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Mazepay logo — Procurement is demanding. Demand smarter software.

Mazepay

Procurement is demanding. Demand smarter software.

Founded 2018 Denmark Denmark 25 employees Unknown Total: $7.25M

General Information

Company Name Mazepay
Founded Year 2018
Location Denmark Denmark +2
Founders / Decision Makers
Team member Team member
Employees 25
Funding Stage Unknown
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About Mazepay

Mazepay, with the slogan "Procurement is demanding. Demand smarter software," is addressing the complexities of the procurement process with intelligent software solutions. Founded in 2018 and headquartered in Denmark, the company’s mission is to redefine how large enterprises handle indirect procurement and B2B payments, emphasizing efficiency and cost-saving.

By partnering with leading European banks and Mastercard, Mazepay introduces cutting-edge technology aimed at streamlining B2B payments, significantly enhancing procurement processes for both buyers and suppliers. This reflects their core belief that procurement should drive business efficiency, facilitate growth, and ensure financial stability.

The company recently secured a €1.75M Early VC investment led by Vendep Capital on 01 August 2024. With offices in Aarhus, Copenhagen, and Novi Sad, Mazepay is strategically positioned to scale its innovative solutions across Europe, offering investors a promising opportunity in the procurement technology space.

Taxonomy: procurement solutions, B2B payments, indirect procurement, enterprise software, payment integration, spend management, accounts payable, process optimization, cloud-based solutions, long-tail procurement, transaction efficiency, supplier relationships, instant card issuing, collaboration with banks

Services & Products

online payments
subscription management
invoice management
supplier management
custom workflows
audit and controlling
data reporting and integration

Target Customers

finance teams procurement teams enterprise companies IT departments marketing teams

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Early VC •••••• 1
Investor
01 Aug 2024
Early VC •••••• 3
Investor Investor
•••• •••• 		01 Feb 2023
Seed •••••• 1
Investor
01 May 2021

Mazepay Alternatives & Competitors

View All Alternatives
Mazepay vs
Besettle Finance AB
Besettle Finance AB Sweden

Transforms unmanaged spend into a well managed Procure-to-Pay program

5 employees
IT, Information Technology
Mazepay vs
ProcureNode
ProcureNode Finland

We help procurement units to achieve the recognition and appreciation they deserve.

4 employees
Mazepay vs
CollectiveSpend
CollectiveSpend United Arab Emirates

Tail Spend Procurement Marketplace and Buying Desk Service for efficient Spend Management. #procur...

8 employees
Also compare with: Mazepay vs SourceSage SourceSage Mazepay vs mjunction services ltd mjunction services ltd Mazepay vs Xeeva, Inc. Xeeva, Inc. View all alternatives

FAQ About Mazepay

Procurement is demanding. Demand smarter software.
Mazepay was founded in 2018.
Mazepay is headquartered in Denmark.
Mazepay has approximately 25 employees.
Mazepay has completed 3 funding rounds, raising a total of $7.25M. The latest funding stage is Unknown.
Mazepay offers: online payments, subscription management, invoice management, supplier management, custom workflows, audit and controlling, data reporting and integration.
Top alternatives and competitors to Mazepay include Besettle Finance AB, ProcureNode, CollectiveSpend, SourceSage, mjunction services ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Mazepay and Besettle Finance AB are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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