About Paygency
Paygency is a company based in London (United Kingdom) founded in 2017. It operates as a Marketplace, and Affiliate. Paygency offers products and services including Freelance Platform, Online Timesheet, Payment System, and Affiliates Program. Paygency operates in a competitive market with competitors including Wave, FreshBooks, Collective, Workwell and Indy, among others.
- Headquarter London, United Kingdom
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Business Services
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Products & Services of Paygency
Paygency offers a comprehensive portfolio of products and services, including Freelance Platform, Online Timesheet, Payment System, and Affiliates Program. 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.
Platform for connecting freelancers and principals for job assignments
Tool for submitting and confirming work specifications online
System for multi-currency payments and invoicing
Program for earning commissions by referring clients
Funding Insights of Paygency
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Paygency
| 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 - Paygency
| 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 |
Paygency Comparisons
Competitors of Paygency
Paygency 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 Wave, FreshBooks, Collective, Workwell and Indy, 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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Web-based accounting software is offered for business use.
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| domain | founded_year | HQ Location |
Cloud-based invoicing and accounting software is offered for businesses.
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| domain | founded_year | HQ Location |
Cloud-based back-office platform for self-employed and businesses is offered.
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| domain | founded_year | HQ Location |
Accounting and payroll management solutions for contractors and freelancers
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| domain | founded_year | HQ Location |
Cloud-based accounting software is provided for freelancers' financial management.
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| domain | founded_year | HQ Location |
Cloud-based accounting software is provided for business management.
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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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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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Frequently Asked Questions about Paygency
When was Paygency founded?
Paygency was founded in 2017.
Where is Paygency located?
Paygency is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
What does Paygency do?
PAYGENCY operates as an online platform that links freelancers with principals for global part-time work. It simplifies processes by allowing users to submit and confirm work specifications online, handle multi-currency payments, and manage timesheets. The service reduces administrative barriers, offers tax benefits, and charges fees only on billed work, primarily benefiting freelancers with free registration and principals with low costs. It functions internationally without a specified base location.
Who are the top competitors of Paygency?
Paygency's top competitors include FreshBooks, Wave and Indy.
What products or services does Paygency offer?
Paygency offers Freelance Platform, Online Timesheet, Payment System, and Affiliates Program.