United Kingdom · Series B startup

Who invested in MishiPay

7 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Retail

Raised 4 months ago

Funding summaryUpdated 26 Oct 2026

$20Mraised across 7 rounds since 2019, from 7 sources

$4.4MSeries A$12MRound$908KRound$196KRound$582KRound$475KRound$1.7MSeries B
Latest round
Series B, $1.7MJul 2026
Biggest round
$12MRound · Dec 2023
Step-upi
3.7×
Investors
4
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020202120222023202420252026
$4.4MSeries A$12MRound$908KRound$196KRound$582KRound$1.7MSeries B
First round
Series A, $4.4M
Sept 2019
Biggest round
$12M
Round · Dec 2023
Usual gap between rounds
4 months
the median of 6

The rounds

  1. Jul 2026
    Series B$1.7M

    No investor was named in the report.

    Shares issued, filed with Companies House (SH01); no report of this raise yet

  2. Feb 2025
    Round$475K

    No investor was named in the report.

    Shares issued, filed with Companies House (SH01); no report of this raise yet

  3. Dec 2024
    Round$582K

    No investor was named in the report.

    Shares issued, filed with Companies House (SH01); no report of this raise yet

  4. Aug 2024
    Round$196K

    No investor was named in the report.

    Shares issued, filed with Companies House (SH01); no report of this raise yet

  5. Apr 2024
    Round$908K

    No investor was named in the report.

    Shares issued, filed with Companies House (SH01); no report of this raise yet

  6. Dec 2023
    Round$12M

    No investor was named in the report.

    Shares issued, filed with Companies House (SH01); no report of this raise yet

  7. Sept 2019

Funding filed with regulators

MishiPay filed 8 raises, $16M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Jul 2026$1.7MUK share allotment
  2. Feb 2025$475KUK share allotment
  3. Dec 2024$582KUK share allotment
  4. Aug 2024$196KUK share allotment
  5. May 2024$197KUK share allotment
  6. Apr 2024$711KUK share allotment
  7. Jan 2024$255KUK share allotment
  8. Dec 2023$11MUK share allotment

Founders and team

From MishiPay's own website: 1 founder, 2 on the team.

Mustafa KhanwalaFounder & CEO
  • Swati PhadkeCFO & COO
  • Theo SotiriouChief Product Officer

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series A2019Round2023Round2024Round2024Round2024Round2025Series B2026MassChallengeNauta CapitalAmerican Express VenturesUnited Ventures

Everyone who backed them

MassChallengeAccelerator1round
Nauta CapitalVC firm1round
United VenturesVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 3 firms list MishiPay as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Commerce VenturesVC firmPer its own site
Commerce VCVC firmPer its own site
Gruppo BertoldiFamily officePer its own site

Quick answers about MishiPay

Who invested in MishiPay?

MishiPay's investors include MassChallenge, Nauta Capital, American Express Ventures and United Ventures.

How much has MishiPay raised?

MishiPay has raised $20M across 7 rounds since 2019.

When did MishiPay last raise?

MishiPay's most recent round was a Series B of $1.7M in Jul 2026.

What was MishiPay's biggest round?

MishiPay's largest round on record is $12M, in Dec 2023.

Who backed MishiPay first?

MishiPay's first round on record, in Sept 2019, was backed by MassChallenge, Nauta Capital and American Express Ventures and 1 others.

What stage is MishiPay at?

MishiPay's latest named round is a Series B, in Jul 2026.

Where is MishiPay based?

MishiPay is based in the United Kingdom.

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