About MiPayWay
MiPayWay was a Financial Services company based in Wake Forest (United States) founded in 2014. A mobile app for facilitating donations, gratuities, and tips. It operates on a B2C model. The company has 217 employees. Its Indian entity Way Dot Com India Private Limited reported revenue of ₹24.78 Cr. The company is recorded as dissolved. Its focus areas include Fintech, Payment Solutions and Mobile Donations. Its competitors include Bump, Facepay and Bling Nation; 3 of its 3 listed competitors have raised funding.
Company details
MiPayWay, established in 2014 and currently in Dissolved stage, focuses on offering financial products and advice, fintech, providing payment solutions, and mobile donations. A mobile app for facilitating donations, gratuities, and tips. Adapting to market demands with innovation and client-focused strategies.
- Headquarters Wake Forest, United States
- Employees 217
- SectorsFinancial Services
- Website mipayway.com
- Social X Facebook
- Legal Name Way Dot Com India Private Limited
- Date of Incorporation 28 Feb, 2017
- Jurisdiction Thiruvananthapuram, Kerala, India
- Indian entity revenue₹24.78 Cr
FY 2024 · +36% YoY
- Indian entity net profit₹1.52 Cr
FY 2024 · 6% margin
- Indian entity EBITDA₹2.35 Cr
FY 2024 · 9% margin
- Employee Count217
Associated legal entities of MiPayWay
MiPayWay operates through Way Dot Com India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Way Dot Com India Private Limited CIN U72200KL2017PTC048406 | Active | 28 Feb 2017 | Thiruvananthapuram, Kerala | ₹24.8 Cr | 217 | 2 | View details |
Board of directors of Way Dot Com India Private Limited (MiPayWay)
Way Dot Com India Private Limited is the primary company behind MiPayWay. The board of Way Dot Com India Private Limited currently have 2 directors; the longest-serving is Briji Sathi Kumar, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Briji Sathi Kumar DIN 07743577 | Managing Director | 28 Feb 2017 | 9 yrs 8 mo | Way Dot Com India Private Limited |
| Thamarashan Girija Binumon DIN 00630622 | Director | 28 Feb 2017 | 9 yrs 8 mo | Way Dot Com India Private Limited |
Financials of MiPayWay
Figures of Way Dot Com India Private Limited, the primary company behind MiPayWay, for FY 2024. Revenue was ₹24.78 Cr (+36% year on year). Net profit was ₹1.52 Cr (6% margin). EBITDA was ₹2.35 Cr (9% margin). Revenue has grown at a compounded annual rate of +54% over three years and +83% over five years.
- ₹24.78 CrRevenue · FY 2024 · +36% YoY
- ₹1.52 CrNet profit · 6% margin
- ₹2.35 CrEBITDA · 9% margin
- ₹2 LakhPaid-up capital
- 217Employees (provident fund records)
- +54%Revenue CAGR, 3 years
- +83%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Way Dot Com India Private Limited are on its company page.
Detailed financial statements for MiPayWay
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Competitors of MiPayWay
MiPayWay has 3 listed competitors in our database, 3 of them funded. They include Bump, Facepay and Bling Nation.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bu.mp | 2008 | Mountain View, United States | $16.13M | P2P money transfer via smartphones using NFC technology | ||
| facepay.io | 2015 | San Francisco, United States | $2.1M | Provider of face scanning technology to pay at merchant site | ||
| blingnation.com | 2007 | Palo Alto, United States | $28M | Provides an NFC-based digital wallet for secure consumer payments. |
Detailed competitors of MiPayWay
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Related news about Mipayway
Complete news archive for MiPayWay
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Frequently Asked Questions about MiPayWay
MiPayWay was founded in 2014.
MiPayWay is headquartered in Wake Forest, United States. It is registered at Wake Forest, North Carolina, United States.
MiPayWay has 217 employees.
The primary company behind MiPayWay, Way Dot Com India Private Limited, reported revenue of ₹24.78 Cr for FY 2024, up 36% year on year.
MiPayWay, established in 2014 and currently in Dissolved stage, focuses on offering financial products and advice, fintech, providing payment solutions, and mobile donations. A mobile app for facilitating donations, gratuities, and tips. Adapting to market demands with innovation and client-focused strategies.
MiPayWay's top competitors include Bump, Facepay and Bling Nation.
MiPayWay operates through Way Dot Com India Private Limited.
The legal entities of MiPayWay currently have 2 directors, including Briji Sathi Kumar, Thamarashan Girija Binumon.