Paynas Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 73

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $1.68M

Paynas General Information

Description

Developer of a payroll enrollment platform designed to provide banking services and benefits to small-sized companies and their employees. The company's platform offers multiple human resource features such as employee and payroll management, recruitment management, task management and attendance management with a time logging track system.

Contact Information

Website
www.paynas.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 4 El Shaid Ahmed Nabil Street
  • Zamalek, Cairo Governorate, 12
  • Cairo Egypt
Primary Industry
Business/Productivity Software
Other Industries
Other Financial Services
Financial Software
Acquirer
ValU
Vertical(s)
HR Tech, SaaS, FinTech
Corporate Office
  • 4 El Shaid Ahmed Nabil Street
  • Zamalek, Cairo Governorate, 12
  • Cairo Egypt

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Paynas Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 22-Aug-2022 $1.68M Completed Generating Revenue
6. Early Stage VC 20-Dec-2020 Completed Generating Revenue
5. Seed Round 19-Dec-2019 Completed Generating Revenue
4. Grant 01-Dec-2019 Completed Generating Revenue
3. Seed Round 01-Dec-2019 Completed Generating Revenue
2. Grant 25-Jun-2019 $50K $28.2K Completed Generating Revenue
1. Accelerator/Incubator 01-May-2018 $28.2K $28.2K Completed Startup
To view Paynas’s complete valuation and funding history, request access »

Paynas Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Paynas Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
500 Global Accelerator/Incubator Minority
EFG EV Fintech Accelerator/Incubator Minority
Egypt Ventures Venture Capital Minority
Falak Startups Venture Capital Minority
SV8 Venture Capital Minority
You’re viewing 5 of 6 investors. Get the full list »

Ready to get started?

Request a free trial

Paynas FAQs

  • When was Paynas founded?

    Paynas was founded in 2018.

  • Where is Paynas headquartered?

    Paynas is headquartered in Cairo, Egypt.

  • What is the size of Paynas?

    Paynas has 73 total employees.

  • What industry is Paynas in?

    Paynas’s primary industry is Business/Productivity Software.

  • Is Paynas a private or public company?

    Paynas is a Private company.

  • What is the current valuation of Paynas?

    The current valuation of Paynas is .

  • What is Paynas’s current revenue?

    The current revenue for Paynas is .

  • How much funding has Paynas raised over time?

    Paynas has raised $372K.

  • Who are Paynas’s investors?

    500 Global, EFG EV Fintech, Egypt Ventures, Falak Startups, and SV8 are 5 of 6 investors who have invested in Paynas.

  • When was Paynas acquired?

    Paynas was acquired on 22-Aug-2022.

  • Who acquired Paynas?

    Paynas was acquired by ValU.

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