Overview

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.

Our investors

VISA

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive.
Recruit Strategic

RSP India Fund, LLC invests in promising start-up companies with the aim of discovering new technologies and business models and securing business opportunities, with a view to creating new business domains for the Recruit Group in India.
Lightbox

Lightbox is a new $90MM tech fund in India. They focus on early stage consumer technology businesses. The team behind Lightbox represents one of the most successful track records in VC in India.
BCCL

Brand Capital is the strategic investment arm of The Times Group; India’s leading media house. Brand Capital brings in growth capital coupled with branding expertise and a vast experience of having invested in multiple businesses in India and abroad since 2004.