Where is FastPay located?

FastPay is headquartered in Erbil, Iraq.

How many employees does FastPay have?

As of Jun 30, 2026, the latest employee count at FastPay is 297.

Is FastPay a funded company?

FastPay is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does FastPay rank among its competitors?

FastPay ranks 277th amongst 1440 active competitors, of which 138 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Jupiter, which secured $15M in Oct, 2025.

Who are the top competitors of FastPay?

FastPay's top competitors include Grab, PhonePe and Jupiter. Among them, Jupiter secured the most recent funding round in October, 2025.

FastPay - 2026 Company Profile, Team & Competitors

Company Details

Website: fast-pay.iq
Social

Key Metrics

Founded Year

2016

Location

Erbil, Iraq

Stage

Funding Raised

Ranked

277^th among 1440 active competitors

Employee Count

297 as on Jun 30, 2026

Similar Companies

PhonePe & 326 more

View FastPay's full profile

FastPay is a funded company.

The founders of FastPay is Sarkat Junaid.

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

Sarkat Junaid: Founder of FastPay and founder of 1 other company.

View details of FastPay's Founder profiles and Board Members

FastPay's employee count trend

FastPay has 297 employees as of Jun 26. Here is FastPay's employee count trend over the years:

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Top competitors of FastPay include Grab, PhonePe and Jupiter. Here is the list of Top 10 competitors of FastPay, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Grab 2012, Singapore (Singapore), Public	Operator of a platform providing ride-hailing, food delivery, and payment services	$10.4B	DiDi, SoftBank Group & 104 others	88/100
2nd	PhonePe 2015, Bengaluru (India), Acquired	Provider of digital payment, financial, and technology solutions for consumers	$1.01B	General Atlantic, Walmart & 25 others	86/100
3rd	Jupiter 2019, Mumbai (India), Series C	Online platform offering a suite of financial services	$201M	Peak XV Partners, Z47 & 77 others	76/100
4th	RecargaPay 2004, Sao Paulo (Brazil), Series C	Mobile wallet and prepaid card provider	$127M	IDC Ventures, DN Capital & 26 others	76/100
5th	Venmo 2009, New York City (United States), Acquired	Provider of a platform for sending and receiving payments between users	$1.3M	General Catalyst, Greycroft & 8 others	76/100
6th	Paytm 2000, Noida (India), Public	Provider of digital payment processing and financial service management tools	$2.76B	Alibaba Group, Berkshire Hathaway & 76 others	75/100
7th	Curve 2015, London (United Kingdom), Acquired	Provider of digital wallet software consolidating multiple payment card accounts	$323M	Cohen Circle, IDC Ventures & 105 others	75/100
8th	Citrus Pay 2011, Mumbai (India), Acquired	Online payment app for consumers and businesses	$32.5M	Peak XV Partners, Ascent Capital & 4 others	74/100
9th	GCash 2015, Taguig (Philippines), Series D	Provider of a platform for financial transactions and related services	$175M	Bow Wave Capital Management, Warburg Pincus ... & 1 others	73/100
10th	bKash 2011, Dhaka (Bangladesh), Series C	Mobile financial services and payment system for consumers	$261M	SoftBank Vision Fund, Alipay & 3 others	73/100
277th	FastPay 2016, Erbil (Iraq), Funding Raised	App-based wallet platform for multiple payments	-	-	39/100