About Element Payments
Element Payments is a Financial Services company based in Bangkok (Thailand) founded in 2018, and was acquired by Circle in September 2022. Payment processing services are provided by Element Payments in Thailand. Its focus areas include FinTech, Payments, Enablers and Card Networks.
Company details
Element Payments was founded in 2018 and is headquartered in Bangkok, Thailand. Operations focus on the fintech sector, where payment processing services are delivered to businesses. Core activities include transaction handling, secure gateways, and integration solutions for merchants. Leadership is provided by Managing Director Ray Ahmad. The company serves regional markets with emphasis on efficient digital payment infrastructure.
- Headquarters Bangkok, Thailand
- Stage Acquired
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website elementpay.io
- Social LinkedIn Facebook Instagram
- Acquired by Circle (Sep 2022)
Investors in Element Payments
Element Payments has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Circle.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | circle.com | Boston, United States |
Investor details for Element Payments
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People of Element Payments
3 people are tracked at Element Payments (2 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Ray Ahmad | Managing Director | Leadership |
Jehangir Abbas Awan | Chief Operating Officer & Company Secretary (Pakistan) | Leadership |
Chawin Udomsawangchoke | Businesss Development Manager | Team |
Complete people profiles for Element Payments
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- Team structure
- Board tenure
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Timeline of Element Payments
2 dated milestones of Element Payments across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Element Payments is founded.
- Exit Acquired by Circle.
Web traffic of Element Payments
The website of Element Payments (elementpay.io) receives about 3.7K visits a month.
- Monthly visits3.7K
▼ 44.5% vs previous month
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Related news about Element Payments
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Frequently Asked Questions about Element Payments
Element Payments was founded in 2018.
Element Payments is headquartered in Bangkok, Thailand.
Element Payments was founded in 2018 and is headquartered in Bangkok, Thailand. Operations focus on the fintech sector, where payment processing services are delivered to businesses. Core activities include transaction handling, secure gateways, and integration solutions for merchants. Leadership is provided by Managing Director Ray Ahmad. The company serves regional markets with emphasis on efficient digital payment infrastructure.
Element Payments has 1 investor. Key investors include Circle.
Yes. Element Payments was acquired by Circle in September 2022.

