Where is PayHere located?

PayHere is headquartered in Kalutara, Sri Lanka.

How many employees does PayHere have?

As of Jul 01, 2024, the latest employee count at PayHere is 5.

Is PayHere a funded company?

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

Where does PayHere rank among its competitors?

PayHere ranks 22nd amongst 33 active competitors, of which 5 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 PayHere?

PayHere's top competitors include PayU, Flutterwave and AGS Transact Technologies. Among them, PayU secured the most recent funding round in July, 2025.

PayHere - 2026 Company Profile, Team & Competitors

Company Details

PayHere offers Merchant Accounts and checkout pages to online businesses. it offers self-hosted checkout pages and payment buttons. It is also a merchant account aggregator, offering PayHere merchant accounts to its clients, from where the credit amounts are transferred to merchants' bank accounts.

Website: payhere.lk
Social

Key Metrics

Founded Year

2016

Location

Kalutara, Sri Lanka

Stage

Unfunded

Ranked

22^nd among 33 active competitors

Employee Count

5 as on Jul 01, 2024

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View PayHere's full profile

PayHere has not raised any funding rounds yet.

The founders of PayHere is Dhanika Perera.

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

Dhanika Perera: Founder & CEO of PayHere and founder of 2 other companies, MobiTV and AdLink.

View details of PayHere's Founder profiles and Board Members

PayHere's employee count trend

PayHere has 5 employees as of Jul 24. Here is PayHere's employee count trend over the years:

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Top competitors of PayHere include PayU, Flutterwave and AGS Transact Technologies. Here is the list of Top 10 competitors of PayHere, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayU 2002, Amsterdam (Netherlands), Series C	Provider of payment solutions and credit products for online merchants	$35.1M	Naspers, Prosus & 4 others	83/100
2nd	Flutterwave 2016, San Francisco (United States), Series D	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Avenir Growth Capital & 71 others	83/100
3rd	AGS Transact Technologies 2002, Mumbai (India), Public	Provider of end-to-end payment processing solutions for merchants and businesses	$81M	TPG, Actis & 14 others	63/100
4th	Equiniti 2002, Lancing (United Kingdom), Acquired	Provider of financial technology and payment processing solutions	-	Strategic Equity Capital, Riverside	60/100
5th	Worldline Global 1970, Bezons (France), Public	Provider of payment processing solutions for merchants and financial institutions	-	Credit Agricole, Europa	59/100
6th	First Data 1971, Atlanta (United States), Acquired	Payments processing service provider	-	Stone Point Capital, W Capital Partners & 3 others	58/100
7th	CyberSource 1994, Foster City (United States), Acquired	Platform offering E-Commerce payment management	-	Batterson Venture Capital, VCapital & 1 others	54/100
8th	UnionPay Intl 2012, Shanghai (China), Funding Raised	Operator of payment network facilitating card and mobile-based transactions	-	Addor Capital, SAIF Partners & 11 others	54/100
9th	Paysley 2005, Los Angeles (United States), Acquired	Non-card based payment processing solutions for businesses	-	-	45/100
10th	UPay 2010, Colombo (Sri Lanka), Funding Raised	App-based mobile payment platform	-	Patamar Capital	44/100
22nd	PayHere 2016, Kalutara (Sri Lanka), Unfunded	Payment gateway and merchant account aggregator	-	-	26/100