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Znap

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Mobile business platform lets customers pay with their mobiles

Overview

Zanp(also known as MPayMe) offers mobile payment solutions. Offers a mobile wallet where customers can input Debit Cards, Credit Cards, and Bank Accounts and use any one they choose as a funding source when paying via ZNAP. Provides dashboard for merchants where they can manage transactions in real-time via the cloud-based system. Its security features (which authenticate transactions and protect users’ personal data) have been patented and do not require any third party software or integration. Znap platform optimises transactions through the bundling of secure multi-channel mobile payments with value added solutions such as loyalty integration, business intelligence and geo location in-app consumer communication. Was acquired by Powa Technologies in June 2014 for $75M. The acquisition price of MPayMe was 2.5 times the annual revenues of the group, which employs 120 people.

Key facts

Founded
2012
Sector
Payments

Business model

Contact

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About Znap

What does Znap do?

Zanp(also known as MPayMe) offers mobile payment solutions.

Where is Znap headquartered?

Znap is headquartered in Hong Kong, Hong Kong.

When was Znap founded?

Znap was founded in 2012.

Which sector is Znap in?

Znap operates in Payments, part of Financial Technology.

Who are Znap's competitors?

Companies similar to Znap include Walletron, PhonePe, and Zash.