About PayIt
PayIt is a company based in Mexico City (Mexico) founded in 2015 was acquired by Rappi in February 2019. PayIt operates in a competitive market with competitors including MoneyGram, Pagaloop, CarePay, Claro Pay and Zave App, among others.
- Headquarter Mexico City, Mexico
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Sectors
Financial Services
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Email
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Phone
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
Not available
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Investors
Startupbootcamp
& 2 more
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Employee Count
Not available
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Acquired by
Rappi
(Feb 07, 2019)
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Funding Insights of PayIt
Investors in PayIt
PayIt has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Startupbootcamp, Finnovista and Rappi.
| Investor | Description | Founded Year | Domain | Location |
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Tech focused global accelerator firm
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Startups in the FinTech sector are accelerated by Finnovista.
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Rappi is operated as an on-demand delivery platform in Mexico.
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Investor details for PayIt
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Investments & Acquisitions by PayIt
Investment portfolio details for PayIt
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
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Financial Statements - PayIt
Detailed financials for PayIt
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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- Financial ratios
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Payit Comparisons
Peer comparison for PayIt
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of PayIt
PayIt 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, Pagaloop, CarePay, Claro Pay and Zave App, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cross-border payments are enabled via wallet solutions for consumers.
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Card-linked wallet is provided for consumer payments via mobile app.
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Provider of a health insurance platform for global insurers
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Mobile app for sending money, paying bills, and recharging airtime services.
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Purchases are rounded up, and spare change is saved automatically.
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Edenred Wallet is an app-based digital wallet platform designed for individual users.
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Detailed competitors of PayIt
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Payit
Complete news archive for PayIt
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.
Frequently Asked Questions about PayIt
PayIt was founded in 2015 and raised its 1st funding round 2 years after it was founded.
PayIt is headquartered in Mexico City, Mexico.
Founded in 2015 and based in Mexico City, Mexico, PayIt operates in the financial services sector, focusing on merchant payment processing. Integrated point-of-sale systems, online and in-person transaction handling, and phone-based payments are supported through merchant accounts and e-commerce gateways. Proactive rate reviews, PCI DSS compliance for fraud prevention, dedicated account management, and technical support are included to facilitate operations for businesses of various sizes.
PayIt has 3 investors. Key investors include Startupbootcamp, Finnovista, and Rappi.