total | 100% | ₦25,000,000 | Full execution path from sandbox to live production. |
Phase 2: Growth & Progress Timeline (Months 1–6 to Live Launch)
Month 1: Infrastructure Hardening & Architecture Review
Action: Finalize core API orchestration layers, optimize database schemas, and initiate third-party security vulnerability assessments.
Milestone: Complete internal code freeze for the transaction engine and clear primary security checkpoints.
Month 2: Compliance Alignment & BaaS Onboarding
Action: Execute agreements with partner financial institutions/BaaS providers, integrate KYC/AML verification hooks, and finalize transaction monitoring workflows.
Milestone: Successful API handshake and sandbox data exchange with financial partners.
Month 3: Closed Beta & Sandbox Testing
Action: Onboard an initial cohort of 5 to 10 closed-beta merchants to test payment routing, split payments, and webhook reliability.
Milestone: Process over 1,000 simulated test transactions with a <0.5% error rate.
Month 4: Bug Remediation & Partner Merchant Feedback Integration
Action: Address latency bottlenecks identified during beta, refine developer documentation, and prep production environment credentials.
Milestone: Deployment of version 1.0 production-ready build.
Month 5: Production Migration & Regulatory Sign-Off
Action: Transition system keys from sandbox to live production environments, conduct dry-run transactions with live nominal values, and secure final compliance clearance.
Milestone: System officially ready for live public ingestion.
Month 6: Official Public Launch & First Live Transactions
Action: Roll out marketing copy, activate merchant onboarding pipelines, and monitor live transaction routing and settlement rails in real time.
Milestone: Successful execution of the first wave of real-world production transactions.
What is A S.A.F.E? & How Does it Work?
A SAFE (Simple Agreement for Future Equity) is an investment contract between a startup and an investor. Created by Y Combinator, it grants the investor the right to receive future equity in the company (typically preferred stock) when a specific “trigger event” occurs, most commonly a subsequent priced funding round (like a Seed or Series A) or an acquisition.
The Conversion Phase (The Trigger Event)
Using invested N25 million S.A.F.E. as an example, it will remain inactive as stored up equity until ParlyPay raises its next “priced” funding round (e.g., a formal institutional round). At that moment:
The N25 million automatically converts into preferred shares.
The number of shares the investor receives is calculated based on the valuation cap or discount rate agreed upon in the original N25 million S.A.F.E.
If the company is acquired or liquidated before a priced round, the SAFE holder typically has rights to receive their money back (or a payout) before common shareholders, depending on the specific terms.
Investment Structure (SAFE)
The current fundraising phase is an opportunity to acquire shares in ParlyPay as part of a ₦25,000,000 fundraising round.
The fundraising process and related administrative arrangements are being processed through Sparly Innovations Limited (“Sparly Ltd.”), the operating company facilitating the fundraising process for ParlyPay inc.
Investment proceeds are intended to support ParlyPay’s product development, technology infrastructure, regulatory and compliance readiness, market development, and initial commercial expansion.
Participation in this fundraising phase represents an investment in ParlyPay inc equity, subject to the applicable investment documentation, eligibility requirements, share allocation, and applicable laws and regulations.
Fundraising Target: ₦25,000,000 Offering: Equity shares in ParlyPay Processing Entity: Sparly Innovations Limited (Sparly Innovations Ltd.)ParlyPay is structuring this early-stage financing round via a Simple Agreement for Future Equity (SAFE) based on an indicative US$4,000,000 post-money valuation cap (approx. ₦6.5 Billion at an illustrative exchange rate of ₦1,400 = US$1).
Business Address: 20, Dendeke Martins Street, off ILaje Road, Bariga, Lagos.
Funds should be directed to the official Nigerian corporate account registered under- Ecobank
- Sparly Innovations Limited:
- Naira Account: 1960068092
Note: No Immediate Shares: The investor does not immediately receive shares, board seats, or voting rights. Instead, they hold a contract guaranteeing future equity.
Payment Notice
After making payment, please upload your payment receipt immediately using the form provided.
⚠️ Important Notice: Please double-check all details before making payment. Any refund permitted under the investment under the investment documents or applicable law will ordinarily be returned only the verified original funding source and may be subject to AML/KYC verification and compliance review.
After Payment: After your payment is confirmed, you will receive:
- Certificate of Future Shares Ownership
- Official Payment Receipt
Your investment is secure, and this process ensures you are officially registered and entitled to all shareholder benefits.
We’re excited to welcome you onboard!
Shares Equivalent of Cash Investment
Shares Capital: $10,000,000 shares, $4,000,000 valuation cap, $0.38 value per share, ₦1,400/USD exchange rate. The exact equity and cash equity invested are subject to the exchange rates at the time of investment and are as follows:
| Investment | Approx. USD | Illustrative Shares (Subject to FX exchange) |
| ₦250,000 | $178.57 | 470 units |
| ₦500,000 | $357.14 | 940 units |
| ₦1,000,000 | $714.29 | 1,900 units |
| ₦2,000,000 | $1,428.57 | 3,800 units |
| ₦3,000,000 | $2,142.86 | 5,700 units |
| ₦5,000,000 | $3,571.43 | 9,500 units |
| ₦7,000,000 | $5,000.00 | 13,300 units |
| ₦10,000,000 | $7,142.86 | 19,000 units |
Shareholders Onboarding Form
Why we need this:
To complete your shareholding registration under ParlyPay inc., we kindly ask that you fill out the form provided. These details help us legally register you as an investor. It ensures your name is officially recorded, your ownership is secured, and you’re entitled to all future returns and updates.
Your information is used strictly for legal compliance and to ensure you are officially recognised as an investor in ParlyPay Inc., an American-based entity. with Sparly Innovations Limited as the Nigerian entity. Your data is safe and will only be used for investment-related purposes.
Thank you for partnering with us on this journey to make finance accessible for all.