About payfy
payfy is a company based in Florianopolis (Brazil) founded in 2020. payfy has raised $1.09 million across 2 funding rounds from investors including Banco do Brasil. payfy operates in a competitive market with competitors including Brex, Sodexo, Clara, Flash Benefits and Caju, among others.
- Total Equity Funding$1.09M (USD)
in 2 rounds
- Latest Funding Round$790.9K (USD), Seed
Apr 2023
- Investors
Apps and channels of payfy
its YouTube channel payfy has 310 subscribers and 7 videos.
Videos from payfy
The most watched videos on payfy's YouTube channel, payfy (310 subscribers). Click a video to play it here.
More on payfy.
Funding Insights of payfy
payfy has successfully raised a total of $1.09M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $790.9 thousand completed in April 2023. 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 $1.09M
- Total Rounds 2
- Last Round Seed — $790,904
- First Round $302,781
(Jun 2021)
- Investors Count 1
All 2 funding rounds of payfy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2023 | $790,904 | Seed | – | Banco do Brasil | – |
| Jun 2021 | $302,781 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in payfy
payfy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Banco do Brasil.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking and financial services are provided in Brazil. | 1808 | bb.com.br | Brasilia, Brazil |
Investor details for payfy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Timeline of payfy
3 dated milestones of payfy across 3 years, from founding to its latest funding, stage changes and deals.
- Founded payfy is founded.
- Funding First funding round of $303K.
- Funding Latest funding round, Seed, of $791K.
Competitors of payfy
payfy 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 Brex, Sodexo, Clara, Flash Benefits and Caju, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| brex.com | 2017 | Draper, United States | $1.16B | – | SaaS-driven credit card and spend management solutions platform for businesses | |
| sodexo.com | 1966 | – | – | 423,000 | Employee benefits payment cards are provided via an online platform. | |
| claralabs.com | 2014 | San Francisco, United States | $11.75M | 21 | Meetings are scheduled using AI by adding Clara to emails. | |
| flashapp.com.br | 2018 | Sao Paulo, Brazil | $22M | – | Prepaid cards for corporate expenses and benefits | |
| caju.com.br | 2019 | Pinheiros, Brazil | $39.48M | – | Corporate cards and employee benefits are provided for companies. | |
| tryjeeves.com | 2019 | New York, United States | $268M | – | Payment and corporate financial cards are provided digitally by Jeeves. | |
| onze.com.br | 2020 | Sao Paulo, Brazil | $20M | – | Fintech platform for employee benefits management | |
| cashin.com.br | 2017 | Sao Paulo, Brazil | $1.33M | – | Payment platform for employee corporate expenses |
Detailed competitors of payfy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of payfy
The website of payfy (payfy.io) receives about 21.9K visits a month and ranks #1,110,076 among all websites worldwide, #2,470 in Online Marketing.
- Monthly visits21.9K
▼ 10.2% vs previous month
- Unique visitors13.7K
per month
- Global rank#1,110,076
among all websites
- Category rank#2,470
Business and Consumer Services · Online Marketing
- Bounce rate68%
- Pages per visit2.0
- Average visit1 min 26 sec
- DevicesDesktop 22% · Mobile 78%
Websites whose visitors overlap most with payfy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
unicopag.com | unicopag.com | 100% | – | #7,086,403 | – |
custoporkm.com | custoporkm.com | 27% | – | #5,517,463 | – |
Latest news on Payfy
Complete news archive for payfy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to payfy
10 companies that operate in the same segment as payfy (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about payfy
payfy was founded in 2020 and raised its 1st funding round 1 year after it was founded.
payfy is headquartered in Florianopolis, Brazil. It is registered at Florianopolis, Santa Catarina, Brazil.
payfy is a funded company, having raised a total of $1.09M across 2 funding rounds to date. The company's 1st funding round was a Seed of $302.78K, raised on Jun 2021.
Payfy was established in 2020 in Florianópolis, Brazil, within the fintech sector. Virtual corporate cards are provided to businesses, enabling digital payment solutions for expenses. Operations focus on streamlined card issuance and management through an online platform accessible via payfy.io. Services include secure, trackable transactions tailored for corporate use, supporting operations primarily in Brazil with potential for broader reach.
payfy has 1 investor. Key investors include Banco do Brasil.