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paynas

Cairo, Al Qahirah, Egypt

Valuation

$3.2M

2021 Revenue

$1.1M

Funding

$730K

Team

20

Founded

2018

How paynas CEO Mohamed ElHashemy grew to $1.1M revenue with a 20 person team in 2021.

Developer of a payroll enrollment platform designed to provide banking services and benefits to small-sized companies and their employees. The company's platform provides multiple HR features such as employee and payroll management, recruitment management, task management, attendance management with a time logging track system, enabling clients to provide its employees with bank accounts with Visa powered debt and credit card.

Last updated

paynas Revenue

In 2021, paynas's revenue reached $1.1M. Since its launch in 2018, paynas has shown consistent revenue growth.

paynas Revenue GrowthReported revenue / ARR over time$0$250K$500K$750K$1M$1M2018201920202021$0$1MSource: GetLatka.com
YearMilestoneQuote
2021paynas Hit $1.1m revenue in April 2021
2018Launched with $0 revenue

paynas Valuation, Funding Rounds

paynas's most recent disclosed valuation is $3.2M.

paynas has raised $730K in total funding across 2 rounds, with its most recent round in 2019.

paynas Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$200K$0.4$400K$0.6$600K$0.8$800K$1$1M20182019Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2019Funding round$680K--
2019Funding round$50K--

Founder / CEO

Mohamed ElHashemy

Mohamed Mounir ElHashemy - CEO - PayNas

Q&A

QuestionAnswer
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 paynas yet.

paynas Employees & Team Size

paynas employs approximately 20 people as of 2026, including 3 sales reps that carry a quota.

paynas Team GrowthReported headcount over time05101520252018201920202021002020Source: GetLatka.com
YearMilestone
2021Reached 20 employees (April 2021)

Frequently Asked Questions about paynas

What is paynas's revenue?

paynas generates $1.1M in revenue.

Who founded paynas?

paynas was founded by Mohamed ElHashemy.

Who is the CEO of paynas?

The CEO of paynas is Mohamed ElHashemy.

How much funding does paynas have?

paynas raised $730K.

How many employees does paynas have?

paynas has 20 employees.

Where is paynas headquarters?

paynas is headquartered in Cairo, Al Qahirah, Egypt.

Compare paynas to the industry

paynas operates across multiple industries. Browse revenue, funding, and growth data for paynas 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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paynas Revenue 2021: $1.1M ARR, $3.2M Valuation