Paymennt Overview
- Year Founded
-
2017
- Status
-
Acquired/Merged
- Employees
-
16
- Latest Deal Type
-
M&A
Paymennt General Information
Description
Developer of an online payment gateway platform designed to focus on allowing non-e-commerce companies to get paid remotely. The company's platform will enable merchants to accept payment using payment links, an online e-commerce store, API integrations, and many more, using debit, credit, digital wallets, cryptocurrency, and loyalty points, enabling firms to use their reward points and redeem them for online shopping and helping SMEs with safe and fast payments.
Contact Information
Website
www.paymennt.com(Operating Subsidiary)
Corporate Office
- Marasi Drive
- Business Bay
- Dubai
- Dubai United Arab Emirates
Corporate Office
- Marasi Drive
- Business Bay
- Dubai
- Dubai United Arab Emirates
Paymennt Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 14-Feb-2023 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 3. Early Stage VC (Series A) | 01-Jun-2021 | Completed | Generating Revenue | |||
| 2. Seed Round | 09-Apr-2019 | $600K | $604K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 19-Feb-2018 | $4.08K | $4.08K | Completed | Generating Revenue |
Paymennt Comparisons
Industry
Financing
Details
Paymennt Competitors (11)
One of Paymennt’s 11 competitors is Clover Network, a Formerly VC-backed company based in Sunnyvale, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Clover Network | Formerly VC-backed | Sunnyvale, CA | ||||
| Ackroo Canada | Private Equity-Backed | London, Canada | ||||
| Curve | Formerly VC-backed | London, United Kingdom | ||||
| NumberMall | Venture Capital-Backed | Hyderabad, India | ||||
| Plastiq | Formerly VC-backed | San Francisco, CA |
Paymennt Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Paymennt Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Paymennt Former Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 500 Global | Accelerator/Incubator | Minority | ||
| Arzan Venture Capital | Corporate Venture Capital | Minority | ||
| Cedar Mundi Ventures | Venture Capital | Minority | ||
| Dubai Angel Investors | Venture Capital | Minority | ||
| Dubai Silicon Oasis Authority | Government | Minority |
Paymennt FAQs
-
When was Paymennt founded?
Paymennt was founded in 2017.
-
Where is Paymennt headquartered?
Paymennt is headquartered in Dubai, United Arab Emirates.
-
What is the size of Paymennt?
Paymennt has 16 total employees.
-
What industry is Paymennt in?
Paymennt’s primary industry is Financial Software.
-
Is Paymennt a private or public company?
Paymennt is a Private company.
-
What is Paymennt’s current revenue?
The current revenue for Paymennt is .
-
How much funding has Paymennt raised over time?
Paymennt has raised $1.3M.
-
Who are Paymennt’s investors?
500 Global, Arzan Venture Capital, Cedar Mundi Ventures, Dubai Angel Investors, and Dubai Silicon Oasis Authority are 5 of 9 investors who have invested in Paymennt.
-
Who are Paymennt’s competitors?
Clover Network, Ackroo Canada, Curve, NumberMall, and Plastiq are some of the 11 competitors of Paymennt.
-
When was Paymennt acquired?
Paymennt was acquired on 14-Feb-2023.
-
Who acquired Paymennt?
Paymennt was acquired by Hala.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
