When was Pay3 founded?

Pay3 was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Pay3 located?

Pay3 is headquartered in San Francisco, United States. It is registered at 641 Sobha Dewflower, Sarakki Main Road 4th Cross, J.P. Nagar, 1st Phase, Bangalore, Bangalore, Karnataka, India, 560078.

Which legal entities is Pay3 associated with?

Pay3 is associated with MINASA TECHNOLOGIES INDIA PRIVATE LIMITED.

How many employees does Pay3 have?

As of May 31, 2026, the latest employee count at Pay3 is 18.

Is Pay3 a funded company?

Pay3 is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Oct 31, 2022.

How much is Pay3 worth?

The latest valuation of Pay3 is $***** as of Oct 31, 2022.

When was the latest funding round of Pay3?

Pay3's latest funding was a $***** Seed round on Oct 31, 2022, with participation from 3 investors. Its primary sector is Cryptocurrencies. In United States, the Cryptocurrencies sector has seen $1.33B in funding in 2026 to date.

Where does Pay3 rank among its competitors?

Pay3 ranks 9th amongst 282 active competitors, of which 39 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was dtcpay, which secured $10M in Mar, 2026.

Who are the top competitors of Pay3?

Pay3's top competitors include Simplex, CoinPayments and Coinflow. Among them, dtcpay secured the most recent funding round in March, 2026.

Pay3 - 2026 Company Profile, Team, Funding & Competitors

Company Details

Platform providing instant payment solutions for enterprises leveraging fiat rails & digital currency networks. It provides instant payment and an operating layer for a plug-and-play digital currency, enabling businesses to power payment across fiat.

Website: pay3.money
Social
Email ID: *****@pay3.money
Registered Address: 641 Sobha Dewflower, Sarakki Main Road 4th Cross, J.P. Nagar, 1st Phase, Bangalore, Bangalore, Karnataka, India, 560078

Key Metrics

Founded Year

2021

Location

San Francisco, United States

Stage

Seed

Total Funding

$583K in 1 round

Latest Funding Round

Seed, Oct 31, 2022, $*****

Post Money Valuation

$***** as on Oct 31, 2022

Investors

Multiply Ventures & 4 more

Ranked

9^th among 282 active competitors

Employee Count

18 as on May 31, 2026

Similar Companies

Simplex & 612 more

View Pay3's full profile

Pay3 is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MINASA TECHNOLOGIES INDIA PRIVATE LIMITED CIN: U72900KA2022FTC165832 , India, Active	Sep 07, 2022	0 - ₹10 Cr (As on Mar 31, 2025)	9 (As on Apr 01, 2026)

Pay3 has raised a total funding of $583K over 1 round. Its latest funding round was a Seed round on Oct 31, 2022 for $*****. 3 investors participated in its latest round. Pay3 has 5 institutional investors.

Here is the list of recent funding rounds of Pay3:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 31, 2022	2662460	Seed	8657685	4711302	8808867	6828825

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View details of Pay3's funding rounds and investors

The founders of Pay3 are Priya Karnik and Rajiv Thondanoor.

Here are the details of Pay3's key team members:

Priya Karnik: Co-Founder of Pay3 and founder of 1 other company. They are also an angel investor in 1 startup.
Contact Info: 2 email addresses
Rajiv Thondanoor: Co-Founder of Pay3.
Contact Info: 1 email address

View details of Pay3's Founder profiles and Board Members

Pay3's employee count trend

Pay3 has 18 employees as of May 26. Here is Pay3's employee count trend over the years:

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Top competitors of Pay3 include Simplex, CoinPayments and Coinflow. Here is the list of Top 10 competitors of Pay3, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	Cumberland Mining, BITMAIN & 12 others	73/100
2nd	CoinPayments 2013, Vancouver (Canada), Series A	Payment gateway solutions for cryptocurrencies	$30.1M	Newnote Financial	63/100
3rd	Coinflow 2022, Chicago (United States), Series A	Platform offering payment solutions to web3 companies	$28.7M	Jump Crypto, Pantera Capital & 10 others	57/100
4th	dtcpay 2019, Singapore (Singapore), Series A	Provider of platform enabling multi-currency swaps and digital payment solutions	$26.5M	Vertex Ventures & 1 others	55/100
5th	Kotani Pay 2021, Nairobi (Kenya), Seed	AI-backed payroll management platform for gig workers	$2M	P1 Ventures, Tether & 10 others	52/100
6th	Cyclops 2016, Miami (United States), Seed	Provider of crypto and stablecoin solutions for payments companies	$8M	Castle Island Ventures, F-Prime Capital & 3 others	52/100
7th	Wert 2020, Wilmington (United States), Seed	Online platform offering payments gateway for crypto	$5M	Tagus Capital, Launchbay Capital & 6 others	52/100
8th	Voltage 2020, Wichita (United States), Seed	Online platform providing solutions for accepting crypto payments	$6M	Trammell Venture Partners, Google Ventures ... & 8 others	52/100
9th	Pay3 2021, San Francisco (United States), Seed	Platform providing instant payment solutions for enterprises leveraging fiat rails & digital currency networks	$583K	Arka Venture Labs, Multiply Ventures & 3 others	52/100
10th	ACINQ 2014, Paris (France), Series A	API-linked crypto payment acceptance solutions for businesses	$10M	Serena, Idinvest Partners & 6 others	50/100

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Founders own 0.01%, Funds own 8.16% and Parent Entities (largest shareholder) own 91.84%. The net worth of Pay3's founders is INR 54K as of Oct 31, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	0.01%	54K	0	0	0	0
Rajiv Thondanoor	0	0	0	0	0	0
Fund	8.16%	4.8Cr	5418772	6005210	8418788	3833584
Multiply Ventures	896	330	478	384	644	147
Gemba Capital	61	17	66	33	65	90
Parent Entity	91.84%	54Cr	2046088	8153803	8901669	7618016
Total	100.00%	58.8Cr	9943573	3623656	1536259	1076516