The Mfpay service was founded in 2023 by Roman Gorobchenko. The platform is focused on managing cryptocurrency payments for business. Mfpay allows you to quickly organize your own cryptocurrency accounting and manage all transactions in cryptocurrency. Through a single system, you can bill and pay, view analytics, and report. The service is built through a system of smart contracts, and users do not need to create intermediate wallets. Mfpay cannot block, freeze or otherwise restrict the use of assets. At the same time, as noted, the funds are protected as much as the user's wallet is protected.
History
2023: Attracting 15 million rubles of investments
At the end of December 2023, it became known that the Malina VC venture capital fund invested 15 million rubles in the startup Mfpay, which developed the crypto gallery platform of the same name. The transaction was carried out in the format of SAFE (Simple Agreement for Future Equity) - an agreement on future capital.
As Gorobchenko noted, at the next round of investments, the estimate of the Mfpay project could be approximately $10 million. In 2024, the company plans to enter Southeast Asian markets by connecting a partner bank. At the same time, the incorporation of the main holding company will also take place in the specified region.
As of the end of 2023, the Mfpay platform supports USDT (Tether) stablecine on BNB Chain (BEP20), Etherium (ERC20) and Polygon networks. The service can be used with all popular crypto wallets such as MetaMask, Trust Wallet, 1inch, Ledger, etc. When performing transactions, Mfpay charges a fixed billing/billing fee of USDT 1, regardless of the amount. The user also independently pays network fees for transactions in the native token.[1]