PayMate Stock
PayMate is an Indian B2B payments fintech for Enterprise and SME across supply chains.
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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 |
|---|---|
| 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
pymnts - Aug, 30 2023
PayMate and Sohar International Partner to Digitize B2B Payments in Omanpymnts - Jun, 12 2023
PayMate Expands to Chase $68 Trillion B2B Payment Marketinc42 - Jun, 8 2023
B2B Fintech Startup PayMate Likely To Refile DRHP Within Next 90 Daysinc42 - Jan, 25 2023
SEBI Asks Fintech Unicorn PayMate India To Refile DRHPbit - Jan, 24 2023
Visa, Lightbox-backed PayMate advised by Sebi to refile IPOinc42 - Dec, 10 2022
PayMate Gets In-Principle Approval From RBI For Payment Aggregator Licencebit - Nov, 1 2022
IPO-bound PayMate expands into South Asiafinextra - Nov, 1 2022
PayMate enters Singapore and Sri Lankathepaypers - Aug, 23 2022
PayMate offers vendor and GST payments through its mobile appow - Jul, 23 2022
PayMate B2B Customers to Make Utility Bill Payments Using Visa Commercial Credit Cardsyourstory - May, 30 2022
B2B payments startup PayMate India files DRHP to raise Rs 1500 Crinc42 - Feb, 10 2022
Exclusive: Ahead Of $400 Mn IPO, PayMate’s Board Nods Conversion Into Public Companyinc42 - Dec, 23 2021
Ahead Of Its IPO, PayMate Ropes In Ex Visa Employee Kevin Phalen As Independent Directorinc42 - Sep, 28 2021
Exclusive: PayMate To Raise $100 Mn In Pre-IPO Round, To Enter Unicorn Clubdlvr - Sep, 27 2021
Procure-to-Pay Startup PayMate Eyes Funding to Shore Up Reservesthepaypers - Aug, 26 2021
PayMate enters UAE with new partnershipsdlvr - Aug, 26 2021
B2B Payments Today: Balance Raises $25M To Digitize B2B eCommerce Payments; Visa, Citi, PayMate Partner In The UAEdlvr - Jul, 28 2021
Indian B2B Payments Firm PayMate Planning $400M IPObfsi - May, 5 2021
Card storage norms give advantage to UPI over credit cardsthenationalnews - May, 5 2021
Why India's move to diversify its digital payment system is good news for Amazon and Googlepaymentsjournal - Mar, 10 2021
Paymate Automates and Achieves an Annualized Run-Rate of $1.3 Billion in GST Payments through Its B2B Payments Platformbusiness-standard - Mar, 10 2021
PayMate says has achieved annualised run-rate of $1.3 bn in GST paymentsverdict - Mar, 9 2021
India unicorn ecosystem will strengthen in 2021aninews - Mar, 9 2021
PayMate achieves annualised run-rate of $1.3 billion in GST paymentsbusinesstoday - Mar, 9 2021
Shifting Gearsmedianama - Feb, 18 2021
Digitisation Wave Among SMEs Led Revival Beyond Pre-COVID Levels, says PayMateciol - Jan, 14 2021
Visa and PayMate Team Up to Expand Regional B2B Paymentsinc42 - Jan, 14 2021
KPCB And Sherpalo-Backed PayMate Acquires Digital Lending Platform Z2Pbusinesstoday - Jan, 14 2021
Banking for the Futurebusinesstoday - Jan, 14 2021
Ready To Leapfroginc42 - Jan, 14 2021
What Fintech Startups Want In Budget 2019: Tax Rebate, Liquidity And Policy Reformspymnts - Jan, 14 2021
India’s Marg ERP Develops B2B ePayment Platformoutlookindia - Jan, 14 2021
PayMate Is Shortly Launching in UAE, Followed By GCCpymnts - Jan, 14 2021
PayMate CEO: How To Fix B2B Payments In Indiaproactiveinvestors - Jan, 14 2021
Visa invests alongside Mayfair 101 in PayMate US$25mln roundpaymentsjournal - Jan, 14 2021
Visa Invests in India-Based B2B Payments Platform Paymate’s $25m Roundyourstory - Jan, 14 2021
[Funding alert] B2B payments startup PayMate raises Series D from Japan’s Recruit, Visa, and othersin - Jan, 14 2021
[Funding alert] B2B payments startup PayMate raises Series D from Japan’s Recruit, Visa, and othersbfsi - Jan, 14 2021
Visa, Japan’s Recruit Strategic invest in PayMate’s $25 million roundeconomictimes - Jan, 14 2021
PayMate raises Series D to accelerate growth, Visa makes strategic investmentmobilepaymentstoday - Jan, 14 2021
Visa invests in Paymate to expand B2B payments in India, Middle Eastentrackr - Jan, 14 2021
B2B payment solutions provider PayMate raises $25 Mn from Visa and othersfinextra - Jan, 14 2021
Visa invests in Indian B2B payments firm PayMatevccircle - Jan, 14 2021
Visa, Japan's Recruit join B2B payments firm PayMate's Series D funding roundtimesofindia - Jan, 14 2021
PayMate raises funds from Visa, Recruit Strategic Partners and otherspymnts - Jan, 14 2021
Visa Among Investors In PayMate’s Series D Growth Fundingtechinasia - Jan, 14 2021
In brief: Indian digital payments startup PayMate banks $25m from Visa, othersthepaypers - Jan, 14 2021
Indian payments startup gets USD 25 mln from Visa, othersfinancialexpress - Jan, 14 2021
Budget 2019: SME e-payment, free digital transactions, online credit in fintech push to drive financial inclusioneconomictimes - Jan, 14 2021
Budget 2019: MDR scrapping to boost digital paymentsbfsi - Jan, 14 2021
PayMate - Ravi Vishvanathan: Budget2019 Expectationsentrepreneur - Jan, 14 2021
#Budget2019: 5 Things Indian Start-up Ecosystem Wants to Hear on July 5zeebiz - Jan, 14 2021
Fintech firms want Modi 2.0 Government to implement RBI’s Vision 2021 - What it is and its benefitseconomictimes - Jan, 14 2021
PayMate boss Ajay Adiseshann relies on 6-8 km of running, meditation & 'Pranayama' for fitnesszeebiz - Jan, 14 2021
Fintech firms hail RBI's decision to review RTGS, NEFT charges - Who said whatfirstpost - Jan, 14 2021
Union Budget 2019-20: Fintech firms want digital payments to be incentivised, push towards tech-led infra, tax relaxationszeebiz - Jan, 14 2021
Startup India: Emerging entrepreneurs want Modi 2.0 booster shot to foster growthpymnts - Jan, 14 2021
PayMate Gears Up For Middle East Entranceciol - Jan, 14 2021
Indian Elections 2019: Expectation of Industry Leaders from the New Indian Governmentfirstpost - Jan, 14 2021
Corporate India welcomes Narendra Modi-led NDA's re-election; seeks more corrective measures to accelerate growthbwdisrupt - Jan, 14 2021
Visa and PayMate Team Up to Start Operations in Middle East, Africa and Europepymnts - Jan, 14 2021
How The Pandemic Is Fueling Commercial Card Adoptioncnbctv18 - Jan, 14 2021
Visa Everywhere Initiative: Challenge 3yourstory - Jan, 14 2021
From coronavirus lockdown to economic slowdown – 40 quotes from India’s COVID-19 battlethehindubusinessline - Jan, 13 2021
PayMate’s invoice discounting offering to go live by Marchyourstory - Jan, 13 2021
[2020 Outlook] The top trends that will shape the future of Indian small businessesbusinesstoday - Jan, 13 2021
SMEs in 2020: B2B payments, data privacy among 5 issues to stay in focuscfo-india - Jan, 13 2021
Why small businesses are important for corporate Indiacommercialpaymentsinternational - Jan, 13 2021
Indian payments platform jumps into supply chain payments as competition growsfinancialexpress - Jan, 13 2021
Expectations 2021: With Covid fallout in rearview mirror, fintech startups set to make up for 2020 lossesexpresscomputer - Jan, 13 2021
PayMate enables its ecosystem with Invoice Discountingzeebiz - Jan, 13 2021
B2B Payments, Invoicing: Higher returns for buyers and secure working capital for suppliers - Here is howbfsi - Jan, 13 2021
PayMate launches invoice discounting platformthepaypers - Jan, 13 2021
PayMate launches Invoice Discounting for B2B paymentspaymentsjournal - Jan, 13 2021
PayMate Enables Its Ecosystem with Invoice Discountinggomedici - Jan, 13 2021
A New Age of SME Automation Solutions in Indiathenationalnews - Jan, 13 2021
Why India's digital drive is on full throttle thanks to Covid-19bfsi - Jan, 13 2021
PayMate ready for global operations but concerns over economic uncertainty prevailcnbctv18 - Jan, 13 2021
India should overhaul tax system, lower I-T rate for individuals to 15-20%: PayMate CFOthenationalnews - Jan, 13 2021
India’s payment firm PayMate looks to expand across the GCC by 2021cnbctv18 - Jan, 13 2021
PayMate launches B2B payments platform for large enterprises and their supplierspaymentsjournal - Jan, 13 2021
PayMate Rolls Out India’s First ‘Full-Stack Supply Chain Payments Automation Platform’businessworld - Jan, 13 2021
Paymate Enhances Its B2B Payments Platform To Be India’s First ‘Full-Stack Supply Chain Payments Automation Platform’pymnts - Jan, 13 2021
PayMate Rolls Out Tech To Automate B2B Supply Chain Paymentsthepaypers - Jan, 13 2021
PayMate launches supply chain payments automation platformthehindubusinessline - Jan, 13 2021
PayMate launches full stack supply chain payments automation platformfinancialexpress - Jan, 13 2021
Now SMEs can automate payments, cut costs, ease cash flows as PayMate enhances its B2B platformyourstory - Oct, 28 2019
‘You can turn any challenge into an opportunity’ – 45 quotes from Indian startup journeysyourstory - Oct, 26 2019
[The Turning Point] How B2B payments startup PayMate overcame strict regulations to please marquee investorsbenzinga - Sep, 22 2019
PayMate: A Cloud-Based Solution For Payments, Lendingyourstory - Jul, 27 2019
[Weekly funding roundup] After a slump last week, funding crossed $150M with fintech emerging as investors' favouriteeconomictimes - Jul, 24 2019
PayMate raises $10m plus from existing backerslivemint - Jul, 22 2019
Visa, others invest in PayMate’s $25 million roundinc42 - Jul, 22 2019
PayMate Raises Series D Funding From Recruit Partners, Visa And OthersTechCrunch - Jul, 22 2019
Visa invests in India-based B2B payments platform PayMate’s $25M roundinc42 - May, 24 2019
The Indian Startup Ecosystem Lays Its Expectations At Re-Elected NDA Government’s Doorsinc42 - Apr, 5 2019
Driving The B2B Payments Growth In India In 2019yourstory - Mar, 15 2019
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