Paymi

Toronto, Canada Founded: 2014 • Age: 12 yrs Acquired By EQWorks
Wallet-based payment solutions for consumers

About Paymi

Paymi is a Financial Services company based in Toronto (Canada) founded in 2014 by John Flett and Rob Shields, and was acquired by EQWorks in July 2021. Wallet-based payment solutions for consumers. Its chief executive, as recorded, is John Flett. Its website paymi.com draws about 20 thousand monthly visits. Its focus areas include FinTech, Payments, Consumer Payments and Wallets. Its competitors include DUC App, Bidali and Zoompass.

Company details

Paymi was founded in 2014 in Toronto, Canada, within the fintech sector. Wallet-based payment solutions are provided for consumers, enabling online shopping and in-store payments at retailers, restaurants, and travel agencies. Credit and debit cards can be linked to the wallet, with cashback delivered during transactions. The mobile app is available on both Android and iOS platforms.

  • Headquarters Toronto, Canada
  • Founders John Flett, Rob Shields
  • Stage Acquired
  • Sectors
    Financial Services
  • Email
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  • Website paymi.com
  • Social LinkedIn X Facebook
  • Acquired by EQWorks (Jul 2021)
Key Metrics

Investors in Paymi

Paymi has secured backing from 1 investor. Prominent investors backing the company include EQWorks.

All
InvestorDescriptionFounded YearDomainLocation
Target, monitor and adapt campaigns in real-time
1997eqworks.comToronto, Canada
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Investor details for Paymi

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People of Paymi

2 people are tracked at Paymi (2 in leadership).

NameRoleGroup
John Flett
Co-Founder & CEOLeadership
Rob Shields
Co-FounderLeadership
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Complete people profiles for Paymi

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  • Team structure
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Timeline of Paymi

2 dated milestones of Paymi across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Paymi is founded.
  2. Exit Acquired by EQWorks.

Competitors of Paymi

Paymi has 3 listed competitors in our database. They include DUC App, Bidali and Zoompass.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ducapp.com2019Toronto, Canada
Global money transfer and payment services via app and API integrations.
bidali.com2014Calgary, Canada3
Cryptocurrency payments are facilitated through a secure gateway and plugins.
zoompass.com2004Toronto, Canada
Mobile Wallet for payment and transferring money
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Detailed competitors of Paymi

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  • Full competitor set
  • Operating metrics
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Web traffic of Paymi

The website of Paymi (paymi.com) receives about 19.9K visits a month.

  • Monthly visits
    19.9K

    ▲ 62.4% vs previous month

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Related news about Paymi

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Complete news archive for Paymi

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Frequently Asked Questions about Paymi

Paymi was founded in 2014.

Paymi is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

John Flett is the CEO of Paymi, as recorded in our data. They have also founded this company.

Paymi was founded in 2014 in Toronto, Canada, within the fintech sector. Wallet-based payment solutions are provided for consumers, enabling online shopping and in-store payments at retailers, restaurants, and travel agencies. Credit and debit cards can be linked to the wallet, with cashback delivered during transactions. The mobile app is available on both Android and iOS platforms.

Paymi's top competitors include Bidali, Zoompass and DUC App.

Paymi has 1 investor. Key investors include EQWorks.

Yes. Paymi was acquired by EQWorks in July 2021.

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