PayMate
Founded Year
2006Stage
Series D | AliveTotal Raised
$48MLast Raised
$25M | 4 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+40 points in the past 30 days
About PayMate
PayMate offers B2B payment solutions for Enterprise and SME across supply chains. The PayMate platform provides a comprehensive digital workflow tied to payments which enable greater control along with better cash flows and an end to end reconciliation for a seamless experience for Enterprise and SME in closed-loop supply chains.
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Expert Collections containing PayMate
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
PayMate is included in 3 Expert Collections, including SMB Fintech.
SMB Fintech
1,647 items
Payments
2,779 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
12,418 items
Excludes US-based companies
Latest PayMate News
Sep 7, 2023
07 Sep 2023, 8:39 PM IST 07 Sep 2023, 8:39 PM IST WhatsApp
PayMate Frequently Asked Questions (FAQ)
When was PayMate founded?
PayMate was founded in 2006.
Where is PayMate's headquarters?
PayMate's headquarters is located at 111, SunderVilla, S.V. Road, Mumbai.
What is PayMate's latest funding round?
PayMate's latest funding round is Series D.
How much did PayMate raise?
PayMate raised a total of $48M.
Who are the investors of PayMate?
Investors of PayMate include Recruit Strategic Partners, Brand Capital, Mayfair 101, Visa Ventures, Sherpalo Ventures and 5 more.
Who are PayMate's competitors?
Competitors of PayMate include Plastiq, C2FO, Balance, Open, Previse and 8 more.
Who are PayMate's customers?
Customers of PayMate include Jagruthi Cabs.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
Compare PayMate to Competitors
Enkash is a B2B payments management and automation platform. EnKash helps businesses to manage purchase orders and invoices and enables them to track payments to suppliers or from buyers. The company was founded in 2017 and is based in Mumbai, India.
Stripe operates as a financial technology company. It offers an online payment processing platform that securely accepts credit card payments. It allows users to accept payments, send payouts, and manage businesses online. It offers solutions for marketplaces, electronic commerce (e-commerce) companies, and more. Stripe was formerly known as DevPayments. The company was founded in 2010 and is based in South San Francisco, California.
Razorpay offers payment solutions for businesses to accept, process, and disburse payments with its product suite. It assists users to access all payment modes including credit cards, debit cards, net banking, unified payments interface (UPI), and mobile wallets. The company also provides banking solutions such as vendor payments, automated payout, current accounts, tax payments, and payroll. It was founded in 2014 and is based in Bengaluru, India.
Nupay operates as a payment service provider. It offers business-to-business (B2B) payments and banking services. The company offers digital payments and automation of account receivables and payables processes. It was founded in 2016 and is based in Gurgaon, India.
Melio provides financial and payment services. It offers a digital platform for paying vendors, suppliers, and contractors by bank transfer, credit, and debit cards. The platform helps small businesses and their suppliers to receive and transfer payments. It was founded in 2018 and is based in New York, New York.
Opn specializes in online payment, blockchain technology for financial technology, and digital transformation services. The platform offers solutions such as transaction management, payouts, revenue protection, digital touchpoints, and more. It was formerly known as SYNQA and Omise. The company was founded in 2013 and is based in Bangkok, Thailand.
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