Paid
Latest round
- Seed
Last raised
- Aug 2020
Total raised
- $3.7M
Investors
- 3
About Paid
Founded in 2018, Paid Ltd, headquartered in Darlington, UK, enhances business efficiency through its payment processing solutions.Paid Ltd specializes in streamlining payment processes for businesses through a comprehensive platform integrating various payment and financial management solutions. Core offerings include automated supplier onboarding, support for multiple payment methods, and real-time analytics designed to enhance efficiency in accounts payable and working capital management. The platform decentralizes payment approvals, ensuring compliance while significantly reducing onboarding times and manual errors.Paid Ltd generates revenue from transaction fees related to its payment processing services and subscription fees for its platform. Transactions typically involve B2B engagements where suppliers receive payments through various methods, including bank transfers and virtual cards. The company implements a tiered pricing model aligned with transaction volume, incentivizing larger clients. The company aims to introduce new products that will enhance payment processing capabilities, with a focus on increasing efficiency and compliance in financial transactions.
Who invested in Paid
3 investors across 1 round
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Funding rounds
Seed
Aug 26, 2020
Amount
$3.7M
Investors
Questions about Paid
Who invested in Paid?
Paid has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Paid raised?
Paid has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Paid last raise money?
Paid's most recent round on record is a Seed, in Aug 2020.
What does Paid do?
Founded in 2018, Paid Ltd, headquartered in Darlington, UK, enhances business efficiency through its payment processing solutions.
Where is Paid headquartered?
Paid is headquartered in Darlington, UK.
Which VCs invest in companies like Paid?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at Paid's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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