PayMe

Company Overview

Snapshot

Founded in February 2014 by Adam Kima and Adam Kogan, PayMe operates with 51–200 employees. The company has secured $150K in total capital across two funding rounds from Prytek Ventures. In November 2017, PayMe received funding from Prytek Ventures.

Business overview

PayMe develops a white-label payments platform designed for banks, acquirers, financial institutions, marketplaces, and merchant-facing platforms globally. Its technology enables partners to offer comprehensive payment solutions, including major and alternative payment methods, along with services to optimize their businesses. The company operates within the Fintech & Insurtech sector, serving enterprise and professional services, SMBs, service providers, financial institutions, banks, and e-commerce platforms.

Strategic signal

In June 2021, PayMe was highlighted for discreetly powering an SMB revolution, indicating its growing impact on small and medium-sized businesses. This suggests the company's white-label platform is gaining traction in enabling financial institutions to better serve the SMB market, signaling strong product-market fit and potential for continued expansion in this segment.

Company Intelligence Q&A

When was PayMe founded and by whom?

PayMe was founded in February 2014 by co-founders Adam Kima and Adam Kogan.

What is PayMe's primary business model?

PayMe operates on a B2B business model, providing its white-label payments platform to other businesses like banks and financial institutions.

What was a key strategic focus for PayMe in June 2021?

In June 2021, PayMe was noted for discreetly powering an SMB revolution, indicating its platform's significant role in supporting small and medium-sized businesses.

What is the primary sector PayMe operates in?

PayMe's primary sector is Fintech & Insurtech, focusing on payment solutions and financial technology.