PayMate

📍 Mumbai, India🗓 Founded 2006👥 126 employees💰 Last funded Jul 2019
Financial Services🌐 paymate.in
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PayMate is a B2B payments for Enterprise and SME across supply chains. The PayMate platform provides a comprehensive digital workflow tied to payments which enable greater control and transparency along with better cash flows and an end to end reconciliation for a superior experience for Enterprise and SME in closed-loop supply chains. PayMate works with leading Visa commercial card-issuing banks to facilitate credit for both payables and receivables across supply chains moving traditional cash, cheque and EFT to card streams with several built-in risk-mitigating benefits for banks and extended days payables for buyers. Platform features include Procure to Pay automation, credit evaluation, discount marketplace along with APIs for integration into existing accounts/ERP for minimal friction-based deployment. It is cloud-based and accessible across all form factors. PayMate has a presence in South Asia (India) and UAE and is actively expanding across CEMEA.
2
Total investors
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Early stage
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Late stage
2006
Founded

Investors

2 investors
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Investor geography2 countries
Japan
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United States
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Frequently asked questions
Who invested in PayMate?
PayMate has 2 investors on record on gritt.io.
When did PayMate last raise funding?
The most recent investment in PayMate recorded on gritt.io was in July 2019.
When was PayMate founded?
PayMate was founded in 2006.
What industry is PayMate in?
PayMate operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is PayMate based?
PayMate is headquartered in Mumbai, India.