PayQR

Moscow, Russia Founded: 2013 • Age: 13 yrs
QR code-based mobile payments are facilitated across Russia.

About PayQR

PayQR is a company based in Moscow (Russia) founded in 2013 by Gleb Markov and Arsen Khousnoutdinov. PayQR has raised $5.43 million across 2 funding rounds. PayQR operates in a competitive market with competitors including Flutterwave, PayU, Coda Payments, ACI Worldwide and CyberSource, among others.

  • Headquarter Moscow, Russia
  • Founders Gleb Markov, Arsen Khousnoutdinov
  • Sectors
    Financial Services
  • Website payqr.ru
  • Social LinkedIn X YouTube
Key Metrics
  • Total Equity Funding
    $5.43M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.93M (USD), Series A

    Feb 2016

Apps and channels of PayQR

its YouTube channel PAYQR has 1.23K subscribers and 24 videos.

PAYQR
YouTube 1.23K subscribers 24 videos Other
Open channel

Videos from PayQR

The most watched videos on PayQR's YouTube channel, PAYQR (1.23K subscribers). Click a video to play it here.

Как оплатить счета через PayQR (телереклама)
35.4K views
Как оплатить счета через PayQR (ТВ-реклама)
32.4K views
Оплата в кафе или ресторане через PayQR (счет)
4.4K views
Покупка в интернет-магазине через PayQR
4.3K views

More on PAYQR.

Funding Insights of PayQR

PayQR has successfully raised a total of $5.43M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.93 million completed in February 2016. 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.

  • Total Funding $5.43M
  • Total Rounds 2
  • Last Round Series A — $3.93M
  • First Round $1.5M

    (Dec 2014)

All 2 funding rounds of PayQR with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2016$3.93MSeries A––
–
Dec 2014$1.5MSeed––
–

People of PayQR

3 people are tracked at PayQR (3 in leadership).

NameRoleGroup
Gleb Markov
FounderLeadership
Arsen Khousnoutdinov
Co-FounderLeadership
Natalia Perunina
CEO AssistantLeadership
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Complete people profiles for PayQR

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of PayQR

3 dated milestones of PayQR across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded PayQR is founded.
  2. Funding First funding round of $1.5M.
  3. Funding Latest funding round, Series A, of $3.9M.

Competitors of PayQR

PayQR 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 Flutterwave, PayU, Coda Payments, ACI Worldwide and CyberSource, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
flutterwave.com2016San Francisco, United States$319.41M–
Provider of payment processing solutions for businesses
payu.com2002Amsterdam, Netherlands$35.15M1,200
Online payment processing and credit solutions are provided for businesses.
codapayments.com2011Singapore$695.2M–
Provides payment processing, customizable stores, and marketplace for digital goods.
aciworldwide.com1975Omaha, United States–4,732
Digital payments are processed and managed via specialized solutions.
cybersource.com1994Foster, United States––
Global e-commerce payment processing and security services are managed.
wirecard.com1999Aschheim, Germany–4,989
Payment processing solutions are provided for businesses and merchants.
unionpayintl.com2012Shanghai, China––
Mobile and online payment solutions are provided for banks.
equiniti.com2002Lancing, United Kingdom––
Financial technology and payment processing solutions are provided by Equiniti.
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Detailed competitors of PayQR

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Web traffic of PayQR

The website of PayQR (payqr.ru) receives about 1.4K visits a month.

  • Monthly visits
    1.4K

    ▼ 36.9% vs previous month

Similar websites

Websites whose visitors overlap most with PayQR. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
walletone.com
100%
–#287,514View details
forums.iis.net
forums.iis.net
60%
–––
asp.net
asp.net
60%
–#419,771–
getbootstrap.com
getbootstrap.com
60%
–#16,369–
developer.apple.com
developer.apple.com
60%
–––
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 9 similar websites and full traffic analytics for PayQR

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 9 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Payqr

Premium access

Complete news archive for PayQR

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.

Similar companies to PayQR

10 companies that operate in the same segment as PayQR (Payments & Remittance Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 4.14 B––
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 B––
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B––
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B2,360
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 742 MUSD 302.19 M2,641
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 3.21 B––
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 604.02 MUSD 179.52 M709
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Online payment processing and credit solutions are provided for businesses.
2002Amsterdam, NetherlandsUSD 35.15 MUSD 5.47 B1,200
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
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Frequently Asked Questions about PayQR

PayQR was founded in 2013 and raised its 1st funding round 1 year after it was founded.

PayQR is headquartered in Moscow, Russia.

PayQR is a funded company, having raised a total of $5.43M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Dec 2014.

A QR code based mobile payment system, the first and largest in Russia. Users have to register their debit or credit with the app and then can purchase any product with a QR code over it by simply scanning it with PayQR mobile application. No additional hardware is required and hence it is a low cost alternative payment method. Once the user scans and pays for a product via PayQR, it can be shipped by an online store where it is available. PayQR also offer other value added services such as consumer analytics, loyalty rewards etc. The app is available both on iOS and Android stores.

PayQR's top competitors include PayU, Flutterwave and ACI Worldwide.

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