PayMate

Financial Services • Mumbai, Maharashtra, India • 101-200 Employees

Company overview

Headquarters	111 Sundervilla, S V Road, Santacruz (West), Mumbai, Maharastra 400054, IN
Phone number	+912226616170
Website	paymate.in
NAICS	52
SIC	615
Keywords	B2B, Automation, Credit, Apis, Invoicing, Payment Solution, Receivables, Digital Payments, B2B Payments, Payables, Discounting, Vendor Payments, Enterprise Solution, Paymate, Supplier Solution
Employees	101-200
Socials

Key Contacts at PayMate

Kevin Phalen

Independent Director

Kathy Mihelic

Owner

Ray Fazel

Owner

PayMate Email Formats

PayMate uses 2 email formats. The most common is {first name} (e.g., john@paymate.co.in), used 76.9% of the time.

Format	Example	Percentage
{first name}	john@paymate.co.in	76.9%
{first name}.{last name}	john.doe@paymate.co.in	23.1%

About PayMate

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.

PayMate revenue & valuation

Annual revenue	$58,500,000
Revenue per employee	$492,000
Estimated valuation?This valuation is estimated based on industry average for the Financial Services industry and current estimated revenues	$187,200,000
Total funding	$25,000,000