MishiPay revenue hit $1.3M in 2024

MishiPay generates revenue from customers

MishiPay

London, England, United Kingdom

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How MishiPay hit $1.3M revenue with a 49 person team in 2023.

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.

Founded

2015

Founded

Revenue

$1.3M

2023 Revenue

YOY

-19.4%

YOY

Funding

$7.6M

Funding

MishiPay Revenue

In 2023, MishiPay revenue run rate hit $1.3M in revenue.

  • 2023

    MishiPay hit $1.3M in revenue in 2023

  • 2021

    MishiPay hit $2.1M in revenue in 2021

  • 2015

    MishiPay launched in 2015 with $0 revenue

MishiPay Funding History

  • 2019

    MishiPay raised a of in September, 2019

  • 2017

    MishiPay raised a of in December, 2017

FUNDING DATE ROUND AMOUNT VALUATION
September, 24 2019
December, 08 2017

Team

MishiPay has 49 total employees.

DISTRIBUTION QTY
Total team size 49

Founder / CEO

Mustafa Khanwala

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

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Customers

Churn

MishiPay Executives

Name Position Working Email Personal Email
Mustafa Khanwala CEO [email protected] -

MishiPay Employees

Name Position Working Email Personal Email
Mustafa Khanwala CEO [email protected] -

Frequently Asked Questions about MishiPay

  • When was MishiPay founded?

    MishiPay was founded in 2015.

  • How much revenue does MishiPay generate?

    MishiPay generates $1.3M in revenue.

  • Who is the CEO of MishiPay

    The CEO of MishiPay is Mustafa Khanwala.

  • How much funding does MishiPay have?

    MishiPay raised $7.6M.

  • How many employees does MishiPay have?

    MishiPay has 49 employees.

  • Where is MishiPay headquarters?

    MishiPay is headquartered at London, England, United Kingdom

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