Where is Octopus located?

Octopus is headquartered in Hong Kong, China.

Who is the current CEO of Octopus?

Sunny Cheung Yiu-tong of Octopus.

How many employees does Octopus have?

As of Jun 30, 2026, the latest employee count at Octopus is 338.

Is Octopus a funded company?

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

Where does Octopus rank among its competitors?

Octopus ranks 1st amongst 8 active competitors, none of which are funded.

Who are the top competitors of Octopus?

Octopus' top competitors include JiPay, Ya Cool and Autopass. Among them, JiPay secured the most recent funding round in March, 2022.

Octopus - 2026 Company Profile, Team, Funding & Competitors

Octopus is a funded company based in Hong Kong (China), founded in 1997. It operates as a Prepaid smart cards to perform transactions. The company has 8 active competitors. Its top competitors include companies like JiPay, Ya Cool and Autopass.

Company Details

Octopus card is a reusable contactless stored value smart card for making electronic payments in online or offline systems in Hong Kong. It was launched in September 1997 and has since grown into a widely used payment system for all public transport in Hong Kong. It can also be used for payment in many retail shops in Hong Kong, from convenience stores, supermarkets, fast-food restaurants, on-street parking meters, car parks, to other point-of-sale applications such as service stations and vending machines.

Key Metrics

Founded Year

1997

Location

Hong Kong, China

Stage

Funding Raised

Investors

MTR

Ranked

1^st among 8 active competitors

Employee Count

338 as on Jun 30, 2026

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View Octopus' full profile

Octopus is a funded company. Octopus has 1 institutional investor.

View details of Octopus's funding rounds and investors

Octopus' employee count trend

Octopus has 338 employees as of Jun 26. Here is Octopus's employee count trend over the years:

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Top competitors of Octopus include JiPay, Ya Cool and Autopass. Here is the list of Top 10 competitors of Octopus, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Octopus 1997, Hong Kong (China), Funding Raised	Prepaid smart cards to perform transactions	-	MTR	56/100
2nd	JiPay 2021, Hong Kong (China), Deadpooled	Prepaid expense management card for domestic workers	$1.3M	East Ventures, Team Ignite Ventures & 6 others	32/100
3rd	Ya Cool 2005, Dongcheng (China), Funding Raised	Prepaid card provider	-	Tiantu Capital	25/100
4th	Autopass 2011, Xi An (China), Unfunded	Rechargeable prepaid cards for consumers	-	-	24/100
5th	T24 Payvault 2011, Hong Kong (China), Unfunded	Prepaid reloadable card and solution	-	-	24/100
6th	Icthax Hong Kong (China), Unfunded	Provider of reloadable international visa cards for online transactions	-	-	16/100
7th	Open Desk Technology 2005, Chaoyang (China), Unfunded	Multi-purpose prepaid card for individuals	-	-	16/100
8th	Smart Card Hong Kong (China), Unfunded	Provider of a fintech platform for crypto and card payments	-	-	16/100
9th	NanoCard 2024, Hong Kong (China), Unfunded	Provider of digital asset cards for spending USDT and USDC globally	-	-	16/100
10th	Visa Platinum Gold 2016, Hong Kong (China), Deadpooled	Prepaid Visa card in the Middle East region	-	-	15/100