About MPayMe
MPayMe is a Financial Services company based in Hong Kong (China) founded in 2010, and was acquired by Powa in June 2014. QR code based mobile payment service provider. Its focus areas include FinTech, Payments, Consumer Payments and Wallets. Its competitors include TNG Wallet, Suning Finance and AlipayHK; 2 of its 3 listed competitors have raised funding.
Company details
MPayMe was founded in 2010 in Hong Kong, China, within the mobile payments sector. The ZNAP platform is operated to allow consumers to link credit or debit cards to a smartphone app, scan merchant QR codes for point-of-sale transactions, and authenticate via PIN. Coupons and loyalty points are redeemed through the integrated wallet. Additional services include loyalty integration, business intelligence, in-app communication, and offer marketing for businesses.
- Headquarters Hong Kong, China
- Stage Acquired
- SectorsFinancial Services
- Website mpayme.com
- Social LinkedIn X Facebook
- Acquired by Powa (Jun 2014)
Investors in MPayMe
MPayMe has secured backing from 1 investor. Prominent investors backing the company include Powa.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PoS and gateway solutions for merchants and e-commerce. | 2007 | powa.com | London, United Kingdom |
Investor details for MPayMe
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- Complete investor list
- Round participation
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Timeline of MPayMe
2 dated milestones of MPayMe across 4 years, from founding to its latest funding, stage changes and deals.
- Founded MPayMe is founded.
- Exit Acquired by Powa.
Competitors of MPayMe
MPayMe has 3 listed competitors in our database, 2 of them funded. They include TNG Wallet, Suning Finance and AlipayHK.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tngwallet.hk | 2013 | Hong Kong, China | $115M | NFC-enabled wallet is provided for consumer payments and transfers. | ||
| jinrong.suning.com | 2015 | Nanjing, China | $3.23B | Financial products are offered via an online platform. | ||
| alipayhk.com | 2016 | Hong Kong, China | Operates an app-based mobile wallet for secure transactions. |
Detailed competitors of MPayMe
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Frequently Asked Questions about MPayMe
MPayMe was founded in 2010.
MPayMe is headquartered in Hong Kong, China.
MPayMe was founded in 2010 in Hong Kong, China, within the mobile payments sector. The ZNAP platform is operated to allow consumers to link credit or debit cards to a smartphone app, scan merchant QR codes for point-of-sale transactions, and authenticate via PIN. Coupons and loyalty points are redeemed through the integrated wallet. Additional services include loyalty integration, business intelligence, in-app communication, and offer marketing for businesses.
MPayMe's top competitors include TNG Wallet, Suning Finance and AlipayHK.
MPayMe has 1 investor. Key investors include Powa.
Yes. MPayMe was acquired by Powa in June 2014.