SaaS startups have become the darling of Venture Capital investors, especially in the Payments industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 20 VC funded SaaS startups in the Payments industry.
Ben is a one-stop employee benefits platform that allows any business to customize benefits and rewards. Our trick? combining a contemporary software (SaaS) platform, individual Mastercards for each employee, and financial infrastructure. This is how Ben saves you time and money while adding employee choice to your already existing benefits and enabling access to thousands of more alternatives with Ben Card.
A SaaS platform for company administration serves as the foundation of Booksy, a marketplace for locating, booking, and managing appointments in the beauty industry. Through the use of everyone's favorite indispensable accessory—their mobile phone—it establishes a handy and simple link between clients and their health and beauty professionals. By enabling access to their constantly updated appointment books at any time of the day or night, Booksy enables company owners to digitally manage their appointments, customer database, and ultimately their valuable time. Beauty customers may book and pay directly from Instagram, Facebook, Google, Yelp, or their Booksy app, and they have access to services, price, and availability whenever and wherever they choose. California's San Francisco is the home of Booksy, which was established in 2013.
A loan management system for BHPH dealers is called Carpay. They are able to better manage their portfolio since it gives their customers a variety of payment alternatives, automates all reminders to their customers, and provides the dealers with a set of tools to keep their loans operating. The business was established in 2016 and has its corporate office in Venice, California.
The Divvy program removes the bother of expense reporting while giving customers total control and real-time visibility into business spending. Businesses can handle payments and subscriptions, create strategic budgets, and do away with expense reports using the secure financial platform Divvy. Every business transaction is integrated with real-time tracking by Divvy, giving enterprises immediate visibility into their spending. With Divvy, you can manage your cash flow effectively, stop losses in their tracks, and stop saving receipts altogether. The business is headquartered in Lehi, Utah, and was established in 2016.
Encuadrado offers a platform for booking appointments, processing payments, and sending invoices. The business was founded in 2019 and has its corporate headquarters in Santiago, Chile.
Customers of Evina SaaS solutions can stop advertisements and fraudulent transactions.
The fastest-growing SaaS startup in India, Khatabook provides safe and secure business and financial solutions to help micro, small, and medium-sized enterprises operate more efficiently and at lower costs. The business landscape in India has changed as a result of this industry's recognition, and the firm received the "Best Innovative Mobile App" 2020 award at the India Digital Awards in February 2020. Today, Khatabook has more than 20 million registered users and is available in more than 11 languages.
Libeo is a special tool for gathering, managing, and paying all of your supplier bills. In one click and without IBAN. We are reimagining how businesses interact with their partners and make payments. No more hours wasted manually inputting invoices, responding to irate supplier email reminders, or accruing late payment penalties. * Payment of supplier bills with a single click of the IBAN; automated invoice input; bulk or individual uploads; and Work in teams: customized approval processes, mobile alerts. Consolidated financial indicators that show your finances in real time. The Ile-de-France Ordre des Experts-Comptables, the Banque Postale, the Société Générale, the French Tech, Wilco, Finance Innovation, and BNP Paribas all sponsor Libeo.
We provide brick and mortar stores with complete sales transparency, from the first moment of customer interaction to the point of purchase, using simple solutions that boost revenue, boost customer engagement, and boost employee productivity. With the help of a smartphone app with the brand of the merchant, a web site for the merchant, point-of-sale connections, and a secure infrastructure for transaction processing, our offering unifies mobile payments, order ahead, and loyalty. The platform enables any retailer to emulate the achievements of initiatives such as the Starbucks mobile payment app, utilizing the power and reach of mobile to expand their business, but at a fraction of the price and without the need for years of testing and iteration.
We take great pride in having developed the industry's leading no-code pricing and billing solution. Even in the most complicated situations, our customers may easily automate repetitive financial operations and monetize their goods and services. No expensive bespoke development or difficult onboarding is necessary.
Onvi is a cutting-edge point-of-sale system created to assist ambitious hospitality companies in accepting more orders and payments across all channels. The finest in online ordering, a fully integrated order management system for delivery, and the deep insights to assist operators transform their passion into profit are all provided by Onvi to fuel hospitality enterprises.
PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of the number of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
Purchasely is the only In-App Subscription SaaS platform from build to interface, compliant with mobile, TV and Apps Stores guidelines. Purchasely gives Marketers full control and ease to increase and retain cross-channel subscribers — in days instead of weeks. Subscription platform, In-App Purchases, App Marketing, Monetization, Lifecycle
The subscription data platform for mobile-first companies. Cross-platform subscription infrastructure, revenue analytics, engagement automation, and integrations all in one place to help you grow your app faster.
Rivia Health brings easeful efficiency to healthcare patient payments. We work with healthcare provider organizations to complement their revenue cycle operations and get them paid more while doing less. Rivia Health alleviates staff overwhelm by reducing manual tasks related to outstanding patient responsibility. Our communication and payment platform integrates with the practice management or RCM system to automate billing workflows like appointment and billing reminders, copay or pre-service payments, and payment plan setup. In addition to saving staff time, Rivia Health also improves financial results by communicating more dynamically to patients about balances across text and email and by making it easier for patients to pay across multiple payment methods with a 3-step, no login required process.
The SEMINE.AI cognitive services offers shared service centers in enterprices and their developers to standardize the most labor-intensive financial object, using a semantic model for the classification of the invoice, and populate AI-models in order to enable automation. The automation includes cost distribution at both GL and dimension levels. Positioned as the market leader with AI in accounts payable the company is experiencing vast growth in the Nordics where most of the AP market leaders are born (Basware, Medius and Visma)
A SaaS ecommerce platform called Sky.Garden makes it simple for African businesses to sell products. By enabling inventory control and fast payment reconciliation on an automated platform with built-in local shipping and payment options, Sky.Garden restores control to the individual shop.
With 100% visibility and integrated automation, Spendesk is intended to reduce time and costs across the whole spending process. Businesses that utilize Spendesk ultimately provide finance teams more time to devote to strategic issues that will help the company thrive. Since its founding in 2016, Spendesk has gained the trust of thousands of companies, including well-known names like Algolia, Soundcloud, Curve, Doctolib, Gousto, Raisin, Sezane, and Wefox. With more than 7,000 members, CFO Connect, which is supported by Spendesk, is the fastest-growing worldwide network of financial executives.
Stargo, a privately held firm founded in 2010, seeks to change the freight forwarding and supply chain sectors by automating and improving routing and pricing in real-time in a matter of seconds. We provide dynamic optimized pricing and guaranteed payment (through a global banking network) using our Decision Support System (DSS), which has extensive artificial intelligence capabilities. This increases the effectiveness of the cargo shipping quote generation process and eliminates negative working capital on successful quotes. We employ our own big data, machine learning, and optimization algorithms running in the cloud to quickly adjust pricing from tens of thousands of international airlines. The only way to comprehend the time-consuming and labor-intensive traditional pricing procedures is through our artificial intelligence engine. Our goal is to see the freight forwarding, shipping, and logistics sectors undergo a digital transformation that will significantly increase their efficacy, profitability, dependability, and robustness.
Upflow is the software company revolutionizing how B2B businesses get paid. The platform help companies manage their unpaid invoices and improve their cash collection by using the company's SaaS-based payment platform. Alexandre Louisy and Barnaby Malet started the company in 2018.