About Paymo
Paymo is a company based in San Francisco (United States) founded in 2007 was acquired by Boku in June 2009.. Paymo has raised $5 million across 1 funding round from investors including Boku. Paymo operates in a competitive market with competitors including Boku, TriumphPay, Zong, Zamano and Billtomobile, among others.
- Headquarter San Francisco, United States
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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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Funding Insights of Paymo
Paymo has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Seed round of $5 million completed in August 2008. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $5.0M
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First Round
First Round
(01 Aug 2008)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2008 | Amount | Seed - Paymo | Valuation |
investors |
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| 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 |
Investors in Paymo
Paymo has secured backing from 1 investor. Prominent investors backing the company include Boku. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of a global mobile payment network
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Paymo
| 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 - Paymo
| 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 |
Paymo Comparisons
Competitors of Paymo
Paymo 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 Boku, TriumphPay, Zong, Zamano and Billtomobile, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of a global mobile payment network
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| domain | founded_year | HQ Location |
Offers a payment processing platform for the logistics industry.
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| domain | founded_year | HQ Location |
Micropayments for virtual goods are facilitated via carrier billing.
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| domain | founded_year | HQ Location |
Fluoropolymer coatings, linings, and chemical processing equipment are provided.
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| domain | founded_year | HQ Location |
Mobile business solutions for carrier billing and payments are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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 Paymo
When was Paymo founded?
Paymo was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Paymo located?
Paymo is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Paymo a funded company?
Paymo is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Seed of $5M, raised on Aug 01, 2008.
What does Paymo do?
Manufacturer of spherical roller and other bearings. This company specializes in the manufacturing of spherical roller bearings, along with cylindrical roller bearings, angular contact ball bearings, and other bearing types. They offer custom-made bearing configurations to meet specific application requirements. The companys manufacturing process utilizes modern methods, and they provide technical support to ensure customer satisfaction. A focus on short delivery times is a key aspect of their business model.
Who are Paymo's investors?
Paymo has 1 investor. Key investors include Boku.
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