Banana Pay
Banana Pay is a Philippines-based, privately held mobile application company founded in 2018 and headquartered in Makati, operating in the financial services category and serving the Philippine market with an 11–50 person team. Specific products, customers, and regulatory scope are not disclosed in the available data.
- Company typePrivate
- Founded2018
- HeadquartersMakati, Philippines
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
Banana Pay firmographics
Firmographics- Name
- Banana Pay
- Website
- https://bananapay.com.ph
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Banana Pay is a Philippines-based, privately held mobile application company founded in 2018 and headquartered in Makati, operating in the financial services category and serving the Philippine market with an 11–50 person team. Specific products, customers, and regulatory scope are not disclosed in the available data.
- Ownership category
- akta.pro rank
Where Banana Pay is headquartered
LocationHeadquarters
- HQ city
- Makati
- HQ country
- Philippines
- HQ region
- Asia
Markets served
Banana Pay business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations
Banana Pay product offering
Product offeringCore offering
Banana Pay is a mobile application that delivers financial services to users. The company operates a mobile app under the domain bananapay.com.ph, headquartered in Makati, Philippines, and was founded in 2018 with a team of 11-50 employees. The application's specific financial service offerings are not detailed in the available source material.
Differentiator
Problem solved
Functional benefit
Products and services
- Banana Pay Mobile App
Companies that use Banana Pay
Customer profileIdeal customer profiles1 record
Banana Pay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Banana Pay competitors and assessment
Company assessmentDirect peers
- GCash (Mynt): The dominant Philippine consumer e-wallet and mobile financial services app, offering payments, bill pay, savings, and credit. Directly competes with Banana Pay for the same Filipino mobile-first financial services user.
- Maya Philippines: Second major Philippine mobile wallet offering payments, bill pay, savings, and lending through a single app. A direct competitor to Banana Pay in the same consumer mobile financial services category.
- Coins.ph: Philippine mobile wallet combining payments, remittances, and crypto services. Competes with Banana Pay for Filipino consumers seeking a mobile-first alternative to GCash and Maya.
- GrabPay Philippines: The payments and wallet arm of Grab in the Philippines, embedded within the broader Grab super-app. Competes with Banana Pay in mobile payments and bill-pay-style use cases for Filipino consumers.
- PayMongo: Philippine payments infrastructure provider serving online merchants, with overlap on bill pay and digital payments rails that intersect with mobile-first consumer financial services in the Philippines.
- ShopeePay Philippines: E-commerce-linked digital wallet operating in the Philippines with bill pay and person-to-person payments. Competes with Banana Pay for share of Filipino consumers' mobile payment activity.
Regional players
- Xendit: Southeast Asia (Indonesia/Philippines-focused) payments platform offering digital payments, disbursements, and bill pay rails. Regional comparable because it serves the Philippines with overlapping bill pay and digital banking infrastructure capabilities.
- Akulaku: Southeast Asia digital finance platform with strong Philippines presence, offering payments, BNPL, and consumer credit through a mobile app. Comparable as a regional mobile financial services player targeting Filipino consumers.
Broad incumbents
- Payoneer Philippines: Global cross-border payments and digital banking platform with significant Philippines freelancer/SME user base. Comparable as a broader incumbent offering mobile-first financial services to Filipino consumers and businesses.
- UnionBank of the Philippines: One of the Philippines' leading digital-first banks offering mobile consumer financial services including payments and bill pay. Serves as a broad incumbent comparable to Banana Pay's mobile financial services positioning.
Market position
Customer concentration
Banana Pay social profiles
Digital presenceBanana Pay financial estimates
Financial estimateRevenue estimate
Valuation estimate
Banana Pay leadership team
Management profileNumber of profiles
Banana Pay funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Banana Pay 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 Banana Pay
What does Banana Pay do?
Banana Pay is a mobile application that delivers financial services to users. The company operates a mobile app under the domain bananapay.com.ph, headquartered in Makati, Philippines, and was founded in 2018 with a team of 11-50 employees. The application's specific financial service offerings are not detailed in the available source material.
Is Banana Pay a public or private company?
Banana Pay is a private company. It is classified as unknown and is currently operating.
When was Banana Pay founded?
Banana Pay was founded in 2018. It employs 11 to 50 people.
Where is Banana Pay based?
Banana Pay is headquartered in Makati, Philippines, in the Asia region.
Who are Banana Pay's main competitors?
Direct peers on record are GCash (Mynt), Maya Philippines, Coins.ph, GrabPay Philippines, PayMongo and ShopeePay Philippines. Regional players are Xendit and Akulaku. Broad incumbents are Payoneer Philippines and UnionBank of the Philippines.
Does Banana Pay have an API?
No public API is recorded for Banana Pay.