Hello Paisa - 13 Competitors and alternatives in Aug 2024 - Tracxn (2024)

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Hello Paisa - 13 Competitors and alternatives in Aug 2024 - Tracxn (1)

Online cross-border remittance platform for individuals

2013Centurion (South Africa)Funding Raised

Last updated:

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Competitive Landscape of Hello Paisa

Rank

5th

Among 13 active Competitors

Active Competitors

13

2 Funded / 2 Exited / 2 Acquired

Funding of competitors of

Hello Paisa

$961M

20 Funding Rounds

Top 10 competitors of Hello Paisa, ranked by Tracxn score:

Filter this list

1. MoneyGram

Wallet-enabled cross-border payment solution for consumers

Founded Year
1940

Funding
$750M
Location
Dallas (United States)
Investors

Goldman Sachs, Thomas H Lee Partners

and4 Others

Stage
Acquired
Tracxn Score
82/100What is this?

Wallet-enabled cross-border payment solution for consumers. Provides sending and receiving money to family and friends, bill payments, and receive notifications and track the status of money transfers.

Banking channel for cross border money transfers

soonicorn

Founded Year
2010

Funding
$658M
Location
London (United Kingdom)
Investors

TCV, PNC

and50 Others

Stage
Series E
Tracxn Score
75/100What is this?

WorldRemit is a banking channel for cross-border money transfers. It allows users to send, receive, and make global payments through bank transfers, cash pickups, mobile money, and wallets. It allows users to make international airtime top-ups and payouts through an app and web-based devices.

3. Chipper Cash

Cross-border remittance platform for individuals

unicorn

Founded Year
2018

Funding
$305M
Location
San Francisco (United States)
Investors

SVB, TeleSoft Partners

and38 Others

Stage
Series C
Tracxn Score
74/100What is this?

Cross-border remittance platform for individuals. It enables users to connect multiple mobile money accounts to the wallet and use the wallet to transfer money globally. The application is available on iOS and Android platforms.

4. Skrill

Online money transfer and wallet provider

Founded Year
2001
Investors

Idinvest Partners, CVC

and2 Others

Location
London (United Kingdom)
Tracxn Score
66/100What is this?

Stage
Acquired

Skrill is a London based online payments systems company and among the world's largest independent digital wallet providers with 36 million account holders. Its wallet service enables customers to make online payments as well as send and receive money internationally online. It also offers a prepaid card which users can top-up and use for online and in-store payments. For businesses it offers a host of services to receive payments including password-only digital wallet, alternative payment options for local payments as well as tokenisation and virtual terminals. It currently allows users to send and receive money worldwide in 200 countries and 40 currencies with over 100 local payment options. Investcorp Technology Partners purchased the company from its founders in 2007.

5. Minit Money

Wallet for cross-border money transfers

Founded Year
2019

Stage
Unfunded
Location
Sandton (South Africa)
Tracxn Score
26/100What is this?

Hello Paisa - 13 Competitors and alternatives in Aug 2024 - Tracxn (13)

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6. Sasai Fintech

Wallet-enabled cross-border money transfer solution for individuals

Founded Year
2021

Stage
Unfunded
Location
Bryanston (South Africa)
Tracxn Score
18/100What is this?

Wallet-enabled cross-border money transfer solution for individuals. Mobile money wallet designed primarily for feature phones, offering users services such as peer-to-peer transfers, airtime purchases, merchant and bill payments, banking services, micro-credit, and micro-savings.

7. HomeRemitt

Cross-border payment solution for consumers

Founded Year
2020

Stage
Unfunded
Location
Johannesburg (South Africa)
Tracxn Score
15/100What is this?

Cross-border payment solution for consumers. Provide a mobile app for customers to make cross-border money transfers.

8. Remit

Money transfer wallet

Founded Year
2013
Investors

Village Capital

and

Location
Kampala (Uganda)
Tracxn Score
14/100What is this?

Stage
Funding Raised

Useremit offers a money transfer wallet for sending money to Uganda, Kenya and Rwanda. Users can make payments via credit/debit cards to send money to receiver's wallet. Users can also make bill payments for Uganda.

9. AnyMari

Digital wallet for cross-border money transfers

Founded Year
2020

Stage
Unfunded
Location
Pretoria (South Africa)

10. CallAll Money

Wallet solution for cross-border fund transfers

Founded Year
2015

Stage
Unfunded
Location
Cape Town (South Africa)

CallAll Money is a wallet solution used for making global fund transfers. Users can make payments, deposits, send & withdraw funds through app-based solutions. Allows the purchase of airtime, data, and enables users to top-up wallets at retail stores. The application can be accessed on Android devices.

View details of Hello Paisa competitors

Hello Paisa - 13 Competitors and alternatives in Aug 2024 - Tracxn (24)

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Competitor Analysis of Hello Paisa

How much funding have Hello Paisa's competitors raised?

Hello Paisa

's competitors have raised a total of

$961M

funding across 20 funding rounds

. See the distribution of funded competitors of

Hello Paisa

below.

Company name

Total Funding

Founded Year

MoneyGram

$750M

1940

WorldRemit

$658M

2010

Chipper Cash

$305M

2018

View all Hello Paisa Competitors here

Frequently asked questions about Hello Paisa's competitors

Where does Hello Paisa rank among its competitors?

Hello Paisa

ranks

5th among

14

competitor

s

.

Competitor

s

include MoneyGram,

WorldRemit and

Chipper Cash

How many competitors does Hello Paisa have?

Hello Paisa

has 14 competitors, of which 13 are active

, 2 are funded and 2 have exited

.

Who are the newest competitors of Hello Paisa?

The newest competitor

s

of

Hello Paisa

are

Sasai Fintech,

AnyMari and

HomeRemitt.

View details of all competitors of Hello Paisa

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Hello Paisa - 13 Competitors and alternatives in Aug 2024 - Tracxn (2024)
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