Payletter
Latest round
- Series A
Last raised
- Jun 2019
Total raised
- $2.5M
Investors
- 1
About Payletter
Based in South Korea, Payletter Inc. operates as a technology-driven company that provides innovative billing and payment solutions to enhance online business transactions. Payletter Inc. specializes in billing and payment technology solutions designed to optimize internet business operations. The CEO of Payletter Inc. is Sung-woo Lee. Payletter Inc. specializes in billing and payment technology solutions designed to enhance internet business operations. Its core products include the BillOneQ billing solution and PayOneQ electronic payment services, which streamline transaction processes for a variety of clients, including e-commerce platforms, digital content providers, and service-oriented businesses. These products are aimed at simplifying payment processing and billing management for a diverse clientele, ranging from startups to established enterprises, primarily in South Korea while also serving international markets. Payletter Inc. generates revenue through its various billing and payment service offerings, structured primarily around transaction fees and service subscriptions. Clients engage through a subscription-based model for the billing solutions, while electronic payment transactions incur fees based on processed transaction volumes. For the year 2024, Payletter Inc. reported a revenue of KRW 139,097,291,000. plans to develop and launch new products aimed at enhancing their service offerings, with specific details expected in the upcoming quarters. The company is also targeting expansion into international markets, focusing on regions that complement its existing customer base, with efforts anticipated to ramp up by 2025.
Who invested in Payletter
1 investor across 1 round
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Funding rounds
Series A
Jun 1, 2019
Amount
$2.5M
Investors
Questions about Payletter
Who invested in Payletter?
Payletter has 1 investor 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 Payletter raised?
Payletter has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Payletter last raise money?
Payletter's most recent round on record is a Series A, in Jun 2019.
What does Payletter do?
Based in South Korea, Payletter Inc.
Where is Payletter headquartered?
Payletter is headquartered in Seoul, South Korea.
Which VCs invest in companies like Payletter?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Payletter's stage. Their profiles are linked below.
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