About Paypa Plane
Paypa Plane is a Financial Services company based in Ashgrove (Australia) founded in 2017. Recurring payment solution provider. 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. Its focus areas include FinTech, Digital Remittance, Networks and Bank Settlement. Its legal entity is Paypa Plane Australia.
Company details
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.
- Headquarters Ashgrove, Australia
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website paypaplane.com
- Social LinkedIn Facebook
- Legal Name Paypa Plane Australia
- Total Equity Funding$10M (USD)
in 2 rounds
- Latest Funding Round$10M (USD), Series A
Mar 2023
- InvestorsMastercard
& 5 more
Products & Services of Paypa Plane
Paypa Plane offers a comprehensive portfolio of products and services, including Smart Payment Agreements.
System for automated recurring payments with verification and security features
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 $10M
- Total Rounds 2
- Last Round Series A — $10M
- Investors Count 6
All 2 funding rounds of Paypa Plane with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $10M | Series A | – | QIC | |
| Feb 2022 | Seed | – | – |
6 investors in total: 6 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sprint Ventures is engaged in early and growth-stage venture capital investments. | sprint.vc | Brisbane, Australia | ||
| qic.com.au | ||||
Cuscal offers payments solutions, real-time payments, and data services in Australia. | 1969 | cuscalpayments.com.au | Sydney, Australia | |
Global payments are processed via card network connections. | 1966 | mastercard.com | Purchase, United States | |
Retail, business, and institutional banking services are offered in Australia. | 1912 | commbank.com.au | Sydney, Australia | |
POS solutions are provided for retail payment processing. | 2003 | tyro.com | Sydney, Australia |
Investor details for Paypa Plane
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Paypa Plane
17 people are tracked at Paypa Plane (6 in leadership, 11 in team).
| Name | Role | Group |
|---|---|---|
Ethan Teas | Director | Leadership |
Alice Tagney | Chief Financial Officer | Leadership |
Simone Joyce | Chief Executive Officer (founder) | Leadership |
Grant Benvenuti | Chief Technology Officer | Leadership |
Jonathan Grant | Chief Revenue Officer, Co-founder | Leadership |
Trent Scholl | Head Of Engineering | Leadership |
Maddison Burrows | Product Manager | Team |
Sean Kennedy | Senior Staff Engineer | Team |
Dominic J. | Software Engineer | Team |
Dan Treasure | Principal Product Designer | Team |
Daniel K. | Principal Engineer | Team |
Palash Chhabra | Senior Frontend Engineer | Team |
Jack Compton | Senior Software Engineer | Team |
Val Antonini | Technical Lead | Team |
Justin Swan | Automation Test Engineer | Team |
Brenton Bills | Software Engineer | Team |
Andrew Matthews | Platform Team Lead | Team |
Complete people profiles for Paypa Plane
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Paypa Plane
3 dated milestones of Paypa Plane across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Paypa Plane is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $10.0M.
Web traffic of Paypa Plane
The website of Paypa Plane (paypaplane.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 45.7% vs previous month
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Frequently Asked Questions about Paypa Plane
Paypa Plane was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Paypa Plane is headquartered in Ashgrove, Australia. It is registered at Ashgrove, Queensland, Australia.
Paypa Plane is a funded company, having raised a total of $10M across 2 funding rounds to date.
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.
Paypa Plane offers Smart Payment Agreements.
Paypa Plane has 6 investors. Key investors include Mastercard, CommBank, Tyro, Sprint Ventures, and QIC.
Paypa Plane operates through Paypa Plane Australia.