Volopay.co Pte.

co Pte. Ltd. specializes in financial technology solutions. The company was co-founded by Rajesh Raikwar and Rajith Shaji, who serves as CEO.Volopay offers a suite of financial technology solutions designed to streamline expense management and payment processes for businesses. Their core product is a multi-currency corporate card system, which enables organizations to manage and control spending in real-time, thereby enhancing financial oversight and compliance. In addition to corporate cards, Volopay provides automated expense reporting, allowing users to easily track and categorize expenses as they occur, which is particularly beneficial for teams that travel frequently or incur variable costs. The platform serves a diverse client base that includes small to medium-sized enterprises across various sectors, primarily in markets such as Southeast Asia and Australia.In the most recent financial year of 2021, Volopay reported a revenue of USD 661,853 and an EBITDA of USD -795,193.25 mn in March 2022, Volopay plans to utilize the capital to develop new technologies that will enhance its existing product offerings and improve integration. The company is also targeting expansion into new markets, particularly in Southeast Asia and Australia, to increase its reach by 2023. These growth strategies are aligned with Volopay's objective to enhance its service capabilities and further establish its presence in the fintech sector.

1. Series A

   Mar 22, 2022

   Amount

   $11M

   Investors

   Locked

2. Seed

   Jan 19, 2021

   Amount

   $2.1M

   Investors

   Locked

3. Seed

   Oct 20, 2020

   Amount

   Undisclosed

   Investors

   Locked