PayNest

Payments Anywhere, Anytime

General Information
Company Name
PayNest
Founded Year
2021
Location (Offices)
United Arab Emirates +1
Founders / Decision Makers
Number of Employees
30
Industries
Fintech, Information Technology, Payments
Funding Stage
Seed
Social Media

PayNest - Company Profile

PayNest is a promising Fintech startup with the slogan "Payments Anywhere, Anytime." Founded in 2019 in the United Arab Emirates, PayNest has rapidly gained attention in the Information Technology and Payments industries. The company's core mission is to digitize cash collection, offering a revolutionary solution in the financial technology sector. In December 2023, PayNest secured a significant €2.00M in a Seed Round investment. The funding was backed by reputable investors including Iberis Capital, LINCE CAPITAL, M4 Ventures, and BlueCrow Capital. This investment not only validates the potential of PayNest but also provides a strong financial foundation for the company to further develop and expand its innovative payment amalgamator. The success of this recent funding round signifies the confidence that notable investors have in PayNest's vision and potential for growth. The company's ability to attract such established investors reflects positively on its market positioning and long-term strategies within the competitive Fintech landscape. PayNest's unique approach to transforming digital payments has the potential to disrupt the industry, making it a compelling opportunity for potential future investment and a force to be reckoned with in the global payments arena.

Taxonomy: payments, digital payments, cash collection, payment processing, mobile payments, payment aggregation, payment solutions, payment technology

Funding Rounds & Investors of PayNest (2)

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Funding Stage Amount No. Investors Investors Date
Seed Round €2.00M 4 12 Dec 2023
Pre Seed Round Unknown - 01 Jun 2020

Latest News of PayNest

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No recent news or press coverage available for PayNest .

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