About MPT PAY
MPT PAY is a company based in Sheffield (United Kingdom) founded in 2019.. MPT PAY has raised $10 million across 1 funding round from investors including KiwiTech. MPT PAY offers products and services including QR Payment and AI Psy Help. MPT PAY operates in a competitive market with competitors including Monese, Kashet, Fortu, Zvilo and Interpolitan Money, among others.
- Headquarter Sheffield, United Kingdom
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Mpt Pay Limited
- Date of Incorporation 13 Nov, 2018
- Jurisdiction SHEFFIELD, SOUTH YORKSHIRE, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Seed
Oct 01, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of MPT PAY
MPT PAY offers a comprehensive portfolio of products and services, including QR Payment and AI Psy Help. 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.
Enables quick QR code payments for merchants without card entry.
Provides 24/7 AI-based psychological support platform for users.
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Funding Insights of MPT PAY
MPT PAY has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Seed round of $10 million completed in October 2020. 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 — $10.0M
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First Round
First Round
(01 Oct 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Seed - MPT PAY | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MPT PAY
MPT PAY has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include KiwiTech. 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 |
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KiwiTech is recognized as a technology services provider focused on innovation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MPT PAY
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MPT PAY
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mpt Pay Comparisons
Competitors of MPT PAY
MPT 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 Monese, Kashet, Fortu, Zvilo and Interpolitan Money, 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 |
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| domain | founded_year | HQ Location |
Digital banking services are offered to individuals and businesses.
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| domain | founded_year | HQ Location |
Digital banking services are offered to individuals and businesses.
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| domain | founded_year | HQ Location |
Digital banking services are offered to high-net-worth individuals and businesses.
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| domain | founded_year | HQ Location |
Digital banking services are offered to individuals and businesses.
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| domain | founded_year | HQ Location |
Provides multi-currency accounts, cross-border payments, and escrow for individuals and businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about MPT PAY
When was MPT PAY founded?
MPT PAY was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is MPT PAY located?
MPT PAY is headquartered in Sheffield, United Kingdom. It is registered at Sheffield, England, United Kingdom.
Is MPT PAY a funded company?
MPT PAY is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Seed of $10M, raised on Oct 01, 2020.
What does MPT PAY do?
MPT PAY is a digital-only bank for individuals and businesses. The company offers Euro IBAN account and debit card linked to the account. Supports international payments and charges a commission fee of 1-1.5. Allows users to open electronic wallets in over 150 currencies.
What products or services does MPT PAY offer?
MPT PAY offers QR Payment and AI Psy Help.
Who are MPT PAY's investors?
MPT PAY has 1 investor. Key investors include KiwiTech.
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