Payfirma
Vancouver, British Columbia, Canada
Valuation · 2015
$50M
2021 Revenue
$1.2M
Funding
$22.3M
Team
14
Founded
2010
Payfirma Revenue, Valuation & Funding (2021)
Payfirma generated $1.2M in revenue 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.
Last updated
Payfirma Revenue
In 2021, Payfirma's revenue reached $1.2M.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Payfirma Hit $1.2m revenue in April 2021 | Not recorded |
| 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 | Source |
|---|---|---|---|---|---|
| 2015 | Series A | $13M | $50M | 26% | Not recorded |
| 2014 | Convertible Note | $2.1M | $34.6M | 6% | Not recorded |
| 2014 | Venture | $1.2M | - | - | Not recorded |
| 2014 | Convertible Note | $1.5M | - | - | Not recorded |
| 2013 | Angel | $2.5M | $48.4M | 5% | Not recorded |
| 2012 | Angel | $823.2K | $20.3M | 4% | Not recorded |
| 2011 | Angel | $823.2K | - | - | Not recorded |
| 2011 | Seed | $411.6K | - | - | Not recorded |
Founder / CEO
Michael Gokturk
CEO
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.
Payfirma Employees & Team Size
Payfirma employs approximately 14 people as of 2026, including 3 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 14 employees (April 2021) | Not recorded |
Frequently Asked Questions about Payfirma
Who owns Payfirma?
Payfirma is owned by Merrco Payments, which acquired it.
What is Payfirma's revenue?
As of 2021, Payfirma generated $1.2M in revenue.
Who founded Payfirma?
Payfirma was founded by Michael Gokturk.
When was Payfirma founded?
Payfirma was founded in 2010.
How much funding does Payfirma have?
Payfirma raised $22.3M across 8 rounds.
How many employees does Payfirma have?
As of 2021, Payfirma had 14 employees.
Where is Payfirma headquartered?
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.
Claim this profilePeople Also Viewed
Mobcoder Inc
Mobcoder is a global technology company specializing in AI development and innovative solutions...
Kiwi Biosciences
Patent-pending enzymes to break down common dietary triggers
Articence Inc
Enabling Contextual Intelligence for unstructured text data
CambioML
Retrieve and transform data from PDFs and forms
Wallet.Services
Developer of an online blockchain platform designed to manage technical issues and implement best...
FunRock
Developer of mobile strategy games intended to take the MMO strategy genre to the next level. The...
