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Overview
PayMate provides business-to-business payment automation using commercial cards. Its platform digitises supplier payments, approvals and reconciliation. The company operates across India, the Middle East and other markets.
News
Visa-backed PayMate withholds, delays salaries since April amid cash crunch
B2B payments company PayMate has delayed full salary payments since April as it grapples with a cash crunch linked to aggressive global expansion and regulatory headwinds in India.
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PayMate and DigiAsia Corp Strengthen Strategic Alliance Ahead of Proposed Acquisition
Mumbai, India and Singapore, Singapore--- PayMate India Ltd., a leading B2B payments platform, and DigiAsia Corp, Southeast Asia's Fintech-as-a-Service innovator, announced a strategic partnership to accelerate alignment ahead of PayMate's proposed acquis
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IPO-Bound PayMate's FY22 Net Loss Jumps Over 2X YoY To INR 57.7 Cr
A sharp rise in expenses, led by increase in cost of services, hurt PayMate's bottom line in FY22. Its net loss stood at INR 57.7 Cr in FY22
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