When was HitPay founded?

HitPay was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Where is HitPay located?

HitPay is headquartered in Singapore, Singapore. It is registered at "1 KEONG SAIK ROAD SINGAPORE 089109 ".

Who is the current CEO of HitPay?

Aditya Haripurkar of HitPay. They have also founded 1 company.

Which legal entities is HitPay associated with?

HitPay is associated with HitPay Payment Solutions Pte Ltd and 1 other.

How many employees does HitPay have?

As of Apr 30, 2026, the latest employee count at HitPay is 54.

Is HitPay a funded company?

HitPay is a funded company, having raised a total of $15.9M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 01, 2021.

When was the latest funding round of HitPay?

HitPay's latest funding was a $***** Series A round on May 04, 2022, with participation from 3 investors. Its primary sector is Payments. In Singapore, the Payments sector has seen $355M in funding in 2026 to date.

What is the annual revenue of HitPay?

Annual revenue of HitPay is 11.9M SGD as on Feb 28, 2025.

Where does HitPay rank among its competitors?

HitPay ranks 12th amongst 203 active competitors, of which 29 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was PayU, which secured $35.1M in Jul, 2025.

Who are the top competitors of HitPay?

HitPay's top competitors include Stripe, PayU and Flutterwave. Among them, PayU secured the most recent funding round in July, 2025.

HitPay - 2026 Company Profile, Team, Funding, Competitors & Financials

HitPay is a series A company based in Singapore (Singapore), founded in 2016 by Aditya Haripurkar and Nitin Muthyala. It operates as a Provider of payment solutions for e-commerce and in-person sales. HitPay has raised $15.9M in funding from Y Combinator and Tiger Global Management. The company has 203 active competitors, including 29 funded and 23 that have exited. Its top competitors include companies like Stripe, PayU and Flutterwave.

Company Details

Provider of payment solutions for e-commerce and in-person sales. The company offers tools to customize checkout user interfaces and process payments. It provides invoicing, recurring billing, payment link features, and an online store builder. The company also offers point-of-sale systems and payment APIs.

Website: hitpayapp.com
Social
Email ID: *****@hit-pay.com
Registered Address: "1 KEONG SAIK ROAD SINGAPORE 089109 "

Key Metrics

Founded Year

2016

Location

Singapore, Singapore

Stage

Series A

Total Funding

$15.9M in 2 rounds

Latest Funding Round

Series A, May 04, 2022, $*****

Investors

Y Combinator & 4 more

Ranked

12^th among 203 active competitors

Annual Revenue

11.9M SGD as on Feb 28, 2025

Employee Count

54 as on Apr 30, 2026

Similar Companies

Stripe & 5695 more

View HitPay's full profile

HitPay is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HitPay Payment Solutions Pte Ltd CIN: 201605883W , Singapore, Active	Mar 07, 2016	$8.86M (As on Feb 28, 2025)	-
HITPAY PAYMENT SOLUTIONS PTY LTD CIN: 662963895 , Australia, Active	Oct 06, 2022	-	-	-

HitPay has raised a total funding of $15.9M over 2 rounds. Its first funding round was on Sep 01, 2021. Its latest funding round was a Series A round on May 04, 2022 for $*****. 3 investors participated in its latest round. HitPay has 4 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of HitPay:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 04, 2022	4771910	Series A	5726512	1989387	6235272	4363272
Sep 01, 2021	1788276	Seed	5218078	7741383	Y Combinator	4262820

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View details of HitPay's funding rounds and investors

The founders of HitPay are Aditya Haripurkar and Nitin Muthyala. Aditya Haripurkar is the CEO of HitPay.

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

Aditya Haripurkar: Co-Founder & CEO of HitPay. They serve on the board of 1 company.
Contact Info: 1 email address
Nitin Muthyala: Co-Founder and CTO of HitPay.

HitPay's Board of Directors

HitPay's board has 2 active members. Aditya Haripurkar and Nitin Muthyala are part of team.

Here is the list of HitPay's board of directors:

Name	Type	Representing	Status	Duration
Aditya Haripurkar	Team	-	Current	10y 2m
Nitin Muthyala	Team	-	Current	4y 1m

View details of HitPay's Founder profiles and Board Members

HitPay's employee count trend

HitPay has 54 employees as of Apr 26. Here is HitPay's employee count trend over the years:

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Top competitors of HitPay include Stripe, PayU and Flutterwave. Here is the list of Top 10 competitors of HitPay, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 125 others	86/100
2nd	PayU 2002, Amsterdam (Netherlands), Series C	Provider of online payment solutions and financial services for businesses	$35.1M	Naspers, Prosus & 5 others	84/100
3rd	Flutterwave 2016, San Francisco (United States), Series D	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Tiger Global Management & 71 others	83/100
4th	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$554M	Accel, Tiger Global Management & 28 others	83/100
5th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 15 others	80/100
6th	Rapyd 2016, London (United Kingdom), Series F	Provider of financial infrastructure for processing payments and issuing cards	$1.01B	Tal Capital, General Catalyst & 33 others	76/100
7th	ACI Worldwide 1975, Omaha (United States), Public	Process and manage digital payments	-	JMI Management, ABS Capital & 2 others	73/100
8th	Ezetap 2011, Bengaluru (India), Acquired	Cloud-based mPOS software and hardware solutions for businesses	$66.4M	Social Capital, Helion Venture Partners & 43 others	72/100
9th	2C2P 2003, Singapore (Singapore), Acquired	Payment processing solutions for businesses	$85M	IFC, Cento Ventures & 11 others	70/100
10th	AGS Transact Technologies 2002, Mumbai (India), Public	Provider of end-to-end payment processing solutions for merchants and businesses	$81M	TPG, Actis & 14 others	69/100
12th	HitPay 2016, Singapore (Singapore), Series A	Provider of payment solutions for e-commerce and in-person sales	$15.9M	Tiger Global Management, Y Combinator & 3 others	66/100