About 2Pay
2Pay is a 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. 2Pay operates in a competitive market with competitors including MoneyGram, Satispay, EasyPol, CarePay and Remoney, among others.
- Headquarter Venice, Italy
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name 2 Pay Imel S.R.L.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.83 M (USD)
in 1 rounds
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Latest Funding Round
$3.83 M (USD), Angel Round
Feb 01, 2016
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Investors
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Employee Count
Employee Count
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Products & Services of 2Pay
2Pay offers a comprehensive portfolio of products and services, including Payment Cards and Client Accounts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 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 Total Funding
- Total Rounds 1
- Last Round Angel Round — $3.8M
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First Round
First Round
(01 Feb 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Angel Round - 2Pay | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by 2Pay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 2Pay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
2Pay Comparisons
Competitors of 2Pay
2Pay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MoneyGram, Satispay, EasyPol, CarePay and Remoney, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
Wallet-based payment solution for consumers
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| domain | founded_year | HQ Location |
App-based payment solutions are offered to consumers and businesses.
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| domain | founded_year | HQ Location |
Provider of a health insurance platform for global insurers
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| domain | founded_year | HQ Location |
Digital wallet app for payments, cashback, and loyalty programs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 2Pay
When was 2Pay founded?
2Pay was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is 2Pay located?
2Pay is headquartered in Venice, Italy. It is registered at Venice, Veneto, Italy.
Is 2Pay a funded company?
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 01, 2016.
What does 2Pay do?
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.
Who are the top competitors of 2Pay?
What products or services does 2Pay offer?
2Pay offers Payment Cards and Client Accounts.