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How Paynest CEO Matthew Craig grew Paynest to $6M revenue with a 46 person team in 2025.

Paynest is a payments amalgamator and a financial technology company focused on digitizing cash collection. They develop a one-stop-shop financial well-being platform for employees, offering services like salary advances and expense management.

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Paynest Revenue

In 2025, Paynest's revenue reached $6M. Since its launch in 2019, Paynest has shown consistent revenue growth.

Paynest Revenue GrowthReported revenue / ARR by year$0$2M$3M$5M$6M$8M2019202020212022202320242025$0$6MSource: GetLatka.com
YearMilestone
2025Paynest Hit $6m revenue in September 2025
2019Launched with $0 revenue

Paynest Valuation, Funding Rounds

Paynest's most recent disclosed valuation is $18M.

Paynest is a bootstrapped Financial Wellness Software startup. Founded in 2019, Paynest has grown to $6M in revenue without raising any venture capital or outside funding.

As a self-funded Financial Wellness Software SaaS company, Paynest has built its business with no outside investment.

Paynest Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120192019 cumulative: $0 • 2019 Founded: $02019 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Paynest Employees & Team Size

Paynest employs approximately 46 people as of 2026.

Paynest has 46 total employees in different roles and functions.

Paynest Team GrowthReported headcount over time010203040502019202020212022202320242025004646Source: GetLatka.com
YearMilestone
2025Reached 46 employees (September 2025)

Founder / CEO

Matthew Craig

Matthew Craig is listed as Founder / CEO at Paynest.

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Customers

We do not have customer count information for Paynest yet.

Frequently Asked Questions about Paynest

What is Paynest's revenue?

Paynest generates $6M in revenue.

Who is the CEO of Paynest?

The CEO of Paynest is Matthew Craig.

How much funding does Paynest have?

Paynest raised $0.

How many employees does Paynest have?

Paynest has 46 employees.

Where is Paynest headquarters?

Paynest is headquartered in Dubai, Dubai, United Arab Emirates.

Compare Paynest to the industry

Paynest operates across multiple industries. Browse revenue, funding, and growth data for Paynest in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Paynest Revenue 2025: $6M ARR, $18M Valuation