Valuation
$50M
2021 Revenue
$1.2M
Funding
$22.3M
Team
14
Founded
2010
How Payfirma CEO Michael Gokturk grew to $1.2M revenue with a 14 person team in 2021.
Provider of a global payment platform intended to help users pay online. The company's platform accepts credit and debit payments for businesses and makes it easy for merchants to take payments any way their customers want to pay and provides payment analytics to make better business decisions, enabling users to pay online using their smartphones.
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Payfirma Revenue
In 2021, Payfirma's revenue reached $1.2M. Since its launch in 2010, Payfirma has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Payfirma Hit $1.2m revenue in April 2021 | |
| 2010 | Launched with $0 revenue |
Payfirma Valuation, Funding Rounds
Payfirma reached a $50M valuation in 2015, set during its Series A round.
Payfirma has raised $22.3M in total funding across 8 rounds, most recently a $13M Series A round in 2015.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2015 | Series A | $13M | $50M | 26% | |
| 2014 | Convertible Note | $2.1M | $34.6M | 6% | |
| 2014 | Venture Round | $1.2M | - | - | |
| 2014 | Convertible Note | $1.5M | - | - | |
| 2013 | Angel Round | $2.5M | $48.4M | 5% | |
| 2012 | Angel Round | $823.2K | $20.3M | 4% | |
| 2011 | Angel Round | $823.2K | - | - | |
| 2011 | Seed Round | $411.6K | - | - |
Founder / CEO
Michael Gokturk
Have been an entrepreneur since he was a child. From selling lemons door to door (literally: https://goo.gl/065WOV), developing innovative financial technology at Payfirma, to enabling Canadians a safe, trusted and easy way to invest in digital currencies such as Bitcoin at Einstein.Exchange. While working daily with the best and brightest in fintech, he also get to advise and work with other startups and entrepreneurs across a wide range of industries. He is an angel investor, board member, speaker, mentor and mentee.
Q&A
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|---|---|
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Customers
We do not have customer count information for Payfirma yet.
Payfirma Employees & Team Size
Payfirma employs approximately 14 people as of 2026, including 3 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2021 | Reached 14 employees (April 2021) |
Frequently Asked Questions about Payfirma
What is Payfirma's revenue?
Payfirma generates $1.2M in revenue.
Who founded Payfirma?
Payfirma was founded by Michael Gokturk.
Who is the CEO of Payfirma?
The CEO of Payfirma is Michael Gokturk.
How much funding does Payfirma have?
Payfirma raised $22.3M.
How many employees does Payfirma have?
Payfirma has 14 employees.
Where is Payfirma headquarters?
Payfirma is headquartered in Vancouver, British Columbia, Canada.
Compare Payfirma to the industry
Payfirma operates across multiple industries. Browse revenue, funding, and growth data for Payfirma in each sector below.
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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