PayMate Revenue and Competitors

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Mumbai, India

Location

N/A

Total Funding

Finance

Industry

Estimated Revenue & Valuation

  • PayMate's estimated annual revenue is currently $13.2M per year.(i)
  • PayMate's estimated revenue per employee is $105,000

Employee Data

  • PayMate has 126 Employees.(i)
  • PayMate grew their employee count by -1% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$24570M3631314%$216M$209.6B
#2
$457970M1608000N/AN/A$1.6T

PayMate is transforming the way businesses pay and get paid in India. As a leading provider of electronic business to business (B2B) payment solutions, PayMate is helping large Enterprises and SMEs transition from traditionally slow and costly forms of payments like cash and checks to real-time and efficient digital payments. PayMate provides business customers the ability to automate and seamlessly manage vendor payments (AP), customer payments (AR), invoicing, and cash flow. In addition, businesses can easily apply for working capital financing at competitive rates. Multiple forms of electronic payment channels are supported including cards, net-banking, ACH, NEFT, RTGS, and IMPS. All services are delivered via our proprietary cloud based, payments platform and can be accessed on any web enabled desktop or mobile device. Processing of high volume transactions, payment settlement, mitigating risk, and security are core elements of the proprietary platform. PayMate is a PCI-DSS compliant and adheres to the highest standards and industry best practices for compliance, security, and risk.

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N/A

Total Funding

126

Number of Employees

$13.2M

Revenue (est)

-1%

Employee Growth %

N/A

Valuation

N/A

Accelerator

PayMate News

2019-07-22 - Visa invests in India-based B2B payments platform PayMate’s $25M round

PayMate, a Mumbai-based startup that helps businesses automate and digitize their payments, is raising $25 million in a new round, its founder said, as it looks to expand its presence within India and in international markets. In an interview with TechCrunch, Ajay Adiseshann, founder and CEO of ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$15.8M12624%N/A
#2
$13.2M126-1%N/A
#3
$12.9M126163%N/A
#4
$13.2M12633%N/A
#5
$18.3M126N/AN/A