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
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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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
Employee Count
- Investments & Acquisitions
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $36.7M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series B - HyperPay | Valuation | Mastercard | |
| Dec, 2019 | Amount | Series A - HyperPay | Valuation | Mad'a Investment |
| 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 |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| 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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Founded Year | Domain | Location | |
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Private equity firm investing in multiple sectors
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Founded Year | Domain | Location | |
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Funding solutions are offered by SVC to startups and entrepreneurs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HyperPay
HyperPay has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sanad Cash. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of employee benefit services
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HyperPay
| 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 |
Hyperpay Comparisons
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. 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 |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Network International is recognized as a leading digital payment provider in the Middle East and Africa.
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| domain | founded_year | HQ Location |
Global e-commerce payment processing and security services are managed.
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| domain | founded_year | HQ Location |
Payment processing solutions are provided for businesses and merchants.
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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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Latest news on Hyperpay
Frequently Asked Questions about HyperPay
When was HyperPay founded?
HyperPay was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is HyperPay located?
HyperPay is headquartered in Riyadh, Saudi Arabia.
Who is the current CEO of HyperPay?
Muhannad Ebwini is the current CEO of HyperPay. They have also founded this company.
Is HyperPay a funded company?
HyperPay is a funded company, having raised a total of $36.7M across 2 funding rounds to date.
What does HyperPay do?
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.
Who are the top competitors of HyperPay?
HyperPay's top competitors include PayU, Flutterwave and Network International.
How many acquisitions has HyperPay made?
HyperPay has made 1 acquisition, including Sanad Cash.
Who are HyperPay's investors?
HyperPay has 7 investors. Key investors include Mastercard, Amwal Capital Partners, AB Ventures, Mad'a Investment, and SVC.
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