When was PalawanPay founded?

PalawanPay was founded in 2020.

Where is PalawanPay located?

PalawanPay is headquartered in Puerto Princesa City, Philippines.

How many employees does PalawanPay have?

As of Aug 31, 2026, the latest employee count at PalawanPay is 146.

Where does PalawanPay rank among its competitors?

PalawanPay ranks 24th amongst 76 active competitors, of which 20 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Flutterwave, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of PalawanPay?

PalawanPay's top competitors include PayU, Flutterwave and Xendit. Among them, Flutterwave secured the most recent funding round in July, 2026.

PalawanPay - 2026 Company Profile & Competitors

PalawanPay is an unfunded company based in Puerto Princesa City (Philippines), founded in 2020. It operates as a Provider of financial services including money transfers, bill payments, and e-loading. PalawanPay has not raised any funding yet. The company has 76 active competitors, including 20 funded and 12 that have exited. Its top competitors include companies like PayU, Flutterwave and Xendit.

Company Details

Provider of financial services including money transfers, bill payments, and e-loading. The company facilitates cash-in and cash-out transactions through its network. It offers disbursement and payroll services for businesses. Additionally, the company provides options for insurance and pawn renewal.

Website: www.palawanpay.com/
Social
Email ID: *****@palawanpay.com
Phone Number: +63 **********

Key Metrics

Founded Year

2020

Location

Puerto Princesa City, Philippines

Stage

Unfunded

Ranked

24^th among 76 active competitors

Employee Count

146 as on Aug 31, 2026

Similar Companies

PayPal & 3500 more

View PalawanPay's full profile

PalawanPay has not raised any funding rounds yet.

PalawanPay's employee count trend

PalawanPay has 146 employees as of Aug 26. Here is PalawanPay's employee count trend over the years:

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

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayU 2002, Amsterdam (Netherlands), Funding Raised	Provider of online payment solutions and financial services for businesses	-	PROSPER, Gecad Ventures & 4 others	84/100
2nd	Flutterwave 2016, San Francisco (United States), Series E	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 73 others	83/100
3rd	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$554M	Accel, Insight Partners & 28 others	83/100
4th	ACI Worldwide 1975, Omaha (United States), Public	Process and manage digital payments	-	Starboard Value, Norwest & 3 others	74/100
5th	Thunes 2016, Singapore (Singapore), Series D	Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions	$362M	Marshall Wace, Vitruvian Partners & 19 others	74/100
6th	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
7th	First Data 1971, Atlanta (United States), Acquired	Payments processing service provider	-	HarbourVest Partners, Owl Capital Group & 4 others	63/100
8th	Worldline 1972, Paris (France), Public	Provider of payment processing solutions for merchants and financial institutions	-	Europa, Credit Agricole	61/100
9th	Global Payments 1967, Atlanta (United States), Acquired	Cloud-based payment processing solutions for eCommerce and businesses	-	Silver Lake, Greenleaf Trust & 5 others	61/100
10th	Coda 2011, Singapore (Singapore), Series C	Provider of merchant of record services and global payment solutions	$710M	GIC, Insight Partners & 7 others	59/100
24th	PalawanPay 2020, Puerto Princesa City (Philippines), Unfunded	Provider of financial services including money transfers, bill payments, and e-loading	-	-	47/100