# MishiPay funding: rounds and investors > MishiPay has raised $20M across 7 rounds since 2019. Investors include MassChallenge, Nauta Capital and American Express Ventures. Every round with its source. Source: https://millionrounds.com/company/mishipay (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Series B startup](https://millionrounds.com/companies) # 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 summary Updated 26 Oct 2026 **$20M** raised across 7 rounds since 2019, from 7 sources **$4.4M** Series A **$12M** Round **$908K** Round **$196K** Round **$582K** Round **$475K** Round **$1.7M** Series B - **Latest round:** Series B, $1.7M Jul 2026 - **Biggest round:** $12M Round · Dec 2023 - **Step-up i:** 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. 2020 2021 2022 2023 2024 2025 2026 **$4.4M** Series A **$12M** Round **$908K** Round **$196K** Round **$582K** Round **$1.7M** Series B - **First round:** Series A, $4.4M - **Biggest round:** $12M - **Usual gap between rounds:** 4 months ## The rounds - **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 - **Feb 2025** Round **$475K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Dec 2024** Round **$582K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Aug 2024** Round **$196K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Apr 2024** Round **$908K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Dec 2023** Round **$12M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Sept 2019** Series A **$4.4M** *4 new* [MassChallenge](https://millionrounds.com/fund/masschallenge) [Nauta Capital](https://millionrounds.com/fund/nauta-capital) [American Express Ventures](https://millionrounds.com/fund/american-express-ventures) [United Ventures](https://millionrounds.com/fund/united-ventures) Reported by EU-Startups ## 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. - Jul 2026 **$1.7M** UK share allotment - Feb 2025 **$475K** UK share allotment - Dec 2024 **$582K** UK share allotment - Aug 2024 **$196K** UK share allotment - May 2024 **$197K** UK share allotment - Apr 2024 **$711K** UK share allotment - Jan 2024 **$255K** UK share allotment - Dec 2023 **$11M** UK share allotment ## Founders and team From MishiPay's own website: 1 founder, 2 on the team. **Mustafa Khanwala** Founder & CEO - **Swati Phadke** CFO & COO - **Theo Sotiriou** Chief 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 A** 2019 **Round** 2023 **Round** 2024 **Round** 2024 **Round** 2024 **Round** 2025 **Series B** 2026 [MassChallenge](https://millionrounds.com/fund/masschallenge) [Nauta Capital](https://millionrounds.com/fund/nauta-capital) [American Express Ventures](https://millionrounds.com/fund/american-express-ventures) [United Ventures](https://millionrounds.com/fund/united-ventures) ## Everyone who backed them [MassChallenge](https://millionrounds.com/fund/masschallenge) Accelerator **1** round [Nauta Capital](https://millionrounds.com/fund/nauta-capital) VC firm **1** round [American Express Ventures](https://millionrounds.com/fund/american-express-ventures) VC firm **1** round [United Ventures](https://millionrounds.com/fund/united-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=mishipay). ## 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 Ventures](https://millionrounds.com/fund/commerce-ventures) VC firm Per its own site [Commerce VC](https://millionrounds.com/fund/commerce-vc) VC firm Per its own site [Gruppo Bertoldi](https://millionrounds.com/fund/gruppo-bertoldi) Family office Per 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. ## Companies like MishiPay In the same sector, and raised in the last eighteen months. [**HoxtonAi** Apr 2026](https://millionrounds.com/company/hoxtonai)[**Gozney** $19M · Apr 2026](https://millionrounds.com/company/gozney)[**Hosel** $673K · Mar 2026](https://millionrounds.com/company/hosel)[**Hirestreet** $4.9M · Feb 2026](https://millionrounds.com/company/hirestreet)[**Klevio** $1.8M · Dec 2025](https://millionrounds.com/company/klevio)[**Brityard** $334K · Dec 2025](https://millionrounds.com/company/brityard) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app