About Raylo Pay
Raylo Pay is a company based in London (United Kingdom) founded in 2018 by Jinden Badesha, Richard Fulton, and Karl Gilbert.. Raylo Pay has raised $7.67 million across 1 funding round from investors including Macquarie Group, Wayra and Octopus Ventures. The company has 69 employees as of September 30, 2024. Raylo Pay offers products and services including Raylo Pay. Raylo Pay operates in a competitive market with competitors including Afterpay, Klarna, Zilch, DivideBuy and Deko, among others.
- Headquarter London, United Kingdom
- Employees 69 as on 30 Sep, 2024
- Founders Jinden Badesha, Richard Fulton, Karl Gilbert
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Sectors
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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- Legal Name Raylo Group Limited
- Date of Incorporation 05 Sep, 2018
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.67 M (USD)
in 1 rounds
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Latest Funding Round
$7.67 M (USD), Series A
Jul 05, 2022
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Investors
Macquarie Group
& 2 more
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Employee Count
69
as on Sep 30, 2024
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Products & Services of Raylo Pay
Raylo Pay offers a comprehensive portfolio of products and services, including Raylo Pay. 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.
Platform for adding flexible subscription financing to merchant checkouts
Funding Insights of Raylo Pay
Raylo Pay has successfully raised a total of $7.67M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.67 million completed in July 2022. 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 1
- Last Round Series A — $7.7M
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First Round
First Round
(05 Jul 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series A - Raylo Pay | Valuation |
investors |
| 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 |
Investors in Raylo Pay
Raylo Pay has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Macquarie Group, Wayra and Octopus Ventures. 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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Venture capital investment and support for founders in technology and health sectors.
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Founded Year | Domain | Location | |
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Wayra is operated as Telefónica's Corporate Venture Capital and Open Innovation platform.
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Founded Year | Domain | Location | |
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A global financial services organization with Australian heritage is operated.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Raylo Pay
| 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 - Raylo Pay
| 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 |
Raylo Pay Comparisons
Competitors of Raylo Pay
Raylo Pay 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 Afterpay, Klarna, Zilch, DivideBuy and Deko, 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 |
A buy now pay later service is offered by Afterpay.
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| domain | founded_year | HQ Location |
Point-of-sale financing is facilitated through an online platform for purchases.
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| domain | founded_year | HQ Location |
Direct-to-consumer ad-subsidised payments network
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| domain | founded_year | HQ Location |
Interest-free credit is offered for consumer purchases via retail partners.
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| domain | founded_year | HQ Location |
Purchase financing is enabled through a B2B2C multi-lender platform.
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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 Raylo Pay
When was Raylo Pay founded?
Raylo Pay was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Raylo Pay located?
Raylo Pay is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Raylo Pay?
Karl Gilbert is the current CEO of Raylo Pay. They have also founded this company.
Is Raylo Pay a funded company?
Raylo Pay is a funded company, having raised a total of $7.67M across 1 funding round to date. The company's 1st funding round was a Series A of $7.67M, raised on Jul 05, 2022.
How many employees does Raylo Pay have?
As of Sep 30, 2024, the latest employee count at Raylo Pay is 69.
What does Raylo Pay do?
Raylo Pay was founded in 2018 in London, United Kingdom. Operations focus on the point-of-sale financing sector, where monthly subscription models are provided to businesses. These enable payments equivalent to a fraction of the recommended retail price on a recurring basis. Services target commercial clients seeking flexible financing options for purchases.
Who are the top competitors of Raylo Pay?
What products or services does Raylo Pay offer?
Raylo Pay offers Raylo Pay.
Who are Raylo Pay's investors?
Raylo Pay has 3 investors. Key investors include Macquarie Group, Wayra, and Octopus Ventures.
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