About PayZakat
PayZakat is a company based in Moscow (Russia) founded in 2018.. PayZakat has raised $74 thousand across 1 funding round from investors including Sberbank Russia.
- Headquarter Moscow, Russia
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Sectors
Media & EntertainmentFinancial Services Government & Social Sector
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$74 K (USD)
in 1 rounds
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Latest Funding Round
$74 K (USD), Seed
Sep 02, 2018
- Investors
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Employee Count
Employee Count
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Funding Insights of PayZakat
PayZakat has successfully raised a total of $74K through 1 strategic funding round. The most recent funding activity was a Seed round of $74 thousand completed in September 2018. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $74,000
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First Round
First Round
(02 Sep 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Seed - PayZakat | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PayZakat
PayZakat has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sberbank Russia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Comprehensive financial services are provided to individuals and businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PayZakat
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PayZakat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Payzakat Comparisons
Competitors of PayZakat
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about PayZakat
When was PayZakat founded?
PayZakat was founded in 2018.
Where is PayZakat located?
PayZakat is headquartered in Moscow, Russia.
Is PayZakat a funded company?
PayZakat is a funded company, having raised a total of $74K across 1 funding round to date. The company's 1st funding round was a Seed of $74K, raised on Sep 02, 2018.
What does PayZakat do?
PayZakat was founded in 2018 in Moscow, Russia, as a platform focused on Muslim charitable giving. AI-based chatbots are employed to enable donations including Zakat, Sadaqah, and Fidyah to global causes. Monitoring of selected projects and fund impacts is supported for both donors and recipients. Operations center on transparent distribution to worthy initiatives worldwide within the nonprofit technology sector.
Who are PayZakat's investors?
PayZakat has 1 investor. Key investors include Sberbank Russia.
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