About HyperPay
HyperPay is a company based in Riyadh (Saudi Arabia) founded in 2014 by Muhannad Ebwini. HyperPay has raised $36.7 million across 2 funding rounds from investors including Mastercard, Amwal Capital Partners and AB Ventures. HyperPay has completed 1 acquisition, including Sanad Cash. HyperPay operates in a competitive market with competitors including Flutterwave, PayU, Network International, CyberSource and Wirecard, among others.
- Headquarter Riyadh, Saudi Arabia
- Founders Muhannad Ebwini
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Sectors
Financial Services
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Email
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Phone
Locked
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$36.7 M (USD)
in 2 rounds
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Latest Funding Round
$36.7 M (USD), Series B
May 26, 2022
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Investors
Mastercard
& 6 more
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Employee Count
Not available
- Investments & Acquisitions
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People of HyperPay
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Funding Insights of HyperPay
HyperPay has successfully raised a total of $36.7M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $36.7 million completed in May 2022. 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.
Investors in HyperPay
HyperPay has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Mastercard, Amwal Capital Partners and AB Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in early-stage fintech startups by AB Ventures.
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Private equity firm investing in multiple sectors
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Funding solutions are offered by SVC to startups and entrepreneurs.
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Locked | Locked | Locked |
Investor details for HyperPay
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by HyperPay
HyperPay has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sanad Cash.
Investment portfolio details for HyperPay
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of employee benefit services
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Locked | Locked | 2020 | Locked |
Complete acquisition details for HyperPay
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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Financial Statements - HyperPay
Detailed financials for HyperPay
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- Profit trends
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Hyperpay Comparisons
Peer comparison for HyperPay
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Competitors of HyperPay
HyperPay 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 Flutterwave, PayU, Network International, CyberSource and Wirecard, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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Network International is recognized as a leading digital payment provider in the Middle East and Africa.
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Global e-commerce payment processing and security services are managed.
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Payment processing solutions are provided for businesses and merchants.
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Detailed competitors of HyperPay
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Latest news on Hyperpay
Complete news archive for HyperPay
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Frequently Asked Questions about HyperPay
HyperPay was founded in 2014 and raised its 1st funding round 5 years after it was founded.
HyperPay is headquartered in Riyadh, Saudi Arabia.
Muhannad Ebwini is the current CEO of HyperPay. They have also founded this company.
HyperPay is a funded company, having raised a total of $36.7M across 2 funding rounds to date.
HyperPay was founded in 2014 in Riyadh, Saudi Arabia, and operates within the fintech sector. Payment solutions, including international payments, checkout processes, bill payments, and payouts, are offered to businesses. Additional features encompass transaction analytics and multi-currency options. The company supports various financial operations across regional markets.
HyperPay's top competitors include PayU, Flutterwave and Network International.
HyperPay has made 1 acquisition, including Sanad Cash.
HyperPay has 7 investors. Key investors include Mastercard, Amwal Capital Partners, AB Ventures, Mad'a Investment, and SVC.