Payit (App) Overview

  • Founded
  • 2015
Founded
  • Status
  • Acquired/​Merged
  • Latest Deal Type
  • M&A

Payit (App) General Information

Description

Provider of a mobile payment platform intended to facilitate digital and cashless transactions. The company's application derives encrypted data from bank accounts, verifies banking details and user identity and transacts funds safely to preferred destinations, enabling users to collect payments from friends during emergency without having to move to banks or stand in long queues.

Contact Information

Website
www.payit.mx
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly Accelerator/Incubator backed
Primary Industry
Financial Software
Parent Company
Primary Office
  • Río Nazas 171
  • Cuauhtémoc
  • Mexico City, 06500
  • Mexico
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Payit (App) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 07-Feb-2019 000.00 Completed Generating Revenue
3. Accelerator/Incubator 16-Oct-2017 000.00 000.00 00000 Completed Generating Revenue
2. Accelerator/Incubator 01-Jan-2017 Completed Generating Revenue
1. Accelerator/Incubator 01-Jan-2015 Completed Generating Revenue
To view Payit (App)’s complete valuation and funding history, request access »

Payit (App) Executive Team (3)

Name Title Board Seat Contact Info
Miguel Cervantes Co-Founder & Chief Technology Officer
Jorge Mexia Co-Founder
Martin Méxia Co-Founder
To view Payit (App)’s complete executive team members history, request access »

Payit (App) Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Collective Venture Building Accelerator/Incubator Minority 000 0000 000000 0
Investo Venture Capital Minority 000 0000 000000 0
Startupbootcamp Accelerator/Incubator Minority 000 0000 000000 0
To view Payit (App)’s complete investors history, request access »