Payme

Wetherby, United Kingdom Founded: 2011 • Age: 15 yrs Acquired By IPE Ventures
Payroll management services are provided to UK businesses efficiently.
Annual revenue $69.8M Latest available
Total funding - Funding intelligence
Employees 1023 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Payme

Payme is a company based in Wetherby (United Kingdom) founded in 2011 was acquired by IPE Ventures in June 2018. It operates as a Managed Services. The company has 1,023 employees as of March 31, 2020. Payme offers products and services including Umbrella PAYE, CIS Payroll, and PEO Payroll. Payme operates in a competitive market with competitors including Azets, XTM, Wage, Resourcing Edge and InfoSync, among others.

  • Headquarter Wetherby, United Kingdom
  • Employees 1023 as on 31 Mar, 2020
  • Sectors
    Business Services
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Payme Ltd
  • Date of Incorporation 09 Sep, 2011
  • Jurisdiction WETHERBY, ENGLAND
Operational Areas
Business Services → Workforce & Human Resource Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $69.84 M (USD)
    34
    as on Mar 31, 2021
  • Net Profit
    $382.45 K (USD)
    12899
    as on Mar 31, 2021
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    1023

    as on Mar 31, 2020

  • Acquired by
    IPE Ventures

    (Jun 01, 2018)

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Products & Services of Payme

Payme offers a comprehensive portfolio of products and services, including Umbrella PAYE, CIS Payroll, and PEO Payroll.

Product name locked
Category locked
Primary

Payroll services are provided for contractors' peace of mind.

Product name locked
Category locked
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CIS payroll services are offered for eligible contractors.

Product name locked
Category locked
Locked

PEO services are designed for agencies' payroll needs.

Funding Insights of Payme

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Detailed funding history for Payme

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Investors in Payme

Payme has secured backing from 1 investor. Prominent investors backing the company include IPE Ventures.

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Investor Description Founded Year Domain Location
IPE Ventures is focused on investment in recruitment and payroll sectors.
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Investor details for Payme

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Investments & Acquisitions by Payme

Investments
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Investment portfolio details for Payme

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Financial Statements - Payme

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Detailed financials for Payme

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Payme Comparisons

Payme Primary company
Description
Payroll management services are provided to UK businesses ef...
Location
Wetherby, United Kingdom
Founded Year
2011
Annual Revenue
$69.84 M (USD)
Net Profit
$382.45 K (USD)
EBITDA
Not available
Employees
1,023
As of 2020
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Peer comparison for Payme

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of Payme

Payme 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 Azets, XTM, Wage, Resourcing Edge and InfoSync, among others.

Company Name Domain Founded year HQ Location Description
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Online accounting, tax, and audit management services for small businesses
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On-demand payment solutions are provided for service industry businesses.
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Payroll management services are provided to businesses.
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Human capital management solutions are delivered to enterprises.
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Accounting, payroll, and reporting services for restaurants are provided.
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Functions as an online firm providing payroll and HR services.
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Detailed competitors of Payme

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Latest news on Payme

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Complete news archive for Payme

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Frequently Asked Questions about Payme

Payme was founded in 2011.

Payme is headquartered in Wetherby, United Kingdom. It is registered at Wetherby, West Yorkshire, United Kingdom.

As of Mar 31, 2020, the latest employee count at Payme is 1,023.

Annual revenue of Payme is $69.84M as on Mar 31, 2021.

Payroll and contracting solutions are offered by Payme to support contractors and recruitment agencies. Services including Umbrella PAYE, CIS Payroll, and PEO Payroll are designed to ensure compliance with legislation. The focus is placed on maximizing contractor income and minimizing agency workload. A commitment to high-quality customer service is maintained across all offerings. Operations are centered in the business services sector, specifically targeting payroll needs for flexible employment arrangements.

Payme's top competitors include Azets, XTM and InfoSync.

Payme offers Umbrella PAYE, CIS Payroll, and PEO Payroll.

Payme has 1 investor. Key investors include IPE Ventures.

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