About NewPay
NewPay is a company based in Moscow (Russia) founded in 2017 was acquired by Yandex in November 2024. It operates as a FinTech and Commission-Based. NewPay offers products and services including SBP Acquiring, Electronic Tips System, and QR Code Payments. NewPay operates in a competitive market with competitors including Welama Pay, among others.
- Headquarter Moscow, Russia
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Sectors
Financial Services
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Phone
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Website
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Products & Services of NewPay
NewPay offers a comprehensive portfolio of products and services, including SBP Acquiring, Electronic Tips System, and QR Code Payments.
Payment processing through SBP for business transactions is provided.
Electronic tipping integrated into payment screens is offered.
QR code-based payments for in-store transactions are enabled.
Funding Insights of NewPay
Detailed funding history for NewPay
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Investors in NewPay
NewPay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Yandex.
| Investor | Description | Founded Year | Domain | Location |
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Blog focusing on music, market, video, and other related topics
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Investor details for NewPay
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Investments & Acquisitions by NewPay
Investment portfolio details for NewPay
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Financial Statements - NewPay
Detailed financials for NewPay
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Newpay Comparisons
Peer comparison for NewPay
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Competitors of NewPay
NewPay 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 Welama Pay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Offers an app-based platform for seamless QR-code payment solutions.
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Detailed competitors of NewPay
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Latest news on Newpay
Complete news archive for NewPay
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Frequently Asked Questions about NewPay
NewPay was founded in 2017.
NewPay is headquartered in Moscow, Russia.
Payment processing services are offered by NewPay, focusing on SBP acquiring for businesses. Integration with popular systems is supported without requiring a change in settlement accounts. Customizable payment screens in brand style are provided, along with electronic tipping features. QR code payment options for in-store transactions and online store payments are facilitated. Mobile and web-based personal cabinets for operation statistics are made available to users in the financial technology sector.
NewPay's top competitors include Welama Pay.
NewPay offers SBP Acquiring, Electronic Tips System, and QR Code Payments.
NewPay has 1 investor. Key investors include Yandex.