LifePay

paymentsmobile/digital walletpos/mobile pos

FOUNDING YEAR: 2012
LOCATION: Russian Federation
Last Update: 17/07/2020

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About

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MEDICI Analysis

LifePay is a mobile solution for the acceptance of credit card payments with secured transaction. The project is aimed primarily at small and medium business. They use of a special device and mobile application installed on a smartphone or tablet so that businesses can accept Payments with plastic cards without using a separate card reader.

Focus

PRODUCTS & SERVICES

Mobile Terminals, Lifepay Cash, Dashboards, Lifepay Online Payments

REVENUE MODEL

Company earns revenue by charging 2.5% to 3% proceesing fee per transaction which includes monthly subscription fee.

MAIN CLIENTS

Tahykm

Metlife

Wow Kitchen

Polaroid

Spunky

Like

Mon Bon

EXISTING PARTNERSHIPS

TechComBank

BankNet

Traction

REVENUE

0.0 in 2014

TRANSACTIONS VALUE:

$48 M

ACTIVE USERS:

0.0200

People

FOUNDERS

Viacheslav Semenchuk

BOARD MEMBERS AND ADVISORS

Vyacheslav Semenchuk

Vladimir Akimov

Petr Prokop

Andrew Pavlenko

Alexandr Martinov

Ivan Symircev

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Life.SREDA

Momentum

FUNDED

NO

TOTAL FUNDING

$2.6 M

DATE OF LAST FUNDING

Sep 2012

SEED & PRIOR FUNDING

$2.6 M

SEED CLOSED ON

Sep 2012

LISTED

NO

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