Blockchain startup MenaPay receives investment from Hande Enes

Funding Rounds

Summary

MenaPay announced that it received an investment from Hande Enes. The company offers a blockchain-based payment method for freelancers and targets markets in the Middle East and Africa. MenaPay says it wants to grow quickly in Turkey and the region and build a platform that aligns with Islamic finance principles. The company also highlights its Green Mining model, which uses platform revenue to buy back MPAY tokens and reward users.

$ Funding

$
Amount - Total raised
Date May 22, 2019 Announcement date
Investors - Lead investors
Company https://menapay.io Funded company

Classifications

industries
Fintech & Banking
applications
Governance, risk and compliance

AskAI Classifications

Labels
Fintech Software Mobile Wallet Software Blockchain Platform

Linked Companies

MenaPay
$5M to $10M