M-BIRR

Addis Ababa, Ethiopia Founded: 2009 • Age: 17 yrs
Carrier billing solutions for payments

About M-BIRR

M-BIRR is a company based in Addis Ababa (Ethiopia) founded in 2009 by James Noctor. M-BIRR has raised $14.84 million across 2 funding rounds from investors including DEG. M-BIRR operates in a competitive market with competitors including Paytailor and SimBirr, among others.

  • Headquarter Addis Ababa, Ethiopia
  • Founders James Noctor
  • Sectors
    Financial Services
  • Website mbirr.com
  • Social X Facebook
Key Metrics
  • Total Equity Funding
    $14.84M (USD)

    in 2 rounds

  • Latest Funding Round
    $9.87M (USD), Series A

    Mar 2018

  • Investors

Funding Insights of M-BIRR

M-BIRR has successfully raised a total of $14.84M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9.87 million completed in March 2018. 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 $14.84M
  • Total Rounds 2
  • Last Round Series A β€” $9.87M
  • First Round $4.97M

    (Jan 2018)

  • Investors Count 1

All 2 funding rounds of M-BIRR with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2018$9.87MSeries A––
–
Jan 2018$4.97MSeries A–DEG
–
Valuation history

1 investors in total: 1 institutional.

Investors in M-BIRR

M-BIRR has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include DEG.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity firm focused on growth equities
–deginvest.deCologne, Germany
Premium access

Investor details for M-BIRR

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of M-BIRR

1 people are tracked at M-BIRR (1 in leadership).

NameRoleGroup
James Noctor
Co-FounderLeadership
Premium access

Complete people profiles for M-BIRR

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of M-BIRR

3 dated milestones of M-BIRR across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded M-BIRR is founded.
  2. Funding First funding round of $5.0M.
  3. Funding Latest funding round, Series A, of $9.9M.

Competitors of M-BIRR

M-BIRR 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 Paytailor and SimBirr, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
paytailor.com2014Tallinn, Estonia$75,0141
Mobile payments are enabled via carrier billing for merchants.
simbirr.com2016Addis Ababa, Ethiopia––
Provides a payment solution for accepting mobile money and airtime billing.
Premium access

Detailed competitors of M-BIRR

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on M-Birr

[Ethiopia] DEG invests $5million in M-BIRR mobile money service
Africa Business Communities β€’ 8 years ago
Premium access

Complete news archive for M-BIRR

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to M-BIRR

10 companies that operate in the same segment as M-BIRR (Payments & Remittance Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 4.14 B––
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 B––
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B––
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B2,360
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 742 MUSD 302.19 M2,641
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 3.21 B––
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 604.02 MUSD 179.52 M709
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Online payment processing and credit solutions are provided for businesses.
2002Amsterdam, NetherlandsUSD 35.15 MUSD 5.47 B1,200
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track β€” from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • βœ“
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • βœ“
    Full access to every database India & global coverage, advanced filters and rich profile details
  • βœ“
    Always-on access from your team account Single premium plan for everything you see on the portal

Frequently Asked Questions about M-BIRR

M-BIRR was founded in 2009 and raised its 1st funding round 9 years after it was founded.

M-BIRR is headquartered in Addis Ababa, Ethiopia.

M-BIRR is a funded company, having raised a total of $14.84M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.97M, raised on Jan 2018.

M-BIRR was established in 2009 in Addis Ababa, Ethiopia, within the fintech sector. Carrier billing services are delivered to enable money transfers, utility bill payments, and settlements for offline purchases. A network of agents supports wallet funding and withdrawals. Transaction fees are applied across these operations, facilitating accessible financial services in the region.

M-BIRR's top competitors include Paytailor and SimBirr.

M-BIRR has 1 investor. Key investors include DEG.

Explore millions of companies β€” effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals β€” all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available