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Recharj Net Worth 2023 Update (Before & After Shark Tank)

Recharj-Shark-Tank-US-Net-worth

Recharj, a global digital prepaid payments network, was started by Oisin O’Connor in 2014. Recharj Net worth was $500,000 at the time of their pitch in 2018 based on the $75,000 offer for an 15% of equity of the company. 

They appeared on season 9  of Shark Tank USA  in 2018 But the Sharks were not interested in investing in Recharj. Considering the evaluation, complexity and competition all sharks rejected this business.

Recharj is no longer in business. The company announced its closure on September 29, 2023, citing the current economic climate and the impact of the COVID-19 pandemic.

Recharj Net Worth

Net worth$500,000 (2018)
Annual Sales Revenue
Profits
Lifetime sales
InvestorNone
FounderOisin O’Connor
Employees

Recharj Net Worth Timeline

Net Worth 2023
Net Worth 2022
Net worth valuation 2018 after appearing on Shark Tank  $500,000
Net worth valuation 2018 before appearing on Shark Tank  $500,000

Recharj Pitch on Shark Tank

Company nameRecharj
ProductA global digital prepaid payments network
EpisodeSeason 09 Episode 15
FounderOisin O’Connor
Asked for$75,000 for 15% of equity
Final dealNone
SharkNone
LocationUSA

Don’t miss these product from Season 09

Recharj Founder

Recharj was founded by Oisin O’Connorin 2014. O’Connor is a serial entrepreneur with over 10 years of experience in the tech industry. He is also a co-founder of  BootStrap Heroes, a community of entrepreneurs who share their knowledge and resources to help each other succeed.. The networth of Recharj’s founder, Oisin O’Connor, is unknown  as of 2023.

Key accomplishments

YearAccomplishment
2016Recharj launches its mobile app.
2017Recharj expands into over 100 countries.
2018Appeared on Shark Tank season 09

Conclusion

Some companies that appear on the show have not achieved great success, and the Recharj was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  Recharj went out of business in 2021. And the product is no longer available in the market.

What do you think?

Written by GAG Team

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