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paynas

Operating

PayNas is a cloud platform that provides banking services and HR benefits to SMEs employees

Updated Source: SLA Startup IndexHow we verify →
Total raised
$758K
disclosed
Last round
$680K
Pre-seed
Rounds
3
since 2018
Investors
8
on record
Employees
11-50

About paynas

PayNas is a cloud platform that provides banking services and HR benefits to SMEs employees

paynas funding3 rounds

All 3 rounds →

paynas has raised $758K across 3 disclosed rounds. The latest is a $680K Pre-seed announced 19 Dec 2019.

Capital growthrunning total of disclosed rounds
  1. $28KSeedSeed, $28K, $28K raised to date
  2. $50KGrantGrant, $50K, $78K raised to date
  3. $680KPre-seedPre-seed, $680K, $758K raised to date

SLA Funding Index · grey is capital raised before each round

AnnouncedRoundLead · investorsAmount
19 Dec 2019paynas Pre-seedA'Z Angels +4$680K
20 Jun 2019paynas GrantNot disclosed$50K
01 Oct 2018paynas SeedAl Sharif Nawaf Faiez Al Abdelhakim +6$28K

paynas founders & team

Full team →

paynas competitorssame sector · similar funding

  • PayCurve

    PayCurve is a South Africa B2B fintech offering earned wage access. · South Africa

  • Kulipa

    Kulipa: Paris‑based fintech, B2B stablecoin infrastructure with Nigerian presence. · Nigeria

PayRoll Management startups across Africa

Frequently asked about paynas

Where is paynas based and when was it founded?
paynas is headquartered in Cairo, Egypt and was founded in 2018.
Who founded paynas?
paynas was founded by Motaz Lotfy (Co-Founder & CCO).
Who is the CEO of paynas?
Mohamed Mounir ElHashemy is paynas' CEO.
How much funding has paynas raised?
paynas has raised $758K across 3 disclosed rounds. Its latest, a $680K Pre-seed, was announced on Dec 19, 2019.
Who has invested in paynas?
Backers include A'Z Angels, EFG EV Fintech, Egypt Ventures, Venture MENA and 4 others.
What sector is paynas in?
paynas operates in PayRoll Management, Financial Services and FinTech.