Overview

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Total Equity Funding
$14M in 2 Rounds from 3 Investors
Most Recent Funding
$9M Series B on June 1, 2008
Headquarters:
Mumbai
Description:
Cloud based B2B payments for Small business and Enterprises.
Founders:
,
Categories:
E-Commerce, FinTech, Mobile
Website:
http://www.gopaymate.com
Social:

Company Details

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PayMate is a leading provider of mobile and e-payment solutions that enable consumers to make payments and transfers anytime/anywhere, and allows merchants to accept electronic payments and make business-to-business payments. All these services are simple, secure, and delivered via PC or mobile devices. PayMate's proprietary 'TAP' platform facilitates Transfers, Acceptance, and Payments across multiple channels including SMS, IVR, USSD, Mobile Web and Mobile Applications.

PayMate offers its services in partnership with Airlines, Car Rental companies, Hotels, Banks and other third party financial service providers. It adheres to industry leading standards and best practices in compliance, security, and risk.

PayMate is funded by blue chip Silicon Valley based investors including Kleiner Perkins Caufield Byers, Sherpalo, Mayfield and Lightbox Ventures. PayMate is headquartered in Mumbai, with operations in South Asia (India, Nepal, Sri Lanka)

For more information please visit www.gopaymate.com

Funding Rounds (2) - $14M

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DateAmount / RoundValuationLead InvestorInvestors
Jun, 2008$9M / Series B3
Jul, 2006$5M / Series A2

Investors (3)

Current Team (6)

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Products (1)

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  • GiftMate is a mobile gifting service that enables its users to pay retail and online merchants in India by using its gift vouchers.

Offices/Locations (2)

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  • HQ

    111 Sundervilla, S V Road Santacruz (West)

    Mumbai, 400054

    IND

  • Office

    Maharastra,

    Mumbai,

    IND

Images (1)

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