NowPay
500 Global '19Plug and Play Ventures8 known investors
Find your way into NowPay
417 people in our graph share verified history with the NowPay team — schools, employers, funds. One of them is your warm intro.
Ken Chenaultunlockedknows Mostafa Ashour · together at IBM (overlapped)
×7knows the team · via IBM
×4knows the team · via Plug and Play Ventures
NowPay is a financial wellness platform offered to companies as an employee benefit, giving workers on-demand access to their earned salary, instant bill payments, money transfers, gold and silver investing, and shopping plans through an app. It serves employers and their teams to reduce financial stress and improve retention.
Founders & leadership
MA
Mostafa AshourinMostafa Ashour is a software engineer who worked at IBM and Microsoft, where he contributed to Office, Bing, and Microsoft Translator. He previously co-founded Khayal Interactive Entertainment, a game development studio in the MENA region, and Tryvin, a mobile development startup, before founding NowPay, a financial wellness platform for employees.
Investors · 8
4DX VenturesAccra · $50K – $500K
500 GlobalSan Francisco · $150K
Capria VenturesBengaluru · $300K – $1M
MSA NovoSingapore · $1.5M – $32M
VKAV (Verod-Kepple Africa Ventures)Lagos
BECO CapitalreportedDubai · $905K – $60M
Plug and Play VenturesreportedSunnyvale · $50K – $12M
UNITEDreportedTokyo · $645K – $43M
Funding
SEC filings, press & company announcements$22.1M disclosed across 2 rounds · 2020–2026
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does NowPay do?
- NowPay is a financial wellness platform offered to companies as an employee benefit, giving workers on-demand access to their earned salary, instant bill payments, money transfers, gold and silver investing, and shopping plans through an app. It serves employers and their teams to reduce financial stress and improve retention.
- Who founded NowPay?
- NowPay was founded by Mostafa Ashour.
- Who are NowPay's investors?
- NowPay's investors include 4DX Ventures, 500 Global, Capria Ventures, MSA Novo, VKAV (Verod-Kepple Africa Ventures), BECO Capital, Plug and Play Ventures, UNITED.
- How much funding has NowPay raised?
- NowPay has disclosed $22.1M raised across 2 rounds.