About PayNest
PayNest is a company based in Dubai (United Arab Emirates) founded in 2021 by Murtaza Abedin. PayNest has raised $2.16 million across 1 funding round from investors including BlueCrow, Lince Capital and Iberis Capital. PayNest offers products and services including New Website.
- Headquarter Dubai, United Arab Emirates
- Founders Murtaza Abedin
-
Sectors
Financial Services
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$2.16 M (USD)
in 1 rounds
-
Latest Funding Round
$2.16 M (USD), Seed
Dec 13, 2023
-
Investors
BlueCrow
& 3 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of PayNest
PayNest offers a comprehensive portfolio of products and services, including New Website.
Platform for accessing rebranded cutting-edge solutions
People of PayNest
Unlock access to complete
Funding Insights of PayNest
PayNest has successfully raised a total of $2.16M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.16 million completed in December 2023. 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.
Investors in PayNest
PayNest has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include BlueCrow, Lince Capital and Iberis Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Lince Capital is engaged in venture capital fund management.
|
Locked | Locked | Locked | |
|
Iberis Capital is recognized as a leading private equity and venture capital manager in Portugal.
|
Locked | Locked | Locked | |
|
Support is provided to startups for growth and global expansion.
|
Locked | Locked | Locked |
Investor details for PayNest
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by PayNest
Investment portfolio details for PayNest
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - PayNest
Detailed financials for PayNest
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Paynest Comparisons
Peer comparison for PayNest
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of PayNest
Detailed competitors of PayNest
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Paynest
Complete news archive for PayNest
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 PayNest
PayNest was founded in 2021 and raised its 1st funding round 2 years after it was founded.
PayNest is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Murtaza Abedin is the current CEO of PayNest. They have also founded this company.
PayNest is a funded company, having raised a total of $2.16M across 1 funding round to date.
PayNest, founded in 2021 in Dubai, United Arab Emirates, focuses on innovating financial technology, facilitating payment transactions, consumer payments, vertical payments, and education payments. App-based payment and management platform for individuals. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
PayNest offers New Website.
PayNest has 4 investors. Key investors include BlueCrow, Lince Capital, Iberis Capital, and M4 Ventures.