SmartPesa
Singapore-based payments technology company founded in 2014 offering omnichannel payment acceptance (mPOS, card, and non-card) and agency banking solutions, with a technology linkage to Mypinpad's SoftPOS platform and a headcount of 11-50.
- Company typePrivate
- Founded2014
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What SmartPesa does
SmartPesa is a Singapore-headquartered, private payments technology company founded in 2014 that provides omnichannel payment acceptance and agency banking solutions. Its product scope spans mobile point-of-sale (mPOS) terminals alongside card-based and non-card-based payment flows, positioning the firm in the merchant acquisition and retail banking infrastructure layer. The company operates at modest scale, with a headcount of 11-50 employees and disclosed equity funding of approximately $658,000 across three early-stage rounds dated 2015-07-21, 2016-07-26, and 2017-06-05. Leadership is anchored by founder and Executive Chairman Barry Levett and Chief Executive Officer Ramesh Jairam.
The company's technology footprint bridges traditional card acceptance with newer mobile and agent-based rails, with an observable link to Mypinpad — a SoftPOS and secure mobile payment solutions provider — suggesting SmartPesa either utilizes or partners around PIN-on-mobile / software-based POS technology. No pricing model, named customer base, or commercial go-to-market mechanics are disclosed in the available data, limiting visibility into revenue generation and customer mix. The agency banking positioning implies exposure to underbanked or emerging-market merchant segments, where banking agents facilitate cash-in, cash-out, and payment services on behalf of financial institutions; this shapes the addressable customer base toward fintechs, banks, and merchants in markets where agent networks substitute for traditional branch infrastructure.
The firm's commercial trajectory, on the limited evidence available, suggests an early-stage profile: extremely small disclosed funding rounds, no later-stage capital visible, no customer logos or revenue metrics, and a modest headcount band. The combination of mPOS hardware, omnichannel software acceptance, and agency banking capability is technically broad for a sub-50 employee firm, indicating either a focused platform play with constrained distribution or an operation that has reached a steady state without obvious scaling signals since 2017.
SmartPesa firmographics
Firmographics- Name
- SmartPesa
- Legal name
- Mypinpad
- Website
- https://smartpesa.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Singapore-based payments technology company founded in 2014 offering omnichannel payment acceptance (mPOS, card, and non-card) and agency banking solutions, with a technology linkage to Mypinpad's SoftPOS platform and a headcount of 11-50.
- Ownership category
- akta.pro rank
SmartPesa industry classification
Industry- Product category
- Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Sales Financing (52222)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Card Issuing & Program Management Platforms (BPAMAFAH)
- akta.pro secondary industries
- A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)
Keywords
Where SmartPesa is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
SmartPesa business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
SmartPesa product offering
Product offeringCore offering
SmartPesa provides omnichannel payments and agency banking solutions, incorporating mobile point-of-sale (mPOS), card and non-card based payments. The company delivers payment acceptance and banking-as-a-service technology primarily to merchants, financial institutions, and agent banking operators in emerging and developed markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Omnichannel Payments Platform
- Mobile Point-of-Sale (mPOS)
- Agency Banking Solutions
- Card Payment Processing
- Non-Card Payment Processing
Companies that use SmartPesa
Customer profileIdeal customer profiles2 records
SmartPesa technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
SmartPesa partnerships and signals
Strategic signalRecent moves5 records
Expansion highlights4 records
SmartPesa competitors and assessment
Company assessmentDirect peers
- SumUp: SumUp provides mobile card readers and payment acceptance for small merchants across Europe and other geographies; directly competes with SmartPesa in the mPOS and SMB omnichannel acceptance category.
- Mypinpad: Mypinpad provides SoftPOS and secure mobile payment acceptance, directly comparable to SmartPesa's mPOS and card acceptance offering. Both serve merchants needing PIN-on-glass and mobile-based card payment acceptance.
- Square (Block): Square pioneered low-cost mPOS hardware and integrated payments software; the closest large-scale direct competitor to SmartPesa in mobile merchant card acceptance and omnichannel merchant services.
- iZettle (now Zettle by PayPal): Zettle offers mobile point-of-sale card readers and omnichannel payment tools, directly competing with SmartPesa's mPOS focus. Originally a pioneer of smartphone-based card acceptance for SMBs.
- myPOS: myPOS offers mobile POS terminals and integrated merchant acquiring across Europe; comparable to SmartPesa in delivering card-present acceptance plus merchant banking/payout services.
Broad incumbents
- Ingenico (Worldline): Ingenico, now part of Worldline, is a leading global payment terminal and merchant services provider; competes with SmartPesa's merchant acceptance rail at the broader hardware/services level across multiple geographies.
- Stripe: Stripe provides integrated online and increasingly omnichannel payment processing for merchants; comparable to SmartPesa in delivering card and non-card acceptance APIs and merchant onboarding at scale.
- Verifone: Verifone is a global provider of payment terminals and integrated commerce solutions; a broad incumbent competing in the same card acceptance space as SmartPesa, but operating at much larger scale with full POS hardware portfolios.
- Adyen: Adyen offers a unified global payments platform covering cards, local methods, and omnichannel; comparable to SmartPesa in supporting multiple payment types per merchant through a single integration, though at a far larger enterprise scale.
Emerging players
- Powa Technologies: Powa built an omnichannel commerce and payments platform with mPOS capabilities similar in scope to SmartPesa's omnichannel offering; comparable architecture combining mobile acceptance with broader merchant tools.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights4 records
Customer concentration
SmartPesa social profiles
Digital presenceSmartPesa financial estimates
Financial estimateRevenue estimate
Valuation estimate
SmartPesa leadership team
Management profileNumber of profiles
Profiles2 records
SmartPesa funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SmartPesa M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SmartPesa
What does SmartPesa do?
SmartPesa provides omnichannel payments and agency banking solutions, incorporating mobile point-of-sale (mPOS), card and non-card based payments. The company delivers payment acceptance and banking-as-a-service technology primarily to merchants, financial institutions, and agent banking operators in emerging and developed markets.
Is SmartPesa a public or private company?
SmartPesa is a private company. It is classified as venture growth investor backed and is currently operating.
When was SmartPesa founded?
SmartPesa was founded in 2014. It employs 11 to 50 people.
Where is SmartPesa based?
SmartPesa is headquartered in Singapore, Singapore, in the Asia region.
Who are SmartPesa's main competitors?
Direct peers on record are SumUp, Mypinpad, Square (Block), iZettle (now Zettle by PayPal) and myPOS. Broad incumbents are Ingenico (Worldline), Stripe, Verifone and Adyen. Powa Technologies is listed as an emerging player.
Does SmartPesa have an API?
No public API is recorded for SmartPesa.
What industry is SmartPesa in?
SmartPesa's product category is Payment Processing. Its primary akta.pro industry code is BPAMAFAH, Card Issuing & Program Management Platforms, with a secondary code of FSAMAFAF, A2A Checkout & Merchant Acceptance Solutions. Its NAICS code is 52232 and its SIC code is 6199.