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MPT PAY - About the company

MPT PAY is a seed company based in Sheffield (United Kingdom), founded in 2019 by Andrey Kryvosheiev. It operates as a Digital-only bank. MPT PAY has raised $10M in funding. The company has 127 active competitors, including 14 funded and 2 that have exited. Its top competitors include companies like Monese, Callosum and Voiceflow.

Company Details

MPT PAY is a digital-only bank for individuals and businesses. The company offers Euro IBAN account and debit card linked to the account. Supports international payments and charges a commission fee of 1-1.5%. Allows users to open electronic wallets in over 150+ currencies.
Social
Facebook
Email ID
*****@mptpay.com
Registered Address
311 Shoreham Street, Sheffield, South Yorkshire, United Kingdom, S2 4FA
Key Metrics
Founded Year
2019
Location
Sheffield, United Kingdom
Stage
Seed
Total Funding
$10M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
2 as on Sep 30, 2026
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MPT PAY's funding and investors

MPT PAY has raised a total funding of $10M over 1 round. Its latest funding round was a Seed round on Oct 2020 for $*****. 1 investor participated in its latest round. MPT PAY has 1 institutional investor.

Here is the list of recent funding rounds of MPT PAY:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 2020
9721527
Seed
3507466
9236698
5496477
7785062
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MPT PAY's founders and board of directors

Founder? Claim Profile
The founders of MPT PAY is Andrey Kryvosheiev.
Here are the details of MPT PAY's key team members:

MPT PAY's employee count trend

MPT PAY has 2 employees as of Sep 26. Here is MPT PAY's employee count trend over the years:
Employee count trend for MPT PAY
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MPT PAY's Competitors and alternates

Top competitors of MPT PAY include Monese, Callosum and Voiceflow. Here is the list of Top 10 competitors of MPT PAY, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Monese
Monese
2013, London (United Kingdom), Acquired
Provider of digital bank solutions for individuals and businesses
$269M
65/100
2nd
Logo for Callosum
Callosum
2025, London (United Kingdom), Seed
AI infrastructure company providing systems-level software
$110M
56/100
3rd
Logo for Voiceflow
Voiceflow
2018, San Francisco (United States), Series A
Developer of an enterprise conversational AI platform that enables teams to design, build, and deploy intelligent agents across multiple channels
$38.5M
52/100
4th
Logo for Archestra
Archestra
2025, London (United Kingdom), Seed
Platform providing secure enterprise integration of AI agents and data
$13.5M
50/100
5th
Logo for Zvilo
Zvilo
2019, London (United Kingdom), Seed
Digital bank for individuals & businesses
$591K
42/100
6th
Logo for Noxus
Noxus
2023, London (United Kingdom), Seed
Developer of an AI platform for complex operational workflows
$1.5M
41/100
7th
Logo for Chetwood Bank
Chetwood Bank
2016, Wrexham (United Kingdom), Unfunded
Provider of a digital banking platform for financial application
-
-
38/100
8th
Logo for Riplo
Riplo
2025, London (United Kingdom), Seed
Developer of an agentic operating system for the consulting industry
$3.1M
38/100
9th
Logo for Fortu
Fortu
2019, London (United Kingdom), Seed
Digital bank for individuals & businesses
$685K
36/100
10th
Logo for AltPay
AltPay
2018, London (United Kingdom), Seed
Internet-first bank
$384K
-
36/100
21st
Logo for MPT PAY
MPT PAY
2019, Sheffield (United Kingdom), Seed
Digital-only bank
$10M
25/100
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MPT PAY's Investments and acquisitions

MPT PAY has made no investments or acquisitions yet.

Reports related to MPT PAY

Here is the latest report on MPT PAY's sector:

FAQs about MPT PAY

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