# SlimPay

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/slimpay

- Industry: Software
- Headquarters: Paris, France
- Website: www.slimpay.net
- Total disclosed funding: $17M
- Latest round: Series B (Sep 7, 2015)
- Investors on record: 1

## About

SlimPay is a payment solutions provider that automates subscription management and billing processes, helping businesses ensure timely payments and manage recurring revenue effectively.Founded in 2010 and headquartered in Paris, France, SlimPay specializes in automated payment solutions for subscription-based services. The company has secured a total of 7 deals with its most recent deal occurring on August 29, 2023, where it raised EUR 70.000 mn through an Add-on, Trade Sale led by Trustly Group AB. CEO Jerome Traisnel has been pivotal in guiding the company's growth since its inception.SlimPay offers a payment platform that streamlines the management of recurring payments and customer relationships for businesses across various sectors. Its solutions are particularly beneficial for online retailers and SaaS providers, focusing on enhancing cash flow management and providing valuable analytics to optimize business operations.In 2022, SlimPay reported a revenue of EUR 11,905,398.40 with an EBITDA of EUR -676,691.70. The company generates revenue through a subscription-based model, which includes fixed monthly fees and variable transaction fees based on payment volumes processed.Following the acquisition by Trustly Group AB in August 2023, SlimPay aims to enhance its payment capabilities and expand its offerings. The funding will support the development of new products and facilitate entry into new markets, particularly targeting further growth in Western Europe. The acquisition is expected to significantly strengthen SlimPay's position in the payment solutions sector.

## Funding rounds

- Series B, Sep 7, 2015, $17M — Prime Ventures

## Investors

- Prime Ventures — Series B