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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
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

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