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MePay provides an e-wallet application and a network of payment terminals, streamlining financial transactions for individuals and businesses. The company develops comprehensive software solutions that facilitate secure, instant money transfers to physical and mobile cards, alongside various point-of-sale payment options. Its technical approach emphasizes an easy-to-use platform, ensuring reliability and convenience for managing diverse financial operations, including bill payments and bank account fulfillment.
The company began its operational journey around 2020-2023, marked by efforts to secure licensing from the Central Bank of Armenia and building its initial team. While specific founder details are not widely publicized, Hrach Kochinyan serves as the Chief Executive Officer, leading the organization's strategic direction. The underlying insight driving MePay is the demand for a unified, accessible digital platform to simplify and expedite everyday financial interactions within the region.
MePay serves a broad customer base, encompassing individual users who manage personal finances via the e-wallet, and various institutions leveraging its customizable payment terminals for collecting service fees. Its vision focuses on expanding its partner network and increasing transfer directions, aiming to establish a trusted ecosystem that delivers fast, secure, and accessible payment solutions for a growing market, continuously enhancing customer satisfaction.
MePay has 1 tracked investment across 1 company. The latest tracked deal is $10.0M Series D in payleven in February 2016.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 1, 2016 | payleven | $10.0M Series D | — | Accel, Ambridge Capital, Cometa, Cota Capital, Northzone, Edoardo Bianchi, B Cinque, Sven Achter, NEW Enterprise Associates, RTP Global, Wolfgang Krause |