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NayaPay logo — company profile

NayaPay

Founded 2016 Pakistan Karachi, Pakistan 323 employees Seed Total: $13.00M Financial Services, Platforms +1

General Information

Company Name NayaPay
Founded Year 2016
Location Pakistan Karachi, Pakistan
Employees 323
Industries Financial Services, Platforms, Banking
Funding Stage Seed
Social

BounceWatch is an independent company data service, not affiliated with NayaPay. To contact NayaPay, visit nayapay.com.

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About NayaPay

NayaPay is the first E-Money Institution in Pakistan, aiming to be the financial partner of choice for more than 1 million users. Founded in 2016, NayaPay is empowering underserved consumers and SMBs with better access to financial services. The platform caters to a diverse community, including students, freelancers, and digital natives, offering a chat-led super app and free Visa Virtual and physical cards. This allows any Pakistani citizen to open a NayaPay wallet on their smartphone in minutes, enabling everyday payments, money transfers, bill splitting, and more. For entrepreneurs, NayaPay provides access to E-money accounts, universal payment acceptance, and powerful financial management tools, supported by an easy-to-open business account and Visa card. The company is authorized and regulated by the State Bank of Pakistan as an Electronic Money Institution. Notably, at 24 February 2022, NayaPay secured a significant $13.00M Seed Round investment from prominent investors including Graph Ventures, Saison Capital, MSA Novo, Zayn Venture Capital (Formally Zayn Capital), Warren Hogarth, and Maple Leaf Capital. With a focus on financial services and banking, NayaPay presents a promising opportunity within the growing fintech landscape in Pakistan. For more information, visit www.nayapay.com.

Business keywords: E-Money Institution, Payment Solutions, Digital Wallet, Consumer Finance, SMBs, Mobile Payments, Visa Cards, Financial Inclusion, Regulated Institution, Pakistan, Financial Management

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $13.00M 6
Graph Ventures Saison Capital MSA Novo
Graph Ventures, Saison Capital +4
24 Feb 2022

NayaPay Alternatives & Competitors

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NayaPay vs
ConnectPay
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FAQ About NayaPay

The financial partner of choice for more than 2 million users. NayaPay, the first E-Money Institution in Pakistan, is a fintech platform empowering underserved consumers and SMBs with better access to financial services. NayaPay has built a community of students, freelancers, and digital natives f...
NayaPay was founded in 2016.
NayaPay is headquartered in Karachi, Pakistan.
NayaPay operates in Financial Services, Platforms and Banking. Its work centres on E-Money Institution, Payment Solutions, Digital Wallet and Consumer Finance.
NayaPay has approximately 323 employees.
NayaPay has completed 1 funding round, raising a total of $13.00M. The latest funding stage is Seed.
Top alternatives and competitors to NayaPay include ConnectPay, Jingle Pay, Satispay, Teknospire, PeP. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NayaPay and ConnectPay are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for NayaPay, https://bouncewatch.com/company/nayapay, updated 1 December 2024. When citing, please name BounceWatch and link this page.

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