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Payam - About the company

Payam is a funded company based in Yaounde (Cameroon), founded in 2021. It operates as an App-based payment solutions for individuals, merchants, and agents. The company has 12 active competitors. Its top competitors include companies like SuiTch, Kola Wallet and GloMo Money.

Company Details

App-based payment solutions for individuals, merchants, and agents. It helps users to send money to friends, loved ones and to pay for goods and services. It also helps merchants and agents to receive payments for goods and services and can also send money to their vendors and clients, facilitate their day-to-day transactions, and do more. The app is available on both Android and iOS platforms.
Social
Facebook
Email ID
*****@company.com
Key Metrics
Founded Year
2021
Location
Yaounde, Cameroon
Stage
Funding Raised
Investors
Ranked
Employee Count
202 as on May 31, 2026
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Payam's funding and investors

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

Payam's founders and board of directors

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Payam's employee count trend

Payam has 202 employees as of May 26. Here is Payam's employee count trend over the years:
Employee count trend for Payam
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Payam's Competitors and alternates

Top competitors of Payam include SuiTch, Kola Wallet and GloMo Money. Here is the list of Top 10 competitors of Payam, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for SuiTch
SuiTch
2019, Douala (Cameroon), Funding Raised
App-based payments platform
-
30/100
2nd
Logo for Kola Wallet
Kola Wallet
2020, Yaounde (Cameroon), Unfunded
App-based wallet platform for individuals
-
-
33/100
3rd
Logo for Payam
Payam
2021, Yaounde (Cameroon), Funding Raised
App-based payment solutions for individuals, merchants, and agents
-
27/100
4th
Logo for GloMo Money
GloMo Money
2019, Yaounde (Cameroon), Unfunded
Wallet for consumer payments
-
-
27/100
5th
Logo for BeWallet
BeWallet
2018, Yaounde (Cameroon), Unfunded
Wallet for consumer
-
-
24/100
6th
Logo for AfrikPay
AfrikPay
2012, Yaounde (Cameroon), Unfunded
Provider of app-based payment solutions for users
-
-
22/100
7th
Logo for Mobitransfert
Mobitransfert
2018, Douala (Cameroon), Unfunded
Digital wallets for deposits, withdrawals, and credit transfers
-
-
18/100
8th
Logo for Swing
Swing
2018, Douala (Cameroon), Unfunded
App-based wallet for individuals & businesses
-
-
18/100
9th
Logo for M2U Money
M2U Money
2022, Douala (Cameroon), Unfunded
Wallet-enabled money transfer and bill payment solutions for consumers
-
-
16/100
10th
Logo for LaTrust
LaTrust
2025, Yaounde (Cameroon), Unfunded
Provider of mobile financial services for transfers savings and payments
-
-
16/100
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Payam's Investments and acquisitions

Payam has made no investments or acquisitions yet.

Reports related to Payam

Here is the latest report on Payam's sector:

FAQs about Payam

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