About PayAllies
PayAllies is a company based in Hong Kong (China) founded in 2012 by Carlos Rivera and Carlos Grajeda. It operates as a B2C. PayAllies has raised $40 thousand across 1 funding round from investors including Start-Up Chile. PayAllies operates in a competitive market with competitors including MoneyGram, TNG Wallet, Suning Finance, CarePay and AlipayHK, among others.
- Headquarter Hong Kong, China
- Founders Carlos Rivera, Carlos Grajeda
- SectorsFinancial Services
- Website payallies.com
- Social X Facebook
- Total Equity Funding$40K (USD)
in 1 rounds
- Latest Funding Round$40K (USD), Seed
Mar 2013
- Investors
Funding Insights of PayAllies
PayAllies has successfully raised a total of $40K through 1 strategic funding round. The most recent funding activity was a Seed round of $40 thousand completed in March 2013. 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 $40,000
- Total Rounds 1
- Last Round Seed — $40,000
- First Round $40,000
(Mar 2013)
- Investors Count 1
All 1 funding rounds of PayAllies 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 |
|---|---|---|---|---|---|
| Mar 2013 | $40,000 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in PayAllies
PayAllies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Start-Up Chile.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government-backed startup accelerator programs are operated in Chile. | – | startupchile.org | Santiago, Chile |
Investor details for PayAllies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of PayAllies
2 people are tracked at PayAllies (2 in leadership).
| Name | Role | Group |
|---|---|---|
Carlos Rivera | Co-Founder | Leadership |
Carlos Grajeda | Co-Founder | Leadership |
Complete people profiles for PayAllies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of PayAllies
2 dated milestones of PayAllies across 1 years, from founding to its latest funding, stage changes and deals.
- Founded PayAllies is founded.
- Funding First funding round of $40K.
Competitors of PayAllies
PayAllies 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 MoneyGram, TNG Wallet, Suning Finance, CarePay and AlipayHK, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moneygram.com | 1940 | Dallas, United States | – | – | Cross-border payments are enabled via wallet solutions for consumers. | |
| tngwallet.hk | 2013 | Hong Kong, China | $115M | – | NFC-enabled wallet is provided for consumer payments and transfers. | |
| jinrong.suning.com | 2015 | Nanjing, China | $2.42B | – | Financial products are offered via an online platform. | |
| carepay.com | 2015 | Amsterdam, Netherlands | $61.81M | – | Provider of a health insurance platform for global insurers | |
| alipayhk.com | 2016 | Hong Kong, China | – | – | Operates an app-based mobile wallet for secure transactions. | |
| payeco.com | 2005 | Guangzhou, China | – | – | Cloud mobile payment platform with real-time non-cash methods is provided. | |
| getgona.com | 2018 | Nanjing, China | – | – | Functions as an app-based platform for seamless mobile payments. | |
| yintran.com | 2014 | Hong Kong, China | – | – | Provides a mobile payment app linked to bank accounts for seamless and secure transactions. | |
| cashyou.hk | 2014 | Hong Kong, China | $12,500 | – | Facilitates peer-to-peer payment services. |
Detailed competitors of PayAllies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to PayAllies
10 companies that operate in the same segment as PayAllies (Travel Fintech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital entertainment, e-commerce, and financial services are provided globally. | 2006 | Singapore | USD 721.47 M | USD 22.94 B | 80,700 | |
Digital payment services via UPI, cards, and wallets. | 2019 | Bengaluru, Karnataka, India | – | USD 8.79 | 74 | |
Provides an app-based platform for group expense sharing and bill splitting. | 2015 | Bengaluru, Karnataka, India | USD 2.47 M | – | 177 | |
Offers agent-based solutions for secure payment processing. | 2015 | Ludhiana, Punjab, India | – | – | – | |
Venture capital funding and support for pre-seed and seed-stage startups in India. | 2019 | Mumbai, Maharashtra, India | – | – | – | |
EPSILON NET is engaged in providing business software solutions. | 1999 | Kallithea, Attica, Greece | – | – | – | |
Offers payment gateways, links, and services for online transactions and business payments. | 2009 | Noida, Uttar Pradesh, India | – | – | – | |
Mobile app for phone payments at merchants without wallets or internet. | 2014 | Bengaluru, Karnataka, India | – | USD 103.98 K | 10 | |
Investment in Indian startups across technology and fintech sectors. | 2012 | Mumbai, Maharashtra, India | – | – | – | |
Fintech platform offering AEPS, Micro ATM, recharge, and money transfer services. | 2021 | Delhi, Delhi, India | – | USD 4.61 M | 292 |
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Frequently Asked Questions about PayAllies
PayAllies was founded in 2012 and raised its 1st funding round 1 year after it was founded.
PayAllies is headquartered in Hong Kong, China.
PayAllies is a funded company, having raised a total of $40K across 1 funding round to date. The company's 1st funding round was a Seed of $40K, raised on Mar 2013.
PayAllies provides secure wallet and card payment services for users through offering financial products and advice, fintech, providing payment solutions, and offering digital wallets. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
PayAllies's top competitors include MoneyGram, CarePay and TNG Wallet.
PayAllies has 1 investor. Key investors include Start-Up Chile.