Tech Company Financing Transactions
PayEm Funding Round
PayEm, operating out of San Francisco, secured $220 million in funding from Collaborative Fund, MUFG Bank and Viola Credit.
Transaction Overview
Company Name
Announced On
1/24/2023
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$220,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to accelerate its growth.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
3739 Balboa Street #5044
San Francisco, CA 94121
USA
San Francisco, CA 94121
USA
Phone
Undisclosed
Website
Email Address
Overview
PayEm helps finance and procurement teams drive business growth with one platform that brings compliance & control to your finance processes, boosting efficiency, savings, and accountability. PayEm is the end-to-end finance operating system that uses technology to offer control, transparency, and automation. Our platform captures requests, customizes approval flows, matches invoices, creates bills, schedules and sends payments to anywhere in the world, in any currency, auto-categorizes and syncs with your ERP; it even automates amortizations. ?We automate tedious tasks, reduce friction and frustration, to give finance teams precious time to focus on the big picture with real-time visibility by department, team, employee, subsidiary, or vendor in reporting and automation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Itamar Jobani
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