SparcPay

Toronto, Canada Founded: 2018 • Age: 8 yrs
Vendor payments are automated via a cloud-based solution for businesses.
Request Access

About SparcPay

SparcPay is a company based in Toronto (Canada) founded in 2018 by Lyle Juravsky.. SparcPay offers products and services including SparcPay Platform and Integration Services. SparcPay operates in a competitive market with competitors including Tipalti, Zip, Beanworks, SnapAP and WayPay, among others.

  • Headquarter Toronto, Canada
  • Founders Lyle Juravsky
  • Sectors
    Technology
    Financial Services
  • Phone
    *********
  • Website
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of SparcPay

SparcPay offers a comprehensive portfolio of products and services, including SparcPay Platform and Integration Services. 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.

Primary

Software for AI-driven bill capture and digital payments.

Tools to connect with accounting systems for seamless operations.

Funding Insights of SparcPay

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by SparcPay

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - SparcPay

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Sparcpay Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of SparcPay

SparcPay 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 Tipalti, Zip, Beanworks, SnapAP and WayPay, 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
Cloud-based procurement and invoice management solutions are offered to businesses.
domain founded_year HQ Location
Cloud-based purchase approval management software is provided for businesses.
domain founded_year HQ Location
Accounts Payable automation software provider
domain founded_year HQ Location
Accounts payable management software is provided for businesses.
domain founded_year HQ Location
B2B payment solution
domain founded_year HQ Location
Cloud-based accounts payable management software is offered for businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Sparcpay

Frequently Asked Questions about SparcPay

When was SparcPay founded?

SparcPay was founded in 2018.

Where is SparcPay located?

SparcPay is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

What does SparcPay do?

SparcPay was founded in 2018 in Toronto, Canada, as a provider of cloud-based solutions for vendor payments in the fintech sector. Automated payment processing for product suppliers is enabled, along with data extraction from invoices. Integration with accounting software supports reconciliation of bills and transactions. Operations are conducted on a monthly subscription basis, serving businesses across various scales.

Who are the top competitors of SparcPay?

SparcPay's top competitors include Zip, Tipalti and Beanworks.

What products or services does SparcPay offer?

SparcPay offers SparcPay Platform and Integration Services.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available