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- NomuPay
NomuPay Revenue, Valuation, Funding & Investors
NomuPay is valued at $290M as of June 2025, a 6.4x multiple on its last reported $45M revenue.
Last NomuPay valuation
$290M
Series C · Jun 2025
Last NomuPay funding round
$40M
Series C · Jun 2025
NomuPay revenue
$45M
Series C · Jun 2025
Key investors in NomuPay
Finch Capital
Endeit Capital
Outpost Ventures
Uneti Ventures
SB Payment Service
About NomuPay
NomuPay is a Dublin-headquartered payment platform with offices in Hong Kong, Kuala Lumpur, Manila, Istanbul, and Bangkok. Its Unified Payment Platform integrates card payments, buy-now-pay-later, installments, and local methods in Thailand, Malaysia, Philippines, and Turkey. It enables payouts, end-to-end visibility for enterprises and marketplaces across Europe, Southeast Asia, and Turkey.
Founded
2021
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Commission
Revenue
$45M (Jun 2025)
Valuation
$290M (Jun 2025)
NomuPay Valuation
NomuPay is currently valued at $290M, based on its Series C in June 2025.
The $40M round was led by SB Payment Service.
NomuPay's valuation has grown 1.4x from $200M at its Series B in January 2025 to $290M in June 2025, across 2 priced rounds.
NomuPay valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jun 2025 | Series C | $290M | 6.4x |
| Jan 2025 | Series B | $200M | 10.0x |
NomuPay Revenue
NomuPay's latest recorded revenue is $45M, as of its Series C in June 2025. At a $290M valuation, that implies a 6.4x revenue multiple.
Revenue grew from $20M in January 2025 to $45M in June 2025, while the revenue multiple moved from 10.0x to 6.4x.
NomuPay revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jun 2025 | $45M | $290M | 6.4x | Series C |
| Jan 2025 | $20M | $200M | 10.0x | Series B |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
NomuPay Funding History
NomuPay has raised a total of $131M across 3 funding rounds.
NomuPay's first fundraising round was a $54M Series A in May 2023. The most recent completed round was a $40M Series C in June 2025.
NomuPay funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2025 | Series C | SB Payment Service (lead) | $40M | $290M | NomuPay is a Dublin-based fintech founded in 2021 that provides a gateway-agnostic platform for streamlining cross-border payments, supporting e-commerce, point-of-sale acquiring, payouts, and multi-currency management via a single API. The platform aggregates local payment methods across fragmented markets in Asia, Europe, MENA, and the US, offering merchants real-time settlement, reconciliation, AI-driven fraud detection, and enriched transaction data analytics. It enables scalability without complex integrations, targeting global e-commerce and enterprise merchants. On June 3, 2025, NomuPay raised $40 million in a Series C round from SB Payment Service (SBPS), a SoftBank subsidiary, at a $290 million post-money valuation, up from $200 million in its prior $37 million Series B in January 2025. This brings total funding to over $130 million. The investment, led solely by SBPS, funds expansion into Japan and Asia (including Indonesia, Singapore, Vietnam), strategic acquisitions, local hiring, sales scaling, and platform enhancements like adding Japan APMs, SBPS cards, multi-currency settlement, and IC++ billing. NomuPay expects to exceed $45 million in gross annualized run-rate revenue and $20 million in net revenue by end-2025, following two years of 100% growth and 70% YoY increase post-Series B. It has onboarded over 500 new merchants, grown to 250+ employees across nine offices, and plans profitability within 12 months while prioritizing growth. Revenue comes from transaction volume fees via payment acceptance and payouts. The SBPS partnership enables bi-directional market access: NomuPay gains Japan entry via SBPS's telco relationships and carrier billing, while SBPS expands globally using NomuPay's infrastructure. Prior acquisitions include Total Processing in 2023; the deal was subject to regulatory approval, with SBPS appointing a director in May 2025. |
| Jan 2025 | Series B | Endeit Capital (lead); Uneti Ventures | $37M | $200M | NomuPay is a Dublin-based fintech platform founded in 2021 that provides unified cross-border payment acceptance and disbursement solutions for merchants operating in Asia, the Middle East, Europe, and Turkey. The company was established by venture capital firm Finch Capital through strategic acquisitions of Wirecard's assets including local licenses in Turkey and the Asia-Pacific region, and has since acquired additional providers like Lithuania-based Cardinity to expand into European markets. NomuPay operates a gateway-agnostic omnichannel platform accessible through a single API, leveraging AI for robust data management, reporting, and business insights to differentiate itself from dominant global gateway acquirers like Stripe and Adyen that often exclude smaller or more complex markets. In January 2025, NomuPay completed a Series B funding round of $37 million at a post-money valuation of $200 million. The final $12 million tranche was led by Endeit Capital with participation from Uneti Ventures (backed by early Adyen employees), while existing investors contributed $25 million over the preceding 18 months. This round brought NomuPay's total funding to approximately $90 million, following a Series A round of $53.6 million raised from Finch Capital and other investors in 2023. As of the round date, NomuPay reported annual recurring revenue (ARR) of approximately $20 million, with the company having achieved over 100% year-on-year revenue growth for two consecutive years. The company was on track to achieve profitability by 2025. The Series B funding is designated to support expansion of market presence and scale operations, including M&A plans to broaden reach across Southeast Asia and underserved global payment markets. |
| May 2023 | Series A | Finch Capital (lead); Outpost Ventures (lead) | $54M | - | NomuPay is a Dublin-based fintech providing a unified, gateway-agnostic payments platform that streamlines omnichannel payment acceptance and payouts for merchants expanding internationally, particularly in fragmented markets like Southeast Asia, Turkey, and Europe. The platform unifies local payment networks through a single integration, offering data management, reporting, multi-currency settlement, and treasury services. Founded in 2021 from Finch Capital's acquisition of Wirecard assets and local firms like Lithuanian Cardinity, NomuPay launched commercially in Q4 2022 and had onboarded initial clients by early 2023. On May 31, 2023, NomuPay raised $53.6 million in a Series A round co-led by Finch Capital and Outpost Ventures (Neuberger Berman's investment platform), with additional private investors. This completed a multi-tranche Series A that accumulated nearly $54 million, following an earlier $15 million tranche. The funds supported scaling in core markets, product development for the uP Platform, acquiring local licenses (e.g., Cardinity in January 2023 with $3M additional investment), and merchant onboarding. Post-2023, NomuPay pursued aggressive growth, raising €35.9M (~$37M) in late 2024/early 2025 led by Endeit Capital (with Uneti Ventures and existing investors), and $40M Series C in June 2025 from SoftBank's SBPS at a $290M valuation (after a prior $37M at $200M). It acquired Total Processing in late 2023, expanded to 20+ countries, added 500+ merchants post a 2025 raise, grew team to 250+, and targeted Japan APMs. The company reported >100% YoY growth, projecting >$45M gross annualized run-rate revenue and $20M net revenue by end-2025, with profitability expected in 2025. |
Who has invested in NomuPay?
5 investors have backed NomuPay across its funding rounds, including Finch Capital, Endeit Capital, Outpost Ventures, Uneti Ventures and SB Payment Service.
Lead investors include SB Payment Service, Endeit Capital, Finch Capital and Outpost Ventures.
NomuPay Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Jan 2025 | ||
| 1 | Lead | May 2023 | ||
| 1 | Lead | Jun 2025 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by NomuPay
NomuPay has acquired 3 companies to date.
Last acquisition by NomuPay was on November 24th 2023. NomuPay acquired Total Processing for $135M.
Latest Acquisitions by NomuPay
| Description | Total Processing is a provider of all-in-one payment processing and gateway solutions. It supports credit card, ACH, e-check, and alternative payments for e-commerce, retail, and subscription businesses, with integrations for platforms like Shopify and WooCommerce. | Cardinity is a Vilnius-based payment processing provider regulated as a licensed institution on Visa and Mastercard networks for EU and EEA businesses. The platform combines a payment gateway and merchant account to enable global online card acceptance, featuring recurring subscriptions, one-click payments, 3D Secure authentication, and transaction tracking dashboards. Cardinity offers free professional support and integrates with e-commerce platforms for seamless operations. | WireCard Turkey is an Istanbul-based payment services provider operating in direct carrier billing, credit card acquiring, and electronic money issuance across the Turkish market. The company facilitates mobile payments for telecom operators, merchant acquiring for card transactions, and e-money wallets for digital commerce. As part of the broader Wirecard network, it supports local businesses and financial institutions with compliant payment infrastructure tailored to Turkey's regulatory environment. |
| HQ Country | |||
| HQ City | Manchester | Vilnius | İstanbul |
| Deal Date | 24 Nov 2023 | 13 Jan 2023 | 21 Apr 2021 |
| Valuation | $135M | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
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NomuPay Competitors
NomuPay competitors include listed companies like Priority Technology Holdings and Seshaasai, and private ones like Sokin, Primer, Ibanera and Easebuzz.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $300M | - | ||
| Private | $4M | - | $425M | 106.3x | ||
| Private | - | - | $195M | - | ||
| Private | $70M | - | $182M | 2.6x | ||
| Publicly listed | $953M | $200M | $491M | 1.4x | ||
| Publicly listed | $150M | $41M | $617M | 3.7x |
NomuPay Public Comps
NomuPay is still privately-owned, but its public comps include CAB Payments Holdings, i3 Verticals, Tyro Payments, Paysafe, Repay Holdings, DANAL, Fonix, Fast Finance Pay, NHN KCP and Lesaka Technologies.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $158M | $47M | 1.9x | 1.8x | 6.5x | 6.5x | |||
| $213M | $43M | 2.4x | 2.3x | 11.8x | 8.7x | |||
| $339M | $48M | 0.6x | 0.5x | 3.9x | 3.9x | |||
| $1.7B | $341M | 1.6x | 1.5x | 7.8x | 5.9x | |||
| $309M | ($165M) | 3.3x | 2.3x | (6.1x) | 6.4x | |||
| $164M | ($33M) | 2.3x | 2.3x | (11.3x) | 33.3x | |||
| $98M | $20M | 2.0x | 1.8x | 9.9x | 8.9x | |||
| - | - | - | - | - | - | |||
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Common questions about NomuPay
| When was NomuPay founded? | NomuPay was founded in 2021. |
| Where is NomuPay headquartered? | NomuPay is headquartered in Dublin, Ireland. |
| Is NomuPay publicly listed? | No, NomuPay is a private, VC-backed company. |
| What is NomuPay's valuation? | NomuPay was last valued at $290M in its Series C in June 2025. |
| How much funding has NomuPay raised? | NomuPay has raised $131M across 3 funding rounds. |
| What was NomuPay's last funding round? | NomuPay's last funding round was a $40M Series C in June 2025, led by SB Payment Service. |
| Who are NomuPay's investors? | NomuPay's investors include Uneti Ventures, Outpost Ventures, SB Payment Service, Finch Capital and Endeit Capital. |
| What is NomuPay's revenue? | NomuPay's latest recorded revenue is $45M (June 2025). |
| What is NomuPay's revenue multiple? | NomuPay's latest valuation implies a 6.4x revenue multiple ($290M valuation on $45M of revenue). |
| Which companies are comparable to NomuPay? | Companies comparable to NomuPay include Sokin, Primer, Ibanera, Easebuzz, Priority Technology Holdings and Seshaasai. |
| How many companies has NomuPay acquired? | NomuPay has acquired 3 companies, including Total Processing, Cardinity and WireCard Turkey. |
| What was the largest acquisition by NomuPay? | The $135M acquisition of Total Processing in November 2023 is the largest acquisition NomuPay has made to date. |
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