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NowPay - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about NowPay including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

NowPay company logo

Improving the financial-wellness of corporate employees

NowPay is a FinTech company that focuses on improving the financial-wellness of corporate employees. We enable employees to get paid at any point in time during the month.

HeadquartersCairo, Egypt
Team size51-100
Founded2019

What is NowPay? - Company Overview & Details

NowPay is NowPay is a FinTech company that focuses on improving the financial-wellness of corporate employees. We enable employees to get paid at any point in time during the month. Founded in 2019, the company is headquartered in Cairo, Egypt.

Who Founded NowPay?

NowPay was founded by Mostafa Ashour, Ahmed Sabry.

Who are the Key Executives at NowPay? - Leadership Team

NowPay is led by experienced executives in key positions:

Chief Executive Officer (CEO) of NowPay

Mostafa AshourCEO

Chief Technology Officer (CTO) of NowPay

CTO

About Mostafa Ashour - CEO of NowPay

Mostafa Ashour serves as the Chief Executive Officer of NowPay, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

NowPay Company Details & Key Information

Where is NowPay located?

NowPay is headquartered in Cairo, Egypt.

How many employees does NowPay have?

NowPay has 51-100 employees.

When was NowPay founded?

NowPay was founded in 2019.

NowPay Official Website

How much funding has NowPay raised?

NowPay has raised $2.7 Million across 5 funding rounds. The most recent funding was completed on 2020-10-18.

Funding Overview

NowPay has raised a total of $2.7 million, including $2.1 million in seed funding.

$2.7 Million
Total Funding Raised
5
Funding Rounds
2020-10-18
Latest Round

NowPay Funding History

Seed
2019-08-28
$600,000
Seed
2020-10-18
$2.1 Million

Who are the key investors in NowPay?

NowPay is backed by 3 key investors including Endure Capital, Foundation Ventures, 500 Startups. These investors focus on FinTech, Startups, Technology sectors.

NowPay Investor Overview

3
Key Investors
3
Focus Areas
3
Notable Investments

Complete List of NowPay Investors

Endure Capital

An investment firm focusing on startups and early-stage companies.

Investment Focus
FinTech
Startups
Notable Portfolio Companies
NowPay

Foundation Ventures

A venture capital firm investing in innovative startups.

Investment Focus
FinTech
Technology
Notable Portfolio Companies
NowPay

500 Startups

A global venture capital firm and startup accelerator.

Investment Focus
Technology
FinTech
Notable Portfolio Companies
NowPay

What sectors do NowPay investors focus on?

The investors backing NowPay primarily focus on FinTech, Startups, Technology sectors.

FinTech
Startups
Technology

Featured Investor: Endure Capital

Endure Capital

An investment firm focusing on startups and early-stage companies.

Notable Investments: NowPay

What are NowPay's future plans?

NowPay NowPay aims to enhance its platform and expand its footprint across the MENA region.

NowPay Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does NowPay face?

NowPay has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for NowPay

1

Competition in the FinTech space

2

Scaling operations effectively

What opportunities does NowPay have?

NowPay has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for NowPay

1

Expanding to new markets

2

Developing new financial products

NowPay Strategic Position Summary

Key Focus Areas

NowPay is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about NowPay?

NowPay has 2 recent news updates covering key business developments and market activities.

NowPay News Overview

2
Recent Articles
Active
Media Coverage
2021-03-09
Latest Update

What is NowPay in the news for?

NowPay is currently featured in news for NowPay partners with Edbebank. and other significant business developments.

Recent News Articles About NowPay

Article 1
2021-03-09

NowPay partners with Edbebank.

Egyptian fintech startup NowPay signed a Memorandum of Understanding with the Export Development Bank of Egypt (EBE) for a credit facility to fund NowPay’s current salary advances product.

fintechnews.ae
Read News
Article 2
2020-10-18

Endurance Capital AG invests into NowPay $2.1M.

Egyptian FinTech startup NowPay has announced it raised $2.1 million in a seed round co-led by Endurance Capital and Foundation Ventures.

startupbahrain.com
Read News

NowPay FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about NowPay including information about founders, CEO, funding history, investors, headquarters location, and company details. 18 frequently asked questions covering key information about the company.

NowPay Questions & Answers - Company Information

Q1

What is NowPay?

NowPay is a FinTech company that focuses on improving the financial-wellness of corporate employees. We enable employees to get paid at any point in time during the month.

Q2

Who founded NowPay?

NowPay was founded by Mostafa Ashour, Ahmed Sabry.

Q3

Who is the CEO of NowPay?

The CEO of NowPay is Mostafa Ashour. You can find more information about them on their LinkedIn profile.

Q4

How much funding has NowPay raised?

NowPay has raised a total of $$2.7 Million across 5 funding rounds. The most recent funding was completed on 2020-10-18.

Q5

Who are the investors in NowPay?

NowPay's key investors include Endure Capital, Foundation Ventures, 500 Startups.

Q6

Where is NowPay headquartered?

NowPay is headquartered in Cairo, Egypt.

Q7

When was NowPay founded?

NowPay was founded in 2019.

Q8

How many employees does NowPay have?

NowPay has 51-100 employees.

Q9

What is NowPay's official website?

You can visit NowPay's official website at https://nowpay.cash.

Q10

What was NowPay's latest funding round?

NowPay's latest funding round was a Seed round of $$600,000 completed on 2019-08-28.

Q11

Who is founder?

Mostafa Ashour

Q12

What does the company do?

NowPay is a FinTech company that focuses on improving the financial-wellness of corporate employees.

Q13

How much funding?

$2.7 Million

Q14

Latest funding date?

2020-10-18

Q15

Who are the investors?

Endure Capital Foundation Ventures 500 Startups

Q16

What are the challenges?

Competition in the FinTech space Scaling operations effectively

Q17

What are the opportunities?

Expanding to new markets Developing new financial products

Q18

Latest news?

Egyptian fintech startup NowPay signed a Memorandum of Understanding with the Export Development Bank of Egypt (EBE) for a credit facility to fund NowPay’s current salary advances product. Egyptian FinTech startup NowPay has announced it raised $2.1 million in a seed round co-led by Endurance Capital and Foundation Ventures.

More Information About NowPay

For additional details about NowPay, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.