CompaniesZarinPal

ZarinPal

FintechIndependentIndex constituent
Entity IDIR-CO-040
SectorFintech
Founded2011
HQTehran
VerificationReported

Iran's first payment gateway; online payment infrastructure for businesses

Tehran Index tracks this company as part of a source-linked research record on Iran’s technology economy. Access opens to a limited first cohort. Register for access, or browse the registry.

Decision snapshot
Founded
2010-11 (2010/11)
2010-11Third-party reported
Founders
Brothers Ali Amiri and Mostafa Amiri, co-founders
DurableThird-party reported
Regulatory status
Early payment facilitator; among the first companies certified by Shaparak (CBI's payment-switch operator)
CurrentThird-party reported
way2pay.ir; saten.ir · retrieved 2026-07-27
Scale (company size)
50 to 200 employees (estimate)
2025Third-party reported
Tracxn company profile · retrieved 2026-07-27

Every field carries an explicit evidence state and its source. Self-reported figures are labelled as such; nothing is presented with more certainty than its source supports.

Operating metrics, period-stamped
Monthly transaction volumeas statedFounder disclosure
8,000 to 10,000 billion toman/month (~$45M-$57M at ~176,000 toman/$ free-market rate)
Mostafa Amiri (co-founder & CEO), on-record video interview · retrieved 2026-07-27Per TI tracking, the largest transaction-volume figure any Iranian payment gateway has disclosed on record as of publication.
Business model & group
Product linesCurrentCompany disclosed
Payment gateway (hosted + API) · e-wallet · prepaid card · in-person/offline payment · social-media payment plugins
zarinpal.com product pages · retrieved 2026-07-27
Market structureAs of 2026-07Founder disclosure
Iran's payment-service-provider industry consolidated from ~120 companies to 10 to 12, per Central Bank policy, per ZarinPal's co-founder
Leadership
CEO & co-founderCurrentFounder disclosure
Mostafa Amiri
CFO & co-founderCurrentThird-party reported
Ali Amiri
way2pay.ir; saten.ir · retrieved 2026-07-27
Evidence timeline, how this record was built
2025-07-25Executive interviewExecutive interview, Mostafa Amiri (ZarinPal), Mostafa Amiri2 records

Primary sources catalogued in the Evidence Library; extracted claims appear above as period-stamped facts, never as current news.

Signals & timeline, ZarinPal mentions

From the published signal feed; each record links to its source. All signals →

What we don't know
Revenue / profitabilityNot disclosed
Ownership / investorsNot disclosed
Funding history / valuationNot disclosed

Stated gaps are part of the record: in an opaque market, knowing what is NOT publicly established is as decision-relevant as what is.

Source ledger, every field, its evidence
FoundedThird-party reported2010-11
2010-11 (2010/11)
Persian Wikipedia; way2pay.ir founder-history feature · retrieved 2026-07-27retrieved 2026-07-27
FoundersThird-party reportedDurable
Brothers Ali Amiri and Mostafa Amiri, co-founders
way2pay.ir founder profile; saten.ir · retrieved 2026-07-27retrieved 2026-07-27
Regulatory statusThird-party reportedCurrent
Early payment facilitator; among the first companies certified by Shaparak (CBI's payment-switch operator)
way2pay.ir; saten.ir · retrieved 2026-07-27retrieved 2026-07-27
Scale (company size)Third-party reported2025
50 to 200 employees (estimate)
Tracxn company profile · retrieved 2026-07-27retrieved 2026-07-27
CEO & co-founderFounder disclosureCurrent
Mostafa Amiri
Mostafa Amiri, on-record video interview · retrieved 2026-07-27retrieved 2026-07-27
CFO & co-founderThird-party reportedCurrent
Ali Amiri
way2pay.ir; saten.ir · retrieved 2026-07-27retrieved 2026-07-27
Product linesCompany disclosedCurrent
Payment gateway (hosted + API) · e-wallet · prepaid card · in-person/offline payment · social-media payment plugins
zarinpal.com product pages · retrieved 2026-07-27retrieved 2026-07-27
Market structureFounder disclosureAs of 2026-07
Iran's payment-service-provider industry consolidated from ~120 companies to 10 to 12, per Central Bank policy, per ZarinPal's co-founder
Mostafa Amiri (co-founder & CEO), on-record video interview · retrieved 2026-07-27retrieved 2026-07-27
Monthly transaction volumeFounder disclosureas stated
8,000 to 10,000 billion toman/month (~$45M-$57M at ~176,000 toman/$ free-market rate)
Mostafa Amiri (co-founder & CEO), on-record video interview · retrieved 2026-07-27retrieved 2026-07-27
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Registered entity
Legal entityHamrah Pardaz Zarrin
Entity typeoperating
StatusActive
Registered1395/06/20 (2016-09-10)
Registered capital400 billion IRR
Board & shareholders
Mostafa AmiriCEO & Vice Chairman
Ali AmiriChairman
Mehdi Mohammadimember

Registered capital is the share capital recorded in the official gazette. Increases are real corporate events, but they are commonly funded from retained earnings or converted receivables and are also driven by inflation and regulatory minimums. It is not a valuation, and Tehran Index does not present it as one.

Official contact
Registered addressNo. 61, 20th St, Yousefabad, Tehran, Iran
Postal code1431965374
Instagram@zarinpal
Evidence & verification
Verification tierReported, single public source
Primary evidencewww.zarinpal.com
Registry identifiersWithheld for compliance

Fields on this profile derive from linked public sources or the official company registry; unknown values stay blank rather than guessed, and estimates are always labelled. How we verify →

Quick facts
Tehran, Iran
Founded 2011
www.zarinpal.comLinkedIn
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