PayMe Overview
PayMe has developed a white-label payments platform designed for banks, acquirers, financial institutions, marketplaces, and merchant-facing platforms worldwide. PayMe’s partners can use its technology to offer their own customers a comprehensive package solution for all of their major payment and alternative payment methods along with the services needed to optimize their businesses.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
https://www.jpost.com/business-and-innovation/start-ups/article-690048
Israeli start-up enabler PayMe is expanding into the European market, providing financial services to European platforms, marketplaces, and organizations. The company aims to integrate financial products such as credit clearing, alternative means of payment, financing, fraud protection, and other services within their products. PayMe has seen rapid growth and profitability since its founding in 2015, without the need for additional funding rounds. The company has also collaborated with payment processor Stripe to offer a complete financial solution to its customers. PayMe currently serves over 70,000 businesses worldwide and is focused on revolutionizing the European market and becoming a one-stop shop for financial services.
CustomersPartners
growth-positive
PayMe discreetly powering an SMB revolution
PayMe, a startup that provides white-label fintech services, is planning to expand its platform to the European market. The company offers a comprehensive suite of financial services via an API that can be integrated under any brand, targeting the needs of small and medium-sized businesses (SMBs). PayMe processed over $150 million in 2020 and is planning to go public on the Tel Aviv Stock Exchange. The company aims to bridge the gap between large and small businesses by providing accessible financial tools. PayMe is currently focused on the Israeli market but plans to enter Europe due to its fragmentation and the presence of more banks. The companys strategy in Europe involves offering low transaction commissions to businesses and providing additional services to cover the commission costs.
PartnersExpandPublic Trading
growth-positive
"הצלחנו פה יותר מדי, לא היתה לנו סכין על הצוואר. עדיף לחברת היי-טק לא להיות בשוק הישראלי"
The founders of fintech company PayMe, which works with 65,000 small businesses in Israel, discuss the difficulties faced by small businesses during the pandemic. Despite the challenges, PayMes wealthy customers were not affected. The founders highlight the creativity and resourcefulness of small businesses during this time, with examples of businesses finding innovative ways to generate additional income. PayMe aims to help small businesses by reducing the time spent on non-business activities. The article emphasizes the resilience and growth of PayMes customers despite the pandemic.
CustomersExpand
| Sector | Fintech & Insurtech |
Funding
| Total funding | $150K |
| Last funding | Undisclosed |
| Stage | Mature |
| Rounds | 2 |
| Investors | 1 |
Team Members
2
Employees: 51-200
Web & Social Links
| Website | payme.io |
| Careers | Careers page |
Locations
Totseret ha-Arets St 17, Tel Aviv-Yafo, Israel
London, UK
Delaware, USA
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