PayMate

PayMate, founded in 2006 and headquartered in India, is an innovative fintech company focusing on simplifying B2B payments for enterprises and SMEs across supply chains. With the slogan "Global B2B Payments Simplified", the company offers a platform delivering a digital workflow integrated with payments to enhance transparency and control, improving cash flow management for clients involved in closed-loop supply chains.

Collaborating with leading Visa commercial card-issuing banks, PayMate transitions traditional payment methods like cash and cheques to card-based systems, offering extended payables and risk mitigation benefits. Key platform features include Procure to Pay automation, credit evaluation, and a discount marketplace, all supported by cloud-based accessibility and seamless integration capabilities.

Operating in South Asia and the UAE, PayMate is expanding across the CEMEA region. Their latest funding round was a $25.00M Series D investment on 22 July 2019, backed by investors such as Brand Capital, Recruit Strategic Partners, Mayfair 101, and Visa.