Cointime

MenaPay

company

About

Blockchain-based, fully backed cryptocurrency to provide a secure and transparent payment gateway

Highlights

Total Funding Amount
$100K
Funding Rounds
3
Investors
4
Employee Profiles
5

Details

Last Funding Type
Seed
Industries
Blockchain,FinTech,Payments
Founded date
Nov 1, 2017
Number Of Employee
11 - 50
Operating Status
Active

MenaPay is the first, fully backed blockchain-based payment gateway in the Middle East and North Africa.

MenaPay replaces traditional payment methods with a blockchain-based fully backed cryptocurrency. This provides a secure and transparent payment gateway to enable transactions for every aspect of daily life.

The MenaPay project is started to serve 441 million people in MENA region with its Arabic user-friendly interface.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$100K
MenaPay has raised a total of $100K in funding over 2 rounds. Their latest funding was raised on Jul 29, 2020 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 29, 2020 Series Unknown — 1 CoinShares — Detail
May 22, 2019 Angel $100K 1 — — Detail
Jun 2, 2018 Seed — 2 Boğaziçi Ventures — Detail

Investors

Number of Lead Investors
Number of Investors
2
4
MenaPay is funded by 4 investors. CoinShares and Boğaziçi Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
CoinShares Yes Series Unknown
Boğaziçi Ventures Yes Seed
Hande Enes — Angel
Deniz Devrim Cengiz — Seed

Employee Profiles

Number of Employee Profiles
5
MenaPay has 5 current employee profiles, including Executive Burak Balık
Burak Balık
Executive
Birol Kabakoglu
Board member
Kader Kutun
Executive
Caglar Eger
Advisor
Turan Almammadov
Executive
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