About Centime
Centime is a company based in Boston (United States) founded in 2021. It operates as a SaaS, and B2B. Centime offers products and services including Accounts Payable, Accounts Receivable, Expense Management, and Business Banking. Centime operates in a competitive market with competitors including Qonto, Melio, Lili, Azets and Settle, among others.
- Headquarter Boston, United States
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Centime Technology India Private Limited
- Date of Incorporation 19 Oct, 2019
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
$3.33 M (USD)22.38as on Mar 31, 2023
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Net Profit
$308.63 K (USD)18.74as on Mar 31, 2023
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EBITDA
$505.06 K (USD)26.04as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Centime
Centime offers a comprehensive portfolio of products and services, including Accounts Payable, Accounts Receivable, Expense Management, and Business Banking. 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.
Automates invoice capture, approvals, and payments to streamline payables processes.
Facilitates invoice delivery, collections, and cash application for faster payments.
Tracks and approves expenses with mobile integration and policy enforcement.
Offers account aggregation and high-yield options for cash flow optimization.
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Software Development Team
22 people
Operations Team
5 people
Product Management Team
4 people
Associate Team
4 people
Leadership Team
4 people
Customer Team
3 people
Human Resources and Administration
2 people
DevOps Team
2 people
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Funding Insights of Centime
| 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 |
Investments & Acquisitions by Centime
| 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 - Centime
| 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 |
Centime Comparisons
Competitors of Centime
Centime 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 Qonto, Melio, Lili, Azets and Settle, 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 |
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Subscription-based online banking is offered to SMEs and freelancers.
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Blood-based pathogen detection devices are manufactured for healthcare applications.
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Digital banking services are offered to freelancers.
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Online accounting, tax, and audit management services for small businesses
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| domain | founded_year | HQ Location |
Cloud-based cash flow management is provided for payers and vendors.
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| domain | founded_year | HQ Location |
AI and cloud-enabled source-to-pay automation solutions are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 Centime
Frequently Asked Questions about Centime
When was Centime founded?
Centime was founded in 2021.
Where is Centime located?
Centime is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
What is the annual revenue of Centime?
Annual revenue of Centime is $3.33M as on Mar 31, 2023.
What does Centime do?
Centime is a financial technology company that offers software solutions to automate financial operations, including accounts payable, accounts receivable, expense tracking, and business banking. It integrates with ERPs like QuickBooks and NetSuite to streamline invoice processing, collections, payments, and cash flow management. The platform uses AI for efficient data capture and workflow automation, helping businesses reduce manual tasks and improve financial visibility. Services are delivered through a user-friendly interface, enhancing efficiency for mid-market firms without specifying a primary location.
What products or services does Centime offer?
Centime offers Accounts Payable, Accounts Receivable, Expense Management, and Business Banking.