FundedIQ
Financial Services

Coala Pay: Funding, Investors & Team (Aug 2026)

Coala Pay is developing a comprehensive solution for aid organizations to authenticate and distribute aid funding. In addition to processing payments, Coala Pay utilizes artificial intelligence technology to monitor the effectiveness of funds distributed and ensure transparency in the use of funds.

coalapay.org LinkedIn San Francisco, United States 1-10 employees
Financial Services Social Impact B2B
Total raised
$3.5M
Rounds
2
Latest
Seed
Feb 2025

Coala Pay has raised $3.5M across 2 funding rounds on record, the most recent a Seed of $3.5M announced in Feb 2025.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Coala Pay Company Profile and Key Stats

Total funding raised
$3.5M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Seed
$3.5M in Feb 2025
Employees
1-10
reported band
Headquarters
San Francisco, United States

Latest funding round on record: Feb 2025.

Coala Pay Funding Rounds

Date
Round
Amount
Seed
$3.5M
Undisclosed round
Undisclosed

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

Coala Pay announced an undisclosed round in May 2023; the amount was not disclosed.

1.8 years later, a Seed of $3.5M was announced in Feb 2025.

Coala Pay Founders and Leadership Team

Name
Role
Contact
Melyn Mckay (phd)
Founder
Locked

Contact details for the Coala Pay team: 1 of 1 has an email address on file.

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Coala Pay Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,722
$7.5M
16,485
$3.1M

Coala Pay's latest round of $3.5M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Coala Pay Funding FAQs

What does Coala Pay do?

Coala Pay is developing a comprehensive solution for aid organizations to authenticate and distribute aid funding. In addition to processing payments, Coala Pay utilizes artificial intelligence technology to monitor the effectiveness of funds distributed and ensure transparency in the use of funds.

How much funding has Coala Pay raised?

Coala Pay has raised $3.5M across 2 rounds on record. The most recent is a Seed of $3.5M announced in Feb 2025.

When did Coala Pay last raise funding?

Coala Pay's most recent funding round on record is a Seed of $3.5M, announced in Feb 2025.

Who founded Coala Pay?

FundedIQ lists Melyn Mckay (phd) (Founder) at Coala Pay.

Where is Coala Pay headquartered?

Coala Pay is based in San Francisco, California, United States.

How many employees does Coala Pay have?

Coala Pay is in the 1-10 employee band.

How does Coala Pay's funding compare to other Financial Services startups?

Coala Pay's latest round of $3.5M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Coala Pay Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Coala Pay is left off this page rather than filled in.

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