Where is NEOPAY located?

NEOPAY is headquartered in Dubai, United Arab Emirates.

How many employees does NEOPAY have?

As of Mar 31, 2026, the latest employee count at NEOPAY is 69.

Is NEOPAY a funded company?

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

Where does NEOPAY rank among its competitors?

NEOPAY ranks 16th amongst 93 active competitors, of which 12 are funded. It stands 11th 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 NEOPAY?

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

NEOPAY - 2026 Company Profile, Team & Competitors

Q: Is NEOPAY an acquired company?

NEOPAY got acquired by DgPays and Arcapita on Sep 23, 2024.

NEOPAY is an acquired company based in Dubai (United Arab Emirates), founded in 2022. It operates as a Smart payment solutions for businesses. The company has 93 active competitors, including 12 funded and 15 that have exited. Its top competitors include companies like Stripe, PayU and Flutterwave.

Company Details

Smart payment solutions for businesses. It offers a range of payment solutions and APIs that allow businesses to accept payments. It also offers smart payment solutions and a range of payment options for businesses.

Website: www.neopay.ae/en/home/
Social
Email ID: *****@mashreq.com
Phone Number: +971 **********

Key Metrics

Founded Year

2022

Location

Dubai, United Arab Emirates

Stage

Acquired

Ranked

16^th among 93 active competitors

Employee Count

69 as on Mar 31, 2026

Similar Companies

Stripe & 3253 more

Exit Details

Acquired by DgPays (Sep 23, 2024)

View NEOPAY's full profile

NEOPAY got acquired by DgPays and Arcapita on Sep 23, 2024 at an acquisition amount of $385M. It was facilitated by DIFC, Clifford Chance, DeNovo Partners and 1 more.

Click here to take a look at NEOPAY's acquisition in detail

NEOPAY is a funded company.

NEOPAY's employee count trend

NEOPAY has 69 employees as of Mar 26. Here is NEOPAY's employee count trend over the years:

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Top competitors of NEOPAY include Stripe, PayU and Flutterwave. Here is the list of Top 10 competitors of NEOPAY, 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 & 121 others	87/100
2nd	PayU 2002, Amsterdam (Netherlands), Series C	Provider of online payment solutions and financial services for businesses	$35.1M	Naspers, Prosus & 4 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	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 14 others	80/100
5th	Checkout 2012, London (United Kingdom), Series D	Provider of payment processing and global money movement solutions	$1.83B	Coatue, Tiger Global Management & 14 others	74/100
6th	ACI Worldwide 1975, Omaha (United States), Public	Process and manage digital payments	-	Starboard Value, ABS Capital & 2 others	73/100
7th	Network International 1994, Dubai (United Arab Emirates), Acquired	Provides digital payment solutions and merchant services, catering to businesses with fintech support	$539M	General Atlantic, Warburg Pincus & 3 others	72/100
8th	First Data 1971, Atlanta (United States), Acquired	Payments processing service provider	-	Stone Point Capital, W Capital Partners & 3 others	63/100
9th	Equiniti 2002, Lancing (United Kingdom), Acquired	Provider of financial technology and payment processing solutions	-	Strategic Equity Capital, Riverside	60/100
10th	XTransfer 2017, Shanghai (China), Series D	Provider of cross-border trade payment platform for global businesses	$168M	lhcp.com, D1 Capital Partners & 12 others	60/100
16th	NEOPAY 2022, Dubai (United Arab Emirates), Acquired	Smart payment solutions for businesses	-	-	47/100