How PaySky CEO Waleed Sadek grew to $7.7M revenue with a 240 person team in 2024.
Developer of an electronic payment platform designed to simplify the process of making online payments. The company's platform offers an online and a multi-channel payment gateway for digital payment acceptance and for face-to-face payments either through in-store or card-on-delivery facilities that lets its users access a POS terminal with thermal printer for a conventional retail card acceptance, enabling customers to send or receive funds nationally and internationally and make digital, cashless payments in a quick, safe and secure way.
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PaySky Revenue
In 2024, PaySky's revenue reached $7.7M. The company previously reported $6.4M in 2024. Since its launch in 2017, PaySky has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | PaySky Hit $7.7m revenue in November 2024 | |
| 2024 | PaySky Hit $6.4m revenue in October 2024 | |
| 2023 | PaySky Hit $4.1m revenue in October 2023 | |
| 2021 | PaySky Hit $1.8m revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
PaySky Valuation, Funding Rounds
PaySky is a bootstrapped SaaS startup. Founded in 2017, PaySky has grown to $7.7M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, PaySky has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Waleed Sadek
Waleed Sadek is the Founder & CEO of PaySky, the disruptive payments platform with a vision of "Democratizing e-payments", founded in Egypt where it has redefined the whole e-Payments ecosystem in less than 18 months and now expanding into the rest of MEA region & beyond. Prior to founding PaySky, Mr. Sadek founded, co-founded andled multiple startups in FinTech & Enterprise Solutions domains, before starting his entrepreneurial pursue, Mr. Sadek had different management roles at different multinational companies, the latest of which was Visa Inc where he managed New technologies and Innovations for MEA region out of Cairo and Dubai offices and then moved to Visa's London office to manage Visa's Strategy for Central & Eastern Europe, Middle East & Africa (CEMEA) region.
Q&A
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Customers
We do not have customer count information for PaySky yet.
PaySky Employees & Team Size
PaySky employs approximately 240 people as of 2026, up from 186 in 2023, including 6 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 240 employees (December 2024) |
| 2024 | Reached 186 employees (October 2024) |
| 2023 | Reached 186 employees (October 2023) |
| 2022 | Reached 144 employees (October 2022) |
| 2021 | Reached 96 employees (December 2021) |
| 2021 | Reached 55 employees (April 2021) |
Frequently Asked Questions about PaySky
What is PaySky's revenue?
PaySky generates $7.7M in revenue.
Who founded PaySky?
PaySky was founded by Waleed Sadek.
Who is the CEO of PaySky?
The CEO of PaySky is Waleed Sadek.
How much funding does PaySky have?
PaySky raised $0.
How many employees does PaySky have?
PaySky has 240 employees.
Where is PaySky headquarters?
PaySky is headquartered in Egypt, Egypt.
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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