PayEco Overview

  • Year Founded
  • 2005

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 296

Employees

  • Latest Deal Type
  • M&A

PayEco General Information

Description

Provider of a mobile payment platform. The company also provides payment confirmation, settlement services, professional consulting and technical support services and operations of pre-paid card business. The company holds a cross-border RMB payment license, enabling them to facilitate online and overseas payments.

Contact Information

Website
www.payeco.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 23rd Floor, Yuexiu Financial Building, 28 Zhujiang East Road
  • Zhujiang New City, Tianhe District
  • Guangzhou, Guangdong 510623
  • China
+86 020
Primary Industry
Financial Software
Other Industries
Other Commercial Banks
Parent Company
Kuaishou
Vertical(s)
Industrials, SaaS, TMT, Mobile Commerce, FinTech, Mobile
Corporate Office
  • 23rd Floor, Yuexiu Financial Building, 28 Zhujiang East Road
  • Zhujiang New City, Tianhe District
  • Guangzhou, Guangdong 510623
  • China
+86 020

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PayEco Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 25-Nov-2020 Completed Profitable
5. IPO 10-Jul-2017 Completed Profitable
4. Secondary Transaction - Private 08-Mar-2016 Completed Profitable
3. Secondary Transaction - Private 29-Oct-2015 Completed Profitable
2. Secondary Transaction - Private 29-Sep-2015 $8M Completed Profitable
1. Early Stage VC (Series B) 08-Jul-2013 $8M $8M Completed Generating Revenue
To view PayEco’s complete valuation and funding history, request access »

PayEco Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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PayEco Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
CMBI & Syncapital Corporate Venture Capital Minority
GF Xinde Investment Management Venture Capital Minority
Huashan Capital Venture Capital Minority
Maxwealth Fund Asset Manager Minority
RomaWay Corporation Minority
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PayEco FAQs

  • When was PayEco founded?

    PayEco was founded in 2005.

  • Where is PayEco headquartered?

    PayEco is headquartered in Guangzhou, China.

  • What is the size of PayEco?

    PayEco has 296 total employees.

  • What industry is PayEco in?

    PayEco’s primary industry is Financial Software.

  • Is PayEco a private or public company?

    PayEco is a Private company.

  • What is the current valuation of PayEco?

    The current valuation of PayEco is .

  • What is PayEco’s current revenue?

    The current revenue for PayEco is .

  • How much funding has PayEco raised over time?

    PayEco has raised $8M.

  • Who are PayEco’s investors?

    CMBI & Syncapital, GF Xinde Investment Management, Huashan Capital, Maxwealth Fund, and RomaWay are 5 of 6 investors who have invested in PayEco.

  • When was PayEco acquired?

    PayEco was acquired on 25-Nov-2020.

  • Who acquired PayEco?

    PayEco was acquired by Kuaishou.

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