MenaPay
company
About
Blockchain-based, fully backed cryptocurrency to provide a secure and transparent payment gateway
- Dubai,Dubai,United Arab Emirates
- 11 - 50
- https://www.menapay.io/
Details
- Last Funding Type
- Seed
- Industries
- Blockchain,FinTech,Payments
- Founded date
- Nov 1, 2017
- Number Of Employee
- 11 - 50
- Operating Status
- Active
MenaPay is the first, fully backed blockchain-based payment gateway in the Middle East and North Africa. MenaPay replaces traditional payment methods with a blockchain-based fully backed cryptocurrency. This provides a secure and transparent payment gateway to enable transactions for every aspect of daily life.The MenaPay project is started to serve 441 million people in MENA region with its Arabic user-friendly interface.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
3
$100K
MenaPay has raised a total of
$100K
in funding over 2 rounds. Their latest funding was raised on
Jul 29, 2020 from a Series Unknown round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jul 29, 2020 | Series Unknown | — | 1 |
CoinShares
|
— | Detail |
| May 22, 2019 | Angel | $100K | 1 | — | — | Detail |
| Jun 2, 2018 | Seed | — | 2 |
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
2
4
MenaPay is funded by 4 investors.
CoinShares
and Boğaziçi Ventures
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
CoinShares
|
Yes | Series Unknown |
|
|
Yes | Seed |
|
|
— | Angel |
Deniz Devrim Cengiz
|
— | Seed |
Employee Profiles
Number of Employee Profiles
5
MenaPay has 5 current employee profiles, including
Executive Burak Balık
Executive
Board member
Executive
Advisor
Executive
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