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.
Investors in Paymi
Paymi has secured backing from 1 investor. Prominent investors backing the company include EQWorks.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Target, monitor and adapt campaigns in real-time | 1997 | eqworks.com | Toronto, Canada |
Investor details for Paymi
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People of Paymi
2 people are tracked at Paymi (2 in leadership).
| Name | Role | Group |
|---|---|---|
John Flett | Co-Founder & CEO | Leadership |
Rob Shields | Co-Founder | Leadership |
Complete people profiles for Paymi
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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.
- Founded Paymi is founded.
- Exit Acquired by EQWorks.
Competitors of Paymi
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ducapp.com | 2019 | Toronto, Canada | Global money transfer and payment services via app and API integrations. | |||
| bidali.com | 2014 | Calgary, Canada | 3 | Cryptocurrency payments are facilitated through a secure gateway and plugins. | ||
| zoompass.com | 2004 | Toronto, Canada | Mobile Wallet for payment and transferring money |
Detailed competitors of Paymi
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Web traffic of Paymi
The website of Paymi (paymi.com) receives about 19.9K visits a month.
- Monthly visits19.9K
▲ 62.4% vs previous month
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Related news about Paymi
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 has 1 investor. Key investors include EQWorks.
Yes. Paymi was acquired by EQWorks in July 2021.

