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EthioPay

Full company profile

uuid0007dy7

Namestring
EthioPay
Websiteurl
ethiopaycenter.com
Company typeenum
Private
Founded yearint
2018
Short descriptiontext

EthioPay is a privately held, Atlanta-based early-stage company founded in 2018, tagged as operating in SaaS, mobile applications, payments, and mobile money, with 1–10 employees and a parked corporate domain indicating no active commercial presence.

Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersAtlanta, United States
HQ citystring
Atlanta
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
mobile payments, mobile money, digital wallet, money transfer, payment app
Industry3 codes
PRIMARYFSAGAAAF
Digital Payments & Money Movement (ACH/SEPA/FPS, Bill Pay, P2P)
Financial & Insurance/Financial Technology (Fintech)/Digital Banking & Neobanking Platforms
SECONDARYFSAMAEAJ
Cash-in/Cash-out Agent Network Wallets
Financial & Insurance/Payments & Transaction Processing/Digital Wallets & Mobile Payments
SECONDARYFSAGALAB
Embedded Payments (Pay-ins, Pay-outs, Wallets)
Financial & Insurance/Financial Technology (Fintech)/Embedded Finance & Banking-as-a-Service (BaaS)
NAICS code1 code
  • Information51
SIC code2 codes
  • Services-Prepackaged Software7372
  • Finance Services6199
Product category
Mobile Payments
Social media profiles1 record
Cost components3 values
Personnel, Technology or R&D, Operations
GTM typeB2C
B2C
Offering typeSoftware
Software
Core offering1 text field

EthioPay operates a software-based mobile payments and mobile money service, delivered through a mobile application under a SaaS distribution model. The offering is categorized under payments and mobile money, suggesting person-to-person transfers, wallet functionality, or remittance-style flows. Specific feature scope, supported corridors, and customer-facing flows are not described in the available source material.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1EthioPay Mobile Payments App
CategoryMobile Payments / Mobile Money Software
Description

Mobile application offering categorized as SaaS, Mobile App, Payments, and Mobile Money — implying digital wallet, person-to-person transfers, and/or mobile money functionality delivered via smartphone app. Specific transaction types, supported corridors, and feature scope are not described in the available source material.

No data
Peers10 records
1Telebirr
TypeBroad incumbent
Description

Ethiopia's dominant state-backed mobile money platform operated by Safaricom/Ethio Telecom. Directly comparable to EthioPay's stated mobile money focus and serves as the primary in-country competitor for any Ethiopia-facing payments product.

2Chipper Cash
TypeDirect peer
Description

Cross-border payments app targeting African corridors, including Ethiopia-adjacent remittances. Highly comparable to EthioPay's mobile app + payments positioning, especially for diaspora use cases.

3Remitly
TypeBroad incumbent
Description

U.S.-headquartered digital remittance company serving African corridors including Ethiopia. Comparable as a U.S.-based, mobile-first remittance competitor with diaspora focus.

4Sendwave
TypeDirect peer
Description

Mobile remittance app focused on African corridors with low-fee P2P transfers. Directly comparable product (mobile app) and customer (diaspora senders) to EthioPay's stated focus.

5Paga
TypeEmerging player
Description

Nigerian mobile money and payments platform offering agent banking and merchant payments. Comparable as an African-focused mobile money operator with a similar mix of consumer wallet and merchant services.

6Kuda Bank
TypeEmerging player
Description

African digital-only bank offering mobile-first payments and money management. Comparable as a SaaS/mobile app fintech targeting underbanked African consumers with a similar delivery model.

7WorldRemit
TypeDirect peer
Description

Global digital remittance platform with strong Ethiopia payout coverage. Directly comparable for the U.S.-Ethiopia diaspora remittance corridor EthioPay appears to target.

8M-Birr
TypeRegional player
Description

Ethiopian mobile money service targeting diaspora remittances and domestic payments. Direct in-market competitor to EthioPay's Ethiopia focus, especially for cross-border corridors.

9M-Pesa
TypeBroad incumbent
Description

The original African mobile money platform (Vodafone/Safaricom), offering mobile wallet, P2P transfers, and merchant payments. Closest analog at scale for an 'EthioPay-style' mobile money + payments service.

10Wave
TypeDirect peer
Description

Mobile money operator in Senegal, Côte d'Ivoire, and other African markets, offering low-cost P2P transfers via mobile app. Closely matches EthioPay's planned model of mobile-first money movement for an underbanked African market.

Market position
Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

EthioPay

Mobile Paymentsethiopaycenter.com

EthioPay is a privately held, Atlanta-based early-stage company founded in 2018, tagged as operating in SaaS, mobile applications, payments, and mobile money, with 1–10 employees and a parked corporate domain indicating no active commercial presence.

EthioPay firmographics

Firmographics
Name
EthioPay
Website
https://ethiopaycenter.com
Company type
Private
Founded year
2018
Headcount range
1–10 employees
Short description
EthioPay is a privately held, Atlanta-based early-stage company founded in 2018, tagged as operating in SaaS, mobile applications, payments, and mobile money, with 1–10 employees and a parked corporate domain indicating no active commercial presence.
Ownership category
akta.pro rank

EthioPay industry classification

Industry
Product category
Mobile Payments
NAICS
Information (51)
SIC
Services-Prepackaged Software (7372), Finance Services (6199)
akta.pro industry
PRIMARYFSAGAAAF
Digital Payments & Money Movement (ACH/SEPA/FPS, Bill Pay, P2P)
Financial & Insurance/Financial Technology (Fintech)/Digital Banking & Neobanking Platforms
SECONDARYFSAMAEAJ
Cash-in/Cash-out Agent Network Wallets
Financial & Insurance/Payments & Transaction Processing/Digital Wallets & Mobile Payments
SECONDARYFSAGALAB
Embedded Payments (Pay-ins, Pay-outs, Wallets)
Financial & Insurance/Financial Technology (Fintech)/Embedded Finance & Banking-as-a-Service (BaaS)

Keywords

  • Mobile payments
  • Mobile money
  • Digital wallet
  • Money transfer
  • Payment app

Where EthioPay is headquartered

Location

Headquarters

HQ city
Atlanta
HQ country
United States
HQ region
North America

Markets served

EthioPay business model

Business model
GTM type
B2C
Offering type
Software
Cost components
Personnel, Technology or R&D, Operations

EthioPay product offering

Product offering

Core offering

EthioPay operates a software-based mobile payments and mobile money service, delivered through a mobile application under a SaaS distribution model. The offering is categorized under payments and mobile money, suggesting person-to-person transfers, wallet functionality, or remittance-style flows. Specific feature scope, supported corridors, and customer-facing flows are not described in the available source material.

Differentiator

Problem solved

Functional benefit

Products and services

  • EthioPay Mobile Payments App Mobile application offering categorized as SaaS, Mobile App, Payments, and Mobile Money — implying digital wallet, person-to-person transfers, and/or mobile money functionality delivered via smartphone app. Specific transaction types, supported corridors, and feature scope are not described in the available source material.

Companies that use EthioPay

Customer profile

Ideal customer profiles1 record

EthioPay technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

EthioPay competitors and assessment

Company assessment

Broad incumbents

  • Telebirr: Ethiopia's dominant state-backed mobile money platform operated by Safaricom/Ethio Telecom. Directly comparable to EthioPay's stated mobile money focus and serves as the primary in-country competitor for any Ethiopia-facing payments product.
  • Remitly: U.S.-headquartered digital remittance company serving African corridors including Ethiopia. Comparable as a U.S.-based, mobile-first remittance competitor with diaspora focus.
  • M-Pesa: The original African mobile money platform (Vodafone/Safaricom), offering mobile wallet, P2P transfers, and merchant payments. Closest analog at scale for an 'EthioPay-style' mobile money + payments service.

Direct peers

  • Chipper Cash: Cross-border payments app targeting African corridors, including Ethiopia-adjacent remittances. Highly comparable to EthioPay's mobile app + payments positioning, especially for diaspora use cases.
  • Sendwave: Mobile remittance app focused on African corridors with low-fee P2P transfers. Directly comparable product (mobile app) and customer (diaspora senders) to EthioPay's stated focus.
  • WorldRemit: Global digital remittance platform with strong Ethiopia payout coverage. Directly comparable for the U.S.-Ethiopia diaspora remittance corridor EthioPay appears to target.
  • Wave: Mobile money operator in Senegal, Côte d'Ivoire, and other African markets, offering low-cost P2P transfers via mobile app. Closely matches EthioPay's planned model of mobile-first money movement for an underbanked African market.

Emerging players

  • Paga: Nigerian mobile money and payments platform offering agent banking and merchant payments. Comparable as an African-focused mobile money operator with a similar mix of consumer wallet and merchant services.
  • Kuda Bank: African digital-only bank offering mobile-first payments and money management. Comparable as a SaaS/mobile app fintech targeting underbanked African consumers with a similar delivery model.

Regional players

  • M-Birr: Ethiopian mobile money service targeting diaspora remittances and domestic payments. Direct in-market competitor to EthioPay's Ethiopia focus, especially for cross-border corridors.

Market position

Customer concentration

EthioPay social profiles

Digital presence

EthioPay financial estimates

Financial estimate

Revenue estimate

Valuation estimate

EthioPay leadership team

Management profile

Number of profiles

Profiles2 records

EthioPay funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

EthioPay M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EthioPay

What does EthioPay do?

EthioPay operates a software-based mobile payments and mobile money service, delivered through a mobile application under a SaaS distribution model. The offering is categorized under payments and mobile money, suggesting person-to-person transfers, wallet functionality, or remittance-style flows. Specific feature scope, supported corridors, and customer-facing flows are not described in the available source material.

When was EthioPay founded?

EthioPay was founded in 2018. It employs 1 to 10 people.

Where is EthioPay based?

EthioPay is headquartered in Atlanta, United States, in the North America region.

Who are EthioPay's main competitors?

Broad incumbents on record are Telebirr, Remitly and M-Pesa. Direct peers are Chipper Cash, Sendwave, WorldRemit and Wave. Emerging players are Paga and Kuda Bank. M-Birr is listed as a regional player.

Does EthioPay have an API?

No public API is recorded for EthioPay.

What industry is EthioPay in?

EthioPay's product category is Mobile Payments. Its primary akta.pro industry code is FSAGAAAF, Digital Payments & Money Movement (ACH/SEPA/FPS, Bill Pay, P2P), with a secondary code of FSAMAEAJ, Cash-in/Cash-out Agent Network Wallets. Its NAICS code is 51 and its SIC code is 7372.

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