About Modern Pay
Modern Pay is a company based in United States founded in 2019. It operates as a B2B, and SaaS. Modern Pay offers products and services including Merchant Services, Alternative Payment Solutions, and Full Service Payment Platform. Modern Pay operates in a competitive market with competitors including Stripe, PayPal, Flutterwave, Square and Wright Express, among others.
- Headquarter United States
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
- Legal Name Modern Pay Llc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
-
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 Modern Pay
Modern Pay offers a comprehensive portfolio of products and services, including Merchant Services, Alternative Payment Solutions, and Full Service Payment Platform. 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.
Platform for secure payment handling in business transactions.
Custom tools for diverse payment methods and integrations.
Comprehensive system for easy business payment management.
Funding Insights of Modern Pay
| 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 |
Investments & Acquisitions by Modern Pay
| 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 - Modern Pay
| 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 |
Modern Pay Comparisons
Competitors of Modern Pay
Modern Pay 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 Stripe, PayPal, Flutterwave, Square and Wright Express, 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 |
Payment processing and card issuance solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Online payment solutions are offered to consumers and businesses.
|
|
| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
|
|
| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
|
|
| domain | founded_year | HQ Location |
Employee benefit administration and payment solutions are provided for enterprises.
|
|
| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
|
| 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 Modern Pay
When was Modern Pay founded?
Modern Pay was founded in 2019.
Where is Modern Pay located?
Modern Pay is headquartered in United States.
What does Modern Pay do?
Modern Pay LLC is a company based in New York, USA, that specializes in delivering tailored payment and banking solutions to accelerate business operations. It focuses on secure, technology-centric platforms for easy integration, serving industries such as parking, ecommerce, education, and healthcare. The company emphasizes top security and custom growth solutions through full-service payment options, helping clients manage transactions efficiently and adapt to evolving technologies.
Who are the top competitors of Modern Pay?
Modern Pay's top competitors include Stripe, PayU and Flutterwave.
What products or services does Modern Pay offer?
Modern Pay offers Merchant Services, Alternative Payment Solutions, and Full Service Payment Platform.