About Paypa Plane
Paypa Plane is a company based in Ashgrove (Australia) founded in 2017.. Paypa Plane has raised $10 million across 2 funding rounds from investors including Mastercard, CommBank and Tyro. Paypa Plane offers products and services including Smart Payment Agreements. Paypa Plane operates in a competitive market with competitors including Earthport, Vitesse, Buckzy, EMQ and BLIK, among others.
- Headquarter Ashgrove, Australia
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Paypa Plane Australia
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$10 M (USD)
in 2 rounds
-
Latest Funding Round
$10 M (USD), Series A
Mar 27, 2023
-
Investors
Mastercard
& 5 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Paypa Plane
Paypa Plane offers a comprehensive portfolio of products and services, including Smart Payment Agreements. 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.
System for automated recurring payments with verification and security features
Unlock access to complete
Funding Insights of Paypa Plane
Paypa Plane has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in March 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 Total Funding
- Total Rounds 2
- Last Round Series A — $10.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series A - Paypa Plane | Valuation | QIC | |
| Feb, 2022 | Amount | Seed - Paypa Plane | Valuation |
investors |
| 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 |
Investors in Paypa Plane
Paypa Plane has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Mastercard, CommBank and Tyro. 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 |
|---|---|---|---|---|
|
Sprint Ventures is engaged in early and growth-stage venture capital investments.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Cuscal offers payments solutions, real-time payments, and data services in Australia.
|
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 Paypa Plane
| 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 - Paypa Plane
| 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 |
Paypa Plane Comparisons
Competitors of Paypa Plane
Paypa Plane 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 Earthport, Vitesse, Buckzy, EMQ and BLIK, 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 |
Cross-border payments are specialized in by Earthport for international transfers.
|
|
| domain | founded_year | HQ Location |
Treasury and payment solutions are provided for the insurance industry.
|
|
| domain | founded_year | HQ Location |
Cross-border money transfers are provided for consumers and small businesses.
|
|
| domain | founded_year | HQ Location |
Cross-border payment solutions are provided for global businesses.
|
|
| domain | founded_year | HQ Location |
Provider of online payment solution
|
| 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 Paypa Plane
Frequently Asked Questions about Paypa Plane
When was Paypa Plane founded?
Paypa Plane was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is Paypa Plane located?
Paypa Plane is headquartered in Ashgrove, Australia. It is registered at Ashgrove, Queensland, Australia.
Is Paypa Plane a funded company?
Paypa Plane is a funded company, having raised a total of $10M across 2 funding rounds to date.
What does Paypa Plane do?
Paya Plane provides a recurring payment solution for businesses and consumers. They process and manage the payments for both businesses and their customers. They offer a mobile application available on google play and app store. Consumers can manage, track and update their payment details via the application.
Who are the top competitors of Paypa Plane?
What products or services does Paypa Plane offer?
Paypa Plane offers Smart Payment Agreements.
Who are Paypa Plane's investors?
Paypa Plane has 6 investors. Key investors include Mastercard, CommBank, Tyro, Sprint Ventures, and QIC.