About PayPense
PayPense is a company based in Bamberg (Germany) founded in 2012 was acquired by Hotel Reservation System in August 2022.. PayPense offers products and services including Expense Management Platform and Carbon Footprint Reporting. PayPense operates in a competitive market with competitors including Spendesk, Sodexo, Pleo, W.A.G. payment solutions and Payhawk, among others.
- Headquarter Bamberg, Germany
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Sectors
TechnologyTravel & Hospitality 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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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Hotel Reservation System
(Aug 04, 2022)
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Products & Services of PayPense
PayPense offers a comprehensive portfolio of products and services, including Expense Management Platform and Carbon Footprint Reporting. 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.
Tool for real-time B2B payment and expense tracking globally.
Feature for tracking and reporting corporate carbon emissions data.
Funding Insights of PayPense
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 PayPense
PayPense has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Hotel Reservation System. 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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Hotel bookings are facilitated for travelers via an online platform.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by PayPense
| 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 - PayPense
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Paypense Comparisons
Competitors of PayPense
PayPense 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 Spendesk, Sodexo, Pleo, W.A.G. payment solutions and Payhawk, 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 |
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| domain | founded_year | HQ Location |
Provider of prepaid cards for financial benefits of employees
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Employee benefits payment cards are provided via an online platform.
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SaaS expense management solutions for business travel are provided.
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| domain | founded_year | HQ Location |
Prepaid fuel and toll payment cards are provided for fleets.
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| domain | founded_year | HQ Location |
Cloud-based expense management is offered for corporate travelers.
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| domain | founded_year | HQ Location |
Employee benefits are managed via tools like Spendit and Lunchit.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about PayPense
When was PayPense founded?
PayPense was founded in 2012.
Where is PayPense located?
PayPense is headquartered in Bamberg, Germany. It is registered at Bamberg, Bavaria, Germany.
What does PayPense do?
PayPense was founded in 2012 in Bamberg, Germany, as a provider of a travel expense management platform. Services offered include payment and expense management, invoice handling, and related financial tools. The platform operates within the fintech sector, focusing on streamlining business travel costs for organizations. Operations are based in Germany, supporting European markets with digital solutions for expense tracking and reporting.
Who are the top competitors of PayPense?
What products or services does PayPense offer?
PayPense offers Expense Management Platform and Carbon Footprint Reporting.
Who are PayPense's investors?
PayPense has 1 investor. Key investors include Hotel Reservation System.