About PastPay
PastPay is a company based in Budapest (Hungary) founded in 2019 by Benjamin Berenyi and Balint Reti. PastPay has raised $13.26 million across 1 funding round from investors including Advance Global Capital, MBH Bank and quanticfinancial.com. PastPay offers products and services including BNPL Payment Option and PastPay Portal. PastPay operates in a competitive market with competitors including Kriya, Hokodo, Playter, Treyd and Cutpay Merchant Services, among others.
- Headquarter Budapest, Hungary
- Founders Benjamin Berenyi, Balint Reti
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website pastpay.com/en
- Social LinkedIn X Facebook YouTube
- Total Equity Funding$13.26M (USD)
in 1 rounds
- Latest Funding Round$13.26M (USD), Series A
Sep 2024
- InvestorsAdvance Global Capital
& 7 more
Products & Services of PastPay
PastPay offers a comprehensive portfolio of products and services, including BNPL Payment Option and PastPay Portal.
Facilitates deferred payments for B2B buyers with instant merchant funds.
Manages multichannel payments and invoice financing for merchants.
Funding Insights of PastPay
PastPay has successfully raised a total of $13.26M through 1 strategic funding round. The most recent funding activity was a Series A round of $13.26 million completed in September 2024. 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 $13.26M
- Total Rounds 1
- Last Round Series A — $13.26M
- First Round $13.26M
(Sep 2024)
- Investors Count 8
All 1 funding rounds of PastPay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2024 | $13.26M | Series A | – | Platina |
8 investors in total: 6 institutional and 2 angel.
Investors in PastPay
PastPay has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Advance Global Capital, MBH Bank and quanticfinancial.com.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
STRT Holding is engaged in investment and education in Central Europe. | – | strt.hu | Hungary | |
- | – | bnlstart.com | - | |
Private equity investments and support for entrepreneurs in education, health, and sustainability sectors. | 2002 | platinapartners.com | - | |
Credit brokerage services are facilitated for financial clients internationally. | 2012 | advanceglobalcap.com | London, United Kingdom | |
JS Jared Schrieber | Co-founder of InfoScout, angel investor in Indian startups, tech enthusiast | – | unknown_6cf45fc118b34294a | - |
MR Mark Ransford | - | – | unknown_137a24160c254bc89 | - |
Serves as a leading bank in Hungary, providing banking services and digital solutions. | 2023 | mbhbank.com | Hungary | |
- | – | quanticfinancial.com | - |
Investor details for PastPay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of PastPay
2 people are tracked at PastPay (2 in leadership).
| Name | Role | Group |
|---|---|---|
Benjamin Berenyi | Co-Founder & CEO | Leadership |
Balint Reti | Co-Founder & COO | Leadership |
Complete people profiles for PastPay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of PastPay
2 dated milestones of PastPay across 5 years, from founding to its latest funding, stage changes and deals.
- Founded PastPay is founded.
- Funding First funding round of $13.3M.
Competitors of PastPay
PastPay 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 Kriya, Hokodo, Playter, Treyd and Cutpay Merchant Services, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kriya.co | 2010 | London, United Kingdom | $451.59M | 130 | Diversified business loans, payments, and authentication solutions are provided online. | |
| hokodo.co | 2018 | London, United Kingdom | $66.08M | – | API for invoicing platforms and marketplaces is developed. | |
| playter.co | 2020 | London, United Kingdom | $58.07M | 2 | Cloud-based financing is provided for enterprise recruitment processes. | |
| treyd.io | 2019 | Stockholm, Sweden | $28.11M | – | An online platform for BNPL solutions is offered to businesses. | |
| cutpay.co.uk | 2015 | Newcastle Upon Tyne, United Kingdom | – | 1 | Payment gateway for card payment solutions | |
| liridi.com | 2019 | London, United Kingdom | – | 2 | Hosts a digital marketplace for point-of-sale financing solutions. | |
| nowon.es | 2017 | Madrid, Spain | – | – | Provides digital platforms for business credit financing and sales operations. |
Detailed competitors of PastPay
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- Full competitor set
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- Competitive positioning
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Latest news on Pastpay
Complete news archive for PastPay
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to PastPay
10 companies that operate in the same segment as PastPay (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about PastPay
PastPay was founded in 2019 and raised its 1st funding round 5 years after it was founded.
PastPay is headquartered in Budapest, Hungary.
Benjamin Berenyi is the current CEO of PastPay. They have also founded this company.
PastPay is a funded company, having raised a total of $13.26M across 1 funding round to date. The company's 1st funding round was a Series A of $13.26M, raised on Sep 2024.
PastPay was founded in 2019 and is headquartered in Budapest, Hungary. Payment solutions tailored for e-commerce merchants are provided, with a focus on B2B operations. Tasks such as overcoming payment constraints and reducing outstanding receivables are handled through the platform. Services support merchants in managing financial workflows within the fintech sector.
PastPay offers BNPL Payment Option and PastPay Portal.
PastPay has 8 investors. Key investors include Advance Global Capital, MBH Bank, quanticfinancial.com, STRT Holding, and BnL Start Partners.