About Payen
Payen is a company based in London (United Kingdom) founded in 2010 by Alexander MacAngus and Richard Smith was acquired by Souter Investments in November 2018. Payen has raised $15.45 million across 5 funding rounds from investors including Magenta Partners and Souter Investments. The company has 24 employees as of March 31, 2022. Payen offers products and services including Payen Platform and pinPay. Payen operates in a competitive market with competitors including Stripe, Square, Flutterwave, PayU and Mollie, among others.
- Headquarter London, United Kingdom
- Employees 24 as on 31 Mar, 2022
- Founders Alexander MacAngus, Richard Smith
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Sectors
Financial Services
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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 Payen Limited
- Date of Incorporation 03 Nov, 2010
- Jurisdiction LONDON
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Annual Revenue
$19.6 M (USD)40as on Mar 31, 2018
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Net Profit
-$364.62 K (USD)-151as on Mar 31, 2018
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EBITDA
-$476.08 K (USD)-185as on Mar 31, 2018
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Total Equity Funding
$15.45 M (USD)
in 5 rounds
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Latest Funding Round
Not available
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Investors
Magenta Partners
& 1 more
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Employee Count
24
as on Mar 31, 2022
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Acquired by
Souter Investments
(Nov 01, 2018)
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Products & Services of Payen
Payen offers a comprehensive portfolio of products and services, including Payen Platform and pinPay.
Secure platform for digital payments and cross-border transactions.
Service for simplified and compliant payment processing.
People of Payen
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Leadership Team
2 people
Data Analysis and Operations Team
1 people
Software Development Team
1 people
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Funding Insights of Payen
Payen has successfully raised a total of $15.45M across 5 strategic funding rounds. 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.
Investors in Payen
Payen has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Magenta Partners and Souter Investments.
| Investor | Description | Founded Year | Domain | Location |
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Magenta Partners is engaged in providing equity investments for growth businesses.
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Souter Investments is engaged in private equity investments.
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Investor details for Payen
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Payen
Investment portfolio details for Payen
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Financial Statements - Payen
Detailed financials for Payen
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- Profit trends
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Payen Comparisons
Peer comparison for Payen
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Competitors of Payen
Payen 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 Stripe, Square, Flutterwave, PayU and Mollie, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Payment processing and card issuance solutions are provided for businesses.
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POS solutions are provided for retail businesses.
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Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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Online payment solutions are provided for businesses via API.
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Autonomous finance and payment solutions are provided to businesses.
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Detailed competitors of Payen
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Latest news on Payen
Complete news archive for Payen
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Frequently Asked Questions about Payen
Payen was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Payen is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Alexander MacAngus is the current CEO of Payen. They have also founded this company.
Payen is a funded company, having raised a total of $15.45M across 5 funding rounds to date.
As of Mar 31, 2022, the latest employee count at Payen is 24.
Annual revenue of Payen is $19.6M as on Mar 31, 2018.
Payen provides a digital payment solution for businesses. It enables merchants to accept payments from VISA, Mastercard, Skrill, CUP, PayPal, etc. Features multi-currency payments, hosted payment page, payment transfers, overseas payment processing, reduction in the number of transactions abandoned.
Payen's top competitors include Stripe, PayU and Flutterwave.
Payen offers Payen Platform and pinPay.
Payen has 2 investors. Key investors include Magenta Partners, and Souter Investments.