About Kamelpay
Kamelpay is a company based in Melbourne (Australia) founded in 2020 by Ehsan Rahman.. Kamelpay has raised $1 million across 1 funding round from investors including Hussain Al Qemzi and Asif Keshodia. Kamelpay offers products and services including PayD Card, Centiv Card, and Kamel Pay App. Kamelpay operates in a competitive market with competitors including Sodexo, Weel, Budgetly, 247 Billing and Pay The Nanny, among others.
- Headquarter Melbourne, Australia
- Founders Ehsan Rahman
-
Sectors
TechnologyTravel & Hospitality Financial Services
-
Phone
*********
-
Website
*********
- Legal Name Haq Kamelpay Services Llc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$1 M (USD)
in 1 rounds
-
Latest Funding Round
$1 M (USD), Seed
Mar 14, 2022
-
Investors
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Kamelpay
Kamelpay offers a comprehensive portfolio of products and services, including PayD Card, Centiv Card, and Kamel Pay App. 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.
Facilitates salary disbursement and secure transactions for employees.
Automates invoices and spending controls for business operations.
Enables fund tracking, bill payments, and remittances via digital platform.
Unlock access to complete
Unlock access to complete
Funding Insights of Kamelpay
Kamelpay has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in March 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 1
- Last Round Seed — $1.0M
-
First Round
First Round
(14 Mar 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - Kamelpay | Valuation | Hussain Al Qemzi , Asif Keshodia |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kamelpay
Kamelpay has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Hussain Al Qemzi and Asif Keshodia. 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 |
|---|---|---|---|---|
|
HA
Hussain Al Qemzi |
Angel investor and entrepreneur, focused on tech startups in India and MENA.
|
Founded Year | Domain | Location |
|
AK
Asif Keshodia |
Angel investor and entrepreneur, focusing on tech startups in India.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Kamelpay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Kamelpay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kamelpay Comparisons
Competitors of Kamelpay
Kamelpay 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 Sodexo, Weel, Budgetly, 247 Billing and Pay The Nanny, 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 |
Employee benefits payment cards are provided via an online platform.
|
|
| domain | founded_year | HQ Location |
Prepaid cards for employee financial benefits are provided.
|
|
| domain | founded_year | HQ Location |
Automates expense tracking, budgeting, and spend management for businesses.
|
|
| domain | founded_year | HQ Location |
Offers app-based credit card processing solutions for individuals and businesses.
|
|
| domain | founded_year | HQ Location |
Provides automated payroll solutions for nannies, managing taxes and paperwork efficiently.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Kamelpay
When was Kamelpay founded?
Kamelpay was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Kamelpay located?
Kamelpay is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of Kamelpay?
Ehsan Rahman is the current CEO of Kamelpay. They have also founded this company.
Is Kamelpay a funded company?
Kamelpay is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Mar 14, 2022.
What does Kamelpay do?
Kamelpay was founded in 2020 in Melbourne, Australia, as a provider in the fintech sector. Financial services are offered to businesses, enabling real-time monitoring of funds through a mobile application. Prepaid cards can be linked, and value-added services are accessible. Employees are supported in sending remittances and paying bills online, with operations focused on streamlined financial management.
Who are the top competitors of Kamelpay?
What products or services does Kamelpay offer?
Kamelpay offers PayD Card, Centiv Card, and Kamel Pay App.
Who are Kamelpay's investors?
Kamelpay has 2 investors. Key investors include Hussain Al Qemzi, and Asif Keshodia.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.