In August 2025, PashaPay LLC increased its authorized capital by 10.3 million manat, bringing the total to 50.322 million manat. This increase aims to expand the company’s operations and offer new services.
PashaPay is known for its “m10” e-wallet and “MilliÖN” payment systems. The company was established in 2005 and earlier this year received a license from the Central Bank of Azerbaijan to operate as an electronic money institution. Previous capital increases were also carried out; for example, in October 2023, the capital was increased by 18 million manat to 18.022 million manat.
Ownership and Investment
100% of PashaPay’s shares are owned by Kapital Bank JSC. In May 2024, Kapital Bank invested 48.704 million manat in the company.
This capital increase strengthens PashaPay’s financial stability and solidifies its position in the digital payment services sector.
If you want, I can also make a shorter, news-style version suitable for headlines or social media.
