When was Munify founded?

Munify was founded in 2025 and raised its 1st funding round within a year of its incorporation.

Where is Munify located?

Munify is headquartered in Dover, United States.

Who is the current CEO of Munify?

Khalid Ashmawy of Munify. They have also founded 1 company.

How many employees does Munify have?

As of Sep 30, 2026, the latest employee count at Munify is 13.

Is Munify a funded company?

Munify is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Aug 31, 2025.

When was the latest funding round of Munify?

Munify's latest funding was a $***** Seed round on Aug 31, 2025, with participation from 6 investors. Its primary sector is Payments. In United States, the Payments sector has seen $7.99B in funding in 2026 to date.

Where does Munify rank among its competitors?

Munify ranks 6th amongst 75 active competitors, of which 8 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Munify, which secured $4.5M in Aug, 2025.

Who are the top competitors of Munify?

Munify's top competitors include Pleo, Marqeta and Lithic. Among them, Munify secured the most recent funding round in August, 2025.

Munify - 2026 Company Profile, Team, Funding & Competitors

Munify is a seed company based in Dover (United States), founded in 2025 by Khalid Ashmawy. It operates as a Provider of digital financial tools for global currency management services. Munify has raised $4.5M in funding. The company has 75 active competitors, including 8 funded and 3 that have exited. Its top competitors include companies like Pleo, Marqeta and Lithic.

Company Details

Provider of digital financial tools for global currency management services. This platform enables users to hold multiple currencies, execute cross-border transfers, and issue virtual payment cards. It utilizes blockchain technology to facilitate secure transactions and provides infrastructure for businesses to manage payouts and pay-ins. The system offers non-custodial wallets, ensuring users maintain control over their assets without reliance on traditional banking institutions. Additional features include professional invoicing capabilities and application programming interfaces for integration into existing financial workflows. The service focuses on providing scalable solutions for individuals and organizations to move funds across borders efficiently.

Key Metrics

Founded Year

2025

Location

Dover, United States

Stage

Seed

Total Funding

$4.5M in 1 round

Latest Funding Round

Seed, Aug 31, 2025, $*****

Investors

Digital Currency Group & 7 more

Ranked

6^th among 75 active competitors

Employee Count

13 as on Sep 30, 2026

Similar Companies

Pleo & 76 more

View Munify's full profile

Munify has raised a total funding of $4.5M over 1 round. Its latest funding round was a Seed round on Aug 31, 2025 for $*****. 6 investors participated in its latest round. Munify has 8 institutional investors.

Here is the list of recent funding rounds of Munify:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 31, 2025	8939061	Seed	6711185	7714803	9563470	7656033

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View details of Munify's funding rounds and investors

The founders of Munify is Khalid Ashmawy. Khalid Ashmawy is the CEO of Munify.

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

Khalid Ashmawy: Founder & CEO of Munify.

View details of Munify's Founder profiles and Board Members

Munify's employee count trend

Munify has 13 employees as of Sep 26. Here is Munify's employee count trend over the years:

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Top competitors of Munify include Pleo, Marqeta and Lithic. Here is the list of Top 10 competitors of Munify, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Pleo 2015, Copenhagen (Denmark), Series C	Provider of spend management platform with virtual and physical card options	$434M	Kinnevik, Thrive Capital & 15 others	76/100
2nd	Marqeta 2010, Oakland (United States), Public	Provider of a platform for modern card issuing and payment solutions	$528M	Coatue, Greylock Partners & 64 others	76/100
3rd	Lithic 2014, New York City (United States), Series C	Provider of platform for businesses to issue and manage payment cards	$121M	Teamworthy Ventures, Index Ventures & 16 others	72/100
4th	Edenred 2010, Issy les Moulineaux (France), Public	Provider of solutions for employee benefits, mobility, and corporate payments	-	Eurazeo	72/100
5th	Mynt 2013, Stockholm (Sweden), Series B	Provider of corporate cards and expense management platform with accounting integration	$52.5M	CNI, Vor Capital & 6 others	64/100
6th	Munify 2025, Dover (United States), Seed	Provider of digital financial tools for global currency management services	$4.5M	Digital Currency Group, Rebel Fund & 6 others	60/100
7th	Capital On Tap 2012, London (United Kingdom), Funding Raised	Provider of business credit cards, employee cards, and savings accounts	-	Drake United Kingdom Investments, BNP Paribas ... & 13 others	60/100
8th	Union54 2020, Lusaka (Zambia), Seed	Provider of API for virtual and physical debit card issuing	$15.1M	Tiger Global Management, ACE Ventures & 20 others	47/100
9th	Multinet Up 1999, Sisli (Turkey), Funding Raised	Expense management card solutions for individuals and businesses	-	Groupe-Cheque-Dejeuner	44/100
10th	Mocapay 2006, Denver (United States), Series B	Online platform for mobile marketing and payments	$9.29M	Woodforest, EonCapital & 1 others	41/100