QPay, a student marketplace and payments app, was started by Andrew Clapham, Moe Satti, & Zakaria Bouguettaya in 2013. As of January 2024, QPay net worth is $10 million and they were annual revenue $10.5 million in 2021.
In 2018 July, they appeared on season 04 of Shark Tank Australia and made a deal with Steve Baxter and Naomi Simson, $380,000 for 8.4% of equity. The final valuation was $4.5 million, same from the founder’s initial estimate of $4.5 million.
As of 2024 January, the company is still in business. You can get services using their website.
QPay Net Worth
| Net worth | $10 million |
| Annual Sales Revenue | $10.5 million (In 2021) |
| Profits | – |
| Lifetime sales | – |
| Investors | Steve Baxter and Naomi Simson |
| Founder | Andrew Clapham, Moe Satti, & Zakaria Bouguettaya |
| Employees | 1-20 employees |
QPay Net Worth Timeline
| Net Worth 2024 | $10 million |
| Net Worth 2023 | $9.5 million |
| Net Worth 2022 | $9 million |
| Net worth valuation 2018 after appearing on Shark Tank | $4.5 million |
| Net worth valuation 2018 before appearing on Shark Tank | $4.5 million |
QPay Pitch on Shark Tank
| Company name | QPay |
| Product | Student marketplace and payments app |
| Episode | Season 04 Episode 13 |
| Founders | Andrew Clapham, Moe Satti, & Zakaria Bouguettaya |
| Asked for | $380,000 for 8.4% Stake |
| Final deal | $380,000 for 8.4% Stake (Share) |
| Sharks | Steve Baxter and Naomi Simson |
| Location | Sydney, New South Wales, Australia |
Don’t miss these product from Season 04
QPay Founders
QPay was founded by Andrew Clapham, Moe Satti, & Zakaria Bouguettaya in 2013. Andrew Clapham, Moe Satti, and Zakaria Bouguettaya aim to attract many students by using features like sending reminders, updating weekend spending limits, and encouraging users to check their balances regularly. QPay’s founders, Andrew Clapham, Moe Satti, & Zakaria Bouguettaya, have a net worth of 9.16 million USD as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2018 | The company appeared on Shark Tank Season 04 Australia. |
| 2023 | As of 2023, the company earned $10 million worth. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for QPay and its continued success.
Also if you want to read further details about QPay, Read here : Qpay-What happened to The Highest Earning Business in Australian Shark Tank?
