What is HyperPay?
Founded in 2014 and headquartered in Saudi Arabia, HyperPay offers a robust payment gateway designed to enhance the online purchasing experience. The company provides internet businesses with flexible, secure, and user-friendly online payment acceptance and management solutions. Beyond basic gateway services, HyperPay delivers a comprehensive suite of online payment solutions catering to diverse merchant needs across numerous industries. This expansion of offerings has demonstrably contributed to substantial year-over-year growth in online sales for its merchants, underscoring the company's pivotal role in the region's digital economy.
How much funding has HyperPay raised?
HyperPay has raised a total of $40M across 1 funding round:
Other Financing Round
$40M
Other Financing Round (2022): $40M with participation from Mastercard
Key Investors in HyperPay
Mastercard
Mastercard is a global technology company in the payments industry, providing a wide range of payment solutions and services. Their involvement suggests a strategic partnership aimed at enhancing HyperPay's payment infrastructure and market reach.
What's next for HyperPay?
The substantial enterprise-level backing and recent strategic investment signal a phase of significant scaling and market expansion for HyperPay. This capital infusion is expected to fuel further development of its payment solutions, enhance its technological infrastructure, and broaden its reach within the competitive MENA fintech landscape. HyperPay's focus on empowering merchants with growth-oriented payment tools positions it for continued success in driving e-commerce adoption and innovation.
See full HyperPay company page
