About PressPay
PressPay was founded in 2021 in The Rocks, Australia, as an online platform in the fintech sector focused on payday loans. Earned wages are accessed by employers as short-term loans, with repayment scheduled for the next payday plus a predetermined fee. User details are submitted to verify eligibility and available amounts, followed by selection of loan size. Upon approval, funds are transferred directly to registered bank accounts.
- Headquarter Sydney, Australia
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Sectors
Financial Services
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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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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of PressPay
| 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 |
Investments & Acquisitions by PressPay
| 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 - PressPay
| 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 |
Presspay Comparisons
Competitors of PressPay
| 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 PressPay
When was PressPay founded?
PressPay was founded in 2021.
Where is PressPay located?
PressPay is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of PressPay?
Gregory Kahn is the current CEO of PressPay.
What does PressPay do?
PressPay was founded in 2021 in The Rocks, Australia, as an online platform in the fintech sector focused on payday loans. Earned wages are accessed by employers as short-term loans, with repayment scheduled for the next payday plus a predetermined fee. User details are submitted to verify eligibility and available amounts, followed by selection of loan size. Upon approval, funds are transferred directly to registered bank accounts.