About Pyypl
Pyypl is a company based in Abu Dhabi (United Arab Emirates) founded in 2017.. Pyypl has raised $31 million across 2 funding rounds. Pyypl offers products and services including Virtual Visa Card, Physical Visa Card, Gift Cards, Money Transfer Service, and Top-Up Feature. Pyypl operates in a competitive market with competitors including Paytm, MoneyGram, Ziina, QIWI and Jingle Pay, among others.
- Headquarter Abu Dhabi, United Arab Emirates
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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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- Legal Name Pyypl Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Series B
Nov 07, 2022
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Investors
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Employee Count
Employee Count
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Products & Services of Pyypl
Pyypl offers a comprehensive portfolio of products and services, including Virtual Visa Card, Physical Visa Card, Gift Cards, Money Transfer Service, and Top-Up Feature. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Virtual card for online shopping and secure transactions.
Physical card for in-store contactless payments worldwide.
Cards for gifting and online purchases with cashback offers.
Service to send money to over 40 countries instantly.
Feature to load funds via debit or mobile money.
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Funding Insights of Pyypl
Pyypl has successfully raised a total of $31M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in November 2022. 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 2
- Last Round Series B — $20.0M
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First Round
First Round
(10 Feb 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series B - Pyypl | Valuation |
investors |
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| Feb, 2022 | Amount | Series A - Pyypl | Valuation |
investors |
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| 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 Pyypl
| 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 - Pyypl
| 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 |
Pyypl Comparisons
Competitors of Pyypl
Pyypl 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 Paytm, MoneyGram, Ziina, QIWI and Jingle Pay, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Digital payments, financial services, and e-commerce platforms are provided.
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| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
App-based digital wallet for consumer payments
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| domain | founded_year | HQ Location |
Consumer payments are enabled via a card-linked wallet app.
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| domain | founded_year | HQ Location |
NFC-enabled prepaid wallet is linked to cards for payments.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Pyypl
Frequently Asked Questions about Pyypl
When was Pyypl founded?
Pyypl was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is Pyypl located?
Pyypl is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.
Is Pyypl a funded company?
Pyypl is a funded company, having raised a total of $31M across 2 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on Feb 10, 2022.
What does Pyypl do?
Pyypl was founded in 2017 in Abu Dhabi, United Arab Emirates, and operates in the fintech sector as an app-based card-linked wallet. Services provided include money transfers, mobile recharges, bill payments, and cash withdrawals. AI-enabled tools are utilized for money laundering prevention, while blockchain-based systems handle transaction processing. The application is accessible on both iOS and Android platforms.
What products or services does Pyypl offer?
Pyypl offers Virtual Visa Card, Physical Visa Card, Gift Cards, Money Transfer Service, and Top-Up Feature.
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