About 2Pay
2Pay is a Financial Services company based in Venice (Italy) founded in 2015. 2Pay has raised $3.83 million across 1 funding round. 2Pay offers products and services including Payment Cards and Client Accounts. Its focus areas include FinTech, Payments, Consumer Payments and Wallets. Its legal entity is 2 Pay IMEL S.r.l. Its competitors include Satispay, EasyPol and Remoney; 2 of its 3 listed competitors have raised funding.
Company details
Provider of electronic money issuance and payment services. The company offered services including the issuance of electronic money and the processing of payments. Following regulatory action, the company ceased operations, and is now focused on reimbursing clients and creditors according to banking regulations. Reimbursements are processed via bank transfer, with varying procedures for named and anonymous accounts. Clients are required to submit documentation to facilitate the reimbursement process for certain account types.
- Total Equity Funding$3.83M (USD)
in 1 rounds
- Latest Funding Round$3.83M (USD), Angel Round
Feb 2016
Products & Services of 2Pay
2Pay offers a comprehensive portfolio of products and services, including Payment Cards and Client Accounts.
Prepaid cards for electronic money transfers and account management.
Accounts for storing and transferring electronic funds securely.
Funding Insights of 2Pay
2Pay has successfully raised a total of $3.83M through 1 strategic funding round. The most recent funding activity was a Angel Round of $3.83 million completed in February 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.83M
- Total Rounds 1
- Last Round Angel Round — $3.83M
- First Round $3.83M
(Feb 2016)
All 1 funding rounds of 2Pay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2016 | $3.83M | Angel Round | – | – | – |
Timeline of 2Pay
2 dated milestones of 2Pay across 1 years, from founding to its latest funding, stage changes and deals.
- Founded 2Pay is founded.
- Funding First funding round of $3.8M.
Competitors of 2Pay
2Pay has 3 listed competitors in our database, 2 of them funded. They include Satispay, EasyPol and Remoney.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| satispay.com | 2013 | Milan, Italy | $501.24M | 300 | Wallet-based payment solution for consumers | |
| easypol.io | 2018 | Rome, Italy | $2.87M | App-based payment solutions are offered to consumers and businesses. | ||
| remoney.it | 2020 | Milano, Italy | Digital wallet app for payments, cashback, and loyalty programs. |
Detailed competitors of 2Pay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Frequently Asked Questions about 2Pay
2Pay was founded in 2015 and raised its 1st funding round 1 year after it was founded.
2Pay is headquartered in Venice, Italy. It is registered at Venice, Veneto, Italy.
2Pay is a funded company, having raised a total of $3.83M across 1 funding round to date. The company's 1st funding round was a Angel Round of $3.83M, raised on Feb 2016.
Provider of electronic money issuance and payment services. The company offered services including the issuance of electronic money and the processing of payments. Following regulatory action, the company ceased operations, and is now focused on reimbursing clients and creditors according to banking regulations. Reimbursements are processed via bank transfer, with varying procedures for named and anonymous accounts. Clients are required to submit documentation to facilitate the reimbursement process for certain account types.
2Pay offers Payment Cards and Client Accounts.
2Pay operates through 2 Pay Imel S.R.L..