About Paze
Paze is a Financial Services company based in London (United Kingdom) founded in 2015, and was acquired by Contis in September 2018. Online marketplace offering consumer payday loans through employers. Paze offers products and services including Business Loans and Partner Programme. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its legal entity is Paze.me Ltd. Its competitors include FlexEarn and Catapillr.
Company details
Paze was founded in 2015 in London, United Kingdom, and operates in the fintech sector. Consumer payday loans are offered through an online marketplace connected to employers, with no interest charged and transaction fees applied instead. Funds are disbursed on a daily, weekly, or on-demand basis, while repayments are collected from employers at the end of each month.
Products & Services of Paze
Paze offers a comprehensive portfolio of products and services, including Business Loans and Partner Programme.
Offers fast loans up to £100k with flexible repayments for small businesses.
Enables brokers to connect clients for funding opportunities.
Investors in Paze
Paze has secured backing from 1 investor. Prominent investors backing the company include Contis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Open banking APIs are provided for businesses and institutions. | 2008 | contis.com | London, United Kingdom |
Investor details for Paze
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Timeline of Paze
2 dated milestones of Paze across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Paze is founded.
- Exit Acquired by Contis.
Competitors of Paze
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flexearn.com | 2018 | London, United Kingdom | 4 | Payday loans are facilitated online through employer partnerships for employees. | ||
| catapillr.com | 2018 | London, United Kingdom | 1 | Operates a digital hub specializing in payroll loans and financial services. |
Detailed competitors of Paze
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Top companies in Alternative Lending
2 companies that operate in the same segment as Paze (Alternative Lending) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M |
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Related news about Paze
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Frequently Asked Questions about Paze
Paze was founded in 2015.
Paze is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Paze was founded in 2015 in London, United Kingdom, and operates in the fintech sector. Consumer payday loans are offered through an online marketplace connected to employers, with no interest charged and transaction fees applied instead. Funds are disbursed on a daily, weekly, or on-demand basis, while repayments are collected from employers at the end of each month.
Paze offers Business Loans and Partner Programme.
Paze has 1 investor. Key investors include Contis.
Paze operates through Paze.Me Ltd.
Yes. Paze was acquired by Contis in September 2018.