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PayMate Stock
PayMate is an Indian B2B payments fintech for Enterprise and SME across supply chains.
About PayMate Stock
PayMate is a leader in 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.
Funding History
July 2006 | $5.0M |
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June 2008 | $9.0M |
May 2018 | $1.5M |
July 2019 | $25.0M |
Management
Founder & CEO
Ajay Adiseshann
Director & CFO
Ravi Vishvanathan
Chief Of Staff
Rajat Yadav
Advisor
Dhruv Singh
Senior Vice President of Product Innovation & Design
Dean Gonsalves
Press
TechCrunch - Jul, 22 2019
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