2024 Revenue
$1.7M(Est.)
Funding
$7.6M
Team
49
Founded
2015
MishiPay Revenue & Funding (2024)
Developer of a mobile self-checkout technology designed to make online payments. The company's technology allows shoppers to pick up a product they wish to buy, scan the barcode and automatically pay with their phone, enabling shoppers to make secure cashless payments via a virtual mobile payment platform and save time by not waiting in queues.
Last updated
MishiPay Revenue
In 2024, MishiPay's revenue reached $1.7M. The company previously reported $1.3M in 2023. Since its launch in 2015, MishiPay has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | MishiPay Hit $1.7m revenue in October 2024 | Estimated |
| 2023 | MishiPay Hit $1.3m revenue in October 2023 | Estimated |
| 2021 | MishiPay Hit $2.1m revenue in April 2021 | |
| 2015 | Launched with $0 revenue |
MishiPay Valuation, Funding Rounds
MishiPay has not publicly disclosed its valuation. The company has raised $7.6M in total funding to date.
MishiPay has raised $7.6M in total funding across 2 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Funding round | $4.9M | - | - | |
| 2017 | Funding round | $2.7M | - | - |
Founder / CEO
Mustafa Khanwala
CEO
Mustafa is a Mechatronic Engineer who has previously worked in and led projects with companies like Porsche, National Instruments, Barclays and TATA and has proven track record in successful innovation. He has sales experience through working in his family business and starting a food delivery venture in Manchester in 2011. Towards the end of hisMSc Engineering with Finance degree at UCL, he thought of the idea for MishiPay after having waited too long in a queue to buy 1 just item. He then started MishiPay as a side project and designed and built the first functional prototype by himself. Having worked on MishiPay for several months and after seeing the technology working in real life, he rejected offers from Goldman Sachs, KPMG and Barclays to work full-time on MishiPay. He also called up Tanvi then, a brilliant computer systems engineer, his friend since 5 years and someone he's worked with previously. He convinced her to join MishiPay as CoFounder and CTO and they haven't looked back since. As proof of their teamwork, just look at their accomplishments since Nov 2015; live public trials in London, Cisco global partnership, seed investment, major retailer projects in India, Europe and the Middle East, awards from Mayor of London, Government of India, Anita Borg Institute, University of Manchester, UCL and others.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for MishiPay yet.
MishiPay Employees & Team Size
MishiPay employs approximately 49 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 49 employees (October 2024) | |
| 2023 | Reached 49 employees (October 2023) | |
| 2022 | Reached 47 employees (October 2022) | |
| 2021 | Reached 96 employees (December 2021) | |
| 2021 | Reached 44 employees (April 2021) |
Frequently Asked Questions about MishiPay
What is MishiPay's revenue?
MishiPay generates an estimated $1.7M in annual revenue.
Who founded MishiPay?
MishiPay was founded by Mustafa Khanwala.
Who is the CEO of MishiPay?
The CEO of MishiPay is Mustafa Khanwala.
How much funding does MishiPay have?
MishiPay raised $7.6M across 2 rounds.
How many employees does MishiPay have?
MishiPay has 49 employees.
Where is MishiPay headquarters?
MishiPay is headquartered in London, England, United Kingdom.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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