Paynas logo — Empowering SMEs with seamless payroll, tailored medical insu...

Paynas

Empowering SMEs with seamless payroll, tailored medical insurance, and financial inclusion for employees through a cloud-based HRM tool and Visa-powered cards.

Founded 2018 7 employees Acquired Total: $760.00K Financial Services, Fintech +2

General Information

Company Name Paynas
Founded Year 2018
Founders / Decision Makers
Team member
Employees 7
Industries Financial Services, Fintech, Health insurance +1
Funding Stage Acquired
Social

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About Paynas

Paynas, founded in 2018, operates in the Financial Services, Fintech, Health Insurance, and Human Resources sectors. The company's mission, as reflected in its slogan, "Empowering SMEs with seamless payroll, tailored medical insurance, and financial inclusion for employees," highlights its commitment to providing comprehensive financial solutions for small and medium enterprises (SMEs).

The company offers a cloud-based HRM tool designed specifically for SMEs. This tool integrates a seamless payroll solution using Visa-powered cards along with personalized medical insurance options. This combination allows SMEs to enhance their operational capabilities and supports financial inclusion for their employees.

Paynas received its last investment on 01 August 2022 from Valu, through an acquisition investment. This strategic partnership positions Paynas for continued growth and expansion in its targeted markets, leveraging Valu's experience and resources to strengthen its product offerings.

Taxonomy: Cloud-based HRM, SME Empowerment, Seamless Payroll, Visa-powered Cards, Tailored Medical Insurance, Affordable Employee Benefits, Financial Inclusion, FinTech Solutions, Human Resource Management, Payroll Solutions, Employee Financial Services, HR Tech, SME Growth, Financial Services Integration, Employee Wellness Programs

Services & Products

HR & Payroll System
Paynas Card
Health Insurance

Target Customers

Small Businesses Companies seeking HR digitization Businesses looking for employee benefits solutions

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition •••••• 1 •••• •••• 01 Aug 2022
Seed •••••• 5
Investor Investor Investor Investor
•••• ••••
01 Dec 2019
Early VC •••••• - 01 Jun 2019
Seed •••••• - 01 Aug 2018

Paynas Alternatives & Competitors

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Paynas vs
Vara
Vara Singapore

We obsess over delivering more time, energy, and money into the hands of SMEs and their staff.

Seed
11-50 employees
Internet
Paynas vs

Access your earned wage and manage all your Financial, Health and Wellbeing needs in one place.

Non Equity Assistance
4 employees
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Paynas vs

Platform for managing the financial needs of small and medium-sized enterprises.

Financial Services, Fintech

FAQ About Paynas

Empowering SMEs with seamless payroll, tailored medical insurance, and financial inclusion for employees through a cloud-based HRM tool and Visa-powered cards.
Paynas was founded in 2018.
Paynas operates in the following industries: Financial Services, Fintech, Health insurance, Human Resources.
Paynas has approximately 7 employees.
Paynas has completed 4 funding rounds, raising a total of $760.00K. The latest funding stage is Acquired.
Paynas offers: HR & Payroll System, Paynas Card, Health Insurance.
Top alternatives and competitors to Paynas include Vara, Dakko | a new concept in Health & Financial Wellbeing, Finans Müdürü, PagarBook, ZikZuk . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Paynas and Vara 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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