About AccessPay
AccessPay is a company based in Manchester (United Kingdom) founded in 2012.. AccessPay has raised $44.42 million across 10 funding rounds from investors including Mastercard, NatWest and Clydesdale Bank. AccessPay offers products and services including Account Name Verification, Bank Connectivity, Cash Management, and Payments Automation. AccessPay operates in a competitive market with competitors including Feedzai, BioCatch, GBG, Transmit Security and Mitek, among others.
- Headquarter Manchester, United Kingdom
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Sectors
TechnologyFinancial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Access Systems (Uk) Limited
- Date of Incorporation 17 Apr, 2012
- Jurisdiction MANCHESTER
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Annual Revenue
$527.04 K (USD)-44.67as on Mar 31, 2017
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Net Profit
$14.1 K (USD)5.63as on Mar 31, 2017
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EBITDA
$24.07 K (USD)-49.24as on Mar 31, 2017
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Total Equity Funding
$44.42 M (USD)
in 10 rounds
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Latest Funding Round
$444.39 K (USD), Series B
Jun 19, 2024
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Investors
Mastercard
& 8 more
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Employee Count
Employee Count
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Products & Services of AccessPay
AccessPay offers a comprehensive portfolio of products and services, including Account Name Verification, Bank Connectivity, Cash Management, and Payments Automation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Verifies bank accounts to reduce fraud and payment errors.
Connects systems with banks for seamless finance operations.
Automates cash flow visibility and optimization for businesses.
Automates incoming and outgoing transactions securely.
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Funding Insights of AccessPay
AccessPay has successfully raised a total of $44.42M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $444.39 thousand completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series B — $444,388
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First Round
First Round
(14 May 2013)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series B - AccessPay | Valuation |
investors |
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| Feb, 2024 | Amount | Debt – Conventional - AccessPay | Valuation |
investors |
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| Feb, 2024 | Amount | Series B - AccessPay | Valuation | NatWest , True Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AccessPay
AccessPay has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Mastercard, NatWest and Clydesdale Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Venture capital firm supporting AI founders through investments and community.
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Founded Year | Domain | Location | |
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Venture capital funding is provided by Praetura Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AccessPay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AccessPay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Accesspay Comparisons
Competitors of AccessPay
AccessPay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Feedzai, BioCatch, GBG, Transmit Security and Mitek, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based big data and fraud prevention solutions are offered.
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| domain | founded_year | HQ Location |
Provider of behavioral biometrics cybersecurity solutions
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| domain | founded_year | HQ Location |
Fraud prevention solutions are provided by GBG platform to businesses.
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| domain | founded_year | HQ Location |
Customer identity management and fraud prevention solutions are provided.
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| domain | founded_year | HQ Location |
AI-based identity verification solutions are provided for various sectors.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Accesspay
Frequently Asked Questions about AccessPay
When was AccessPay founded?
AccessPay was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is AccessPay located?
AccessPay is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Is AccessPay a funded company?
AccessPay is a funded company, having raised a total of $44.42M across 10 funding rounds to date.
What is the annual revenue of AccessPay?
Annual revenue of AccessPay is $527.04K as on Mar 31, 2017.
What does AccessPay do?
AccessPay was founded in 2012 in Manchester, United Kingdom, and operates in the fintech sector. Cloud-based platforms are utilized to deliver payment automation and cash management services to businesses. Key offerings include fraud prevention tools, compliance management systems, and BACS-approved software. Operations focus on streamlining financial processes while ensuring regulatory adherence across various enterprise needs.
Who are the top competitors of AccessPay?
What products or services does AccessPay offer?
AccessPay offers Account Name Verification, Bank Connectivity, Cash Management, and Payments Automation.
Who are AccessPay's investors?
AccessPay has 9 investors. Key investors include Mastercard, NatWest, Clydesdale Bank, Praetura Investments, and True Ventures.
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