Payment Assist

Melton Mowbray, United Kingdom Founded: 2017 • Age: 9 yrs Acquired By Manx Financial Group
Online platform that provides car repair financing services
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About Payment Assist

Payment Assist is a company based in Melton Mowbray (United Kingdom) founded in 2017 was acquired by Manx Financial Group in September 2022.. The company has 31 employees as of December 31, 2021. Payment Assist offers products and services including Interest-Free Finance Plan and Merchant Network.

  • Headquarter Melton Mowbray, United Kingdom
  • Employees 31 as on 31 Dec, 2021
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Payment Assist Ltd
  • Date of Incorporation 29 Oct, 2013
  • Jurisdiction MELTON MOWBRAY, LEICESTERSHIRE, ENGLAND
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Financial Services → FinTech & Digital Finance
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    31

    as on Dec 31, 2021

  • Acquired by
    Manx Financial Group

    & 1 more

    (Sep 21, 2022)

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Products & Services of Payment Assist

Payment Assist offers a comprehensive portfolio of products and services, including Interest-Free Finance Plan and Merchant Network. 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.

Primary

Enables users to spread bill payments without interest or fees.

Allows businesses to offer payment plans to customers.

Funding Insights of Payment Assist

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Payment Assist

Payment Assist has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Manx Financial Group and Pay.com.au. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Wealth management services are provided to clients internationally.
Founded Year Domain Location
Purchase financing is enabled for online and offline merchant buys.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Payment Assist

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Payment Assist

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Payment Assist Comparisons

Employees
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Competitors of Payment Assist

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Payment Assist

Frequently Asked Questions about Payment Assist

When was Payment Assist founded?

Payment Assist was founded in 2017.

Where is Payment Assist located?

Payment Assist is headquartered in Melton Mowbray, United Kingdom. It is registered at Melton Mowbray, England, United Kingdom.

How many employees does Payment Assist have?

As of Dec 31, 2021, the latest employee count at Payment Assist is 31.

What does Payment Assist do?

Payment Assist was founded in 2017 and is based in Melton Mowbray, United Kingdom. The company operates in the auto repair financing sector, where an online platform is utilized by vehicle owners to locate auto garages, schedule repair and servicing appointments, and distribute repair costs across installment payments. This service supports access to automotive maintenance without immediate full payment.

What products or services does Payment Assist offer?

Payment Assist offers Interest-Free Finance Plan and Merchant Network.

Who are Payment Assist's investors?

Payment Assist has 2 investors. Key investors include Manx Financial Group, and Pay.com.au.

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