YayPay
| ISIN | 🆔 |
|---|---|
| Industry | Artificial Intelligence, Fintech, SaaS |
| Founded 📆 | 2015 |
| Founder 👔 | Anthony Venus, Eugene Vyborov, Saul Frank (Former) |
| Headquarters 🏙️ | , NewYork |
Area served 🗺️ | |
| Revenue🤑 | $13.8M |
| Members | |
Number of employees | |
| 🌐 Website | https://www.yaypay.com/ |
| 📇 Address | |
| 📞 telephone | |
YayPay is an accounts receivable automation software platform using AI and machine learning to automate payment communications and receive unpaid invoices.
Overview
YayPay is a NewYork-based company founded in 2015 by Anthony Venus, Eugene Vyborov, and Saul Frank. This company tracks invoices, checks their status, and provides service to remind clients about payment. The cloud-based service integrates with existing ERP solutions, allowing teams to collaborate and focus on activities and neglected clients. YayPay helps to locate old invoices and historical data in a central place. The startup eliminates tasks such as email reminders and creates an automated workflow for clients to receive emails days before a payment deadline. Yaypay platform enables online direct payments.[1][2]
Funding
YayPay raised $13.8 million in funding in a Series A round on December 13, 2018. YayPay raised $8.4 million in Series A funding from investors like Information Venture Partners.[3] Yaypay raised $5.3 million in funding from QED Investors, Fifth Third Capital, Birchmere, Gaingels, Zelkova, 500 Fintech Fund, and Aspect Ventures.[4] The Fintech startup raised $8.4 million for SaaS solutions focused on collecting outstanding invoices.
References
- ↑ Bannan, Karen (2019-04-29). "Tech Companies to Watch 2019: YayPay". CFO. Retrieved 2019-12-16.
- ↑ "YayPay introduces cash flow forecasts for accounts receivable". TechCrunch. Retrieved 2019-12-16.
- ↑ "YayPay raises $8.4 million for its accounts receivable service". TechCrunch. Retrieved 2019-12-16.
- ↑ "YayPay raises $5.3 million for its accounts receivable service". TechCrunch. Retrieved 2019-12-16.
External links
This article "YayPay" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:YayPay. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
