About PayRemit
PayRemit is a company based in Pasig (Philippines) founded in 2015. It operates as a B2C. PayRemit operates in a competitive market with competitors including Akulaku, PayJoy, Plentina, Billease and Tendopay, among others.
- Headquarter Pasig, Philippines
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Sectors
Financial Services
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of PayRemit
| 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 |
Investments & Acquisitions by PayRemit
| 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 - PayRemit
| 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 |
Payremit Comparisons
Competitors of PayRemit
PayRemit 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 Akulaku, PayJoy, Plentina, Billease and Tendopay, 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 |
Point-of-sale financing is provided for various consumer products via installments.
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| domain | founded_year | HQ Location |
Online platform for purchase financing
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| domain | founded_year | HQ Location |
Online platform for purchase financing
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| domain | founded_year | HQ Location |
Point-of-sale financing is enabled via an online installment platform.
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| domain | founded_year | HQ Location |
App-based solution for point of sale financing
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| domain | founded_year | HQ Location |
Offers an online retail platform for multi-category gifts.
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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 PayRemit
When was PayRemit founded?
PayRemit was founded in 2015.
Where is PayRemit located?
PayRemit is headquartered in Pasig, Philippines. It is registered at Pasig, National Capital Region, Philippines.
Who is the current CEO of PayRemit?
Vincent Paul D. Grey is the current CEO of PayRemit.
What does PayRemit do?
PayRemit operates an app-based platform for cross-border payments targeted at migrant workers, focusing on offering financial products and advice, facilitating payment transactions, remittance platforms, and enabling international payments. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
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