About PAYNAS
PAYNAS is a Technology company based in Cairo (Egypt) founded in 2018, and was acquired by valU in August 2022. HR and payroll functions are managed via a cloud-based platform. Its website paynas.com draws about 45 thousand monthly visits. Its focus areas include Enterprise Applications, HRTech, HRMS and Suite.
Company details
PAYNAS was established in 2018 in Cairo, Egypt, as a cloud-based platform focused on HR and payroll management. Integrations are supported for handling operations such as onboarding, recruitment, attendance, and leave tracking. Bank accounts, cards, and documents are managed through dedicated features. A dashboard is provided for employee data oversight, real-time updates, and payslip generation, serving the HR technology sector.
- Headquarters Cairo, Egypt
- Stage Acquired
- SectorsTechnology
- Website paynas.com
- Social LinkedIn
- Acquired by valU (Aug 2022)
Apps and channels of PAYNAS
PAYNAS publishes 2 mobile apps with over 10K+ downloads.
Funding Insights of PAYNAS
- Total Rounds 1
- Last Round Grant — $50,000
- First Round $50,000
(Jun 2019)
- Investors Count 1
All 1 funding rounds of PAYNAS 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 |
|---|---|---|---|---|---|
| Jun 2019 | $50,000 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in PAYNAS
PAYNAS has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Visa and valU.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Digital payment solutions are offered to individuals and businesses. | 1958 | visa.com | San Francisco, United States | |
An app-based platform is provided for purchase tracking and shopping. | 2017 | valu.com.eg | Giza, Egypt |
Investor details for PAYNAS
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 PAYNAS
4 people are tracked at PAYNAS (1 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Mohamed Mounir ElHashemy | Founder - CEO | Leadership |
MOhamed Samir | B2b Account Manager | Team |
Fady Zaki | Business Development Growth & Partnerships Manager | Team |
Mostafa Raafat | Logistics Department Specialist | Team |
Complete people profiles for PAYNAS
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of PAYNAS
3 dated milestones of PAYNAS across 4 years, from founding to its latest funding, stage changes and deals.
- Founded PAYNAS is founded.
- Funding First funding round of $50K.
- Exit Acquired by valU.
Web traffic of PAYNAS
The website of PAYNAS (paynas.com) receives about 45.1K visits a month.
- Monthly visits45.1K
▼ 25.4% vs previous month
Websites whose visitors overlap most with PAYNAS. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| figma.com | 100% | 84.7M | #221 | View details | |
| valu.com.eg | 95% | 70.6K | View details | ||
| facebook.com | 87% | 12.1B | #3 | View details | |
| google.com | 77% | 85.8B | #1 | View details | |
| linkedin.com | 71% | 1.9B | #18 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for PAYNAS
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- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Paynas
Complete news archive for PAYNAS
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Frequently Asked Questions about PAYNAS
PAYNAS was founded in 2018 and raised its 1st funding round 1 year after it was founded.
PAYNAS is headquartered in Cairo, Egypt.
PAYNAS was established in 2018 in Cairo, Egypt, as a cloud-based platform focused on HR and payroll management. Integrations are supported for handling operations such as onboarding, recruitment, attendance, and leave tracking. Bank accounts, cards, and documents are managed through dedicated features. A dashboard is provided for employee data oversight, real-time updates, and payslip generation, serving the HR technology sector.
Yes. PAYNAS was acquired by valU in August 2022.
Yes. PAYNAS publishes Valu Business and 1 more app, with over 10,000 downloads.