About ForaPay
ForaPay is a company based in North York (Canada) founded in 2021. It operates as a B2B. ForaPay operates in a competitive market with competitors including MoneyGram, Chipper Cash, WorldRemit, Wave Systems and PaySend, among others.
- Headquarter North York, Canada
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Sectors
Financial Services
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of ForaPay
| 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 ForaPay
| 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 - ForaPay
| 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 |
Forapay Comparisons
Competitors of ForaPay
ForaPay 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, Chipper Cash, WorldRemit, Wave Systems and PaySend, 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 |
Cross-border remittances are enabled for individuals through a mobile wallet.
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| domain | founded_year | HQ Location |
Banking channel for cross border money transfers
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| domain | founded_year | HQ Location |
Cross-border money transfers are enabled via an app-based wallet.
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| domain | founded_year | HQ Location |
Cross-border money transfers are enabled via digital wallet.
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| domain | founded_year | HQ Location |
Cross-border money transfers are enabled by an app-based digital wallet.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 ForaPay
When was ForaPay founded?
ForaPay was founded in 2021.
Where is ForaPay located?
ForaPay is headquartered in North York, Canada. It is registered at North York, Ontario, Canada.
What does ForaPay do?
ForaPay provides licensed digital services for managing digital assets, focusing on finance, digital services, managing assets, and digital assets. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of ForaPay?
ForaPay's top competitors include Chipper Cash, Taptap Send and WorldRemit.