About Social Pay App
Social Pay App is a company based in Cincinnati (United States) founded in 2016. Social Pay App has raised $876.2 thousand across 1 funding round. The company has 116 employees as of April 07, 2024. Social Pay App operates in a competitive market with competitors including Comviva, Zoop, Yoyo Wallet, Ondot Systems and MeaWallet, among others.
- Headquarter Cincinnati, United States
- Employees 116 as on 07 Apr, 2024
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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 Socialpay Llc
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$35.02 M (USD)10.83as on Mar 31, 2023
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Net Profit
$3.33 M (USD)113.9as on Mar 31, 2023
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EBITDA
$3.77 M (USD)70.09as on Mar 31, 2023
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Total Equity Funding
$876.2 K (USD)
in 1 rounds
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Latest Funding Round
$876.2 K (USD), Seed
Dec 21, 2017
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Investors
Not available
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Employee Count
116
as on Apr 07, 2024
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Funding Insights of Social Pay App
Social Pay App has successfully raised a total of $876.2K through 1 strategic funding round. The most recent funding activity was a Seed round of $876.2 thousand completed in December 2017. 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.
Investments & Acquisitions by Social Pay App
Investment portfolio details for Social Pay App
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Financial Statements - Social Pay App
Detailed financials for Social Pay App
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Social Pay App Comparisons
Peer comparison for Social Pay App
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- Named peers
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Competitors of Social Pay App
Social Pay App 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 Comviva, Zoop, Yoyo Wallet, Ondot Systems and MeaWallet, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Software platforms for telecommunications, digital payments, and experiences are provided.
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White-label payment solutions are provided for branded transaction processing.
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Rewards-based coalition loyalty platform
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Card-linked marketing solutions are offered to banks and financial institutions.
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SaaS-based TSM and mobile wallet solutions are provided for payments.
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White-label closed-loop payment systems are provided for businesses.
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Detailed competitors of Social Pay App
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Social Pay App
Complete news archive for Social Pay App
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Frequently Asked Questions about Social Pay App
Social Pay App was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Social Pay App is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Social Pay App is a funded company, having raised a total of $876.2K across 1 funding round to date.
As of Apr 07, 2024, the latest employee count at Social Pay App is 116.
Annual revenue of Social Pay App is $35.02M as on Mar 31, 2023.
SocialPay was founded in 2016 in Cincinnati, United States, within the fintech sector. An app-based platform is operated to handle peer-to-peer payments, group transactions, and merchandise purchases. Integration with payment services, bank accounts, debit cards, and credit cards is supported for users. Availability is provided on both Android and iOS devices, facilitating cross-platform mobile operations.
Social Pay App's top competitors include Comviva, Zoop and Yoyo Wallet.