tomato pay

London, United Kingdom Founded: 2014 • Age: 12 yrs
QR-code payments are enabled for businesses and sole traders.
Annual revenue - Latest available
Total funding $3.3M 7 rounds
Employees 19 Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About tomato pay

tomato pay is a company based in London (United Kingdom) founded in 2014. tomato pay has raised $3.27 million across 7 funding rounds from investors including Deloitte, Seedcamp and BCR. The company has 19 employees as of December 31, 2021. tomato pay offers products and services including Business App, API Platform, and Smart Invoices. tomato pay operates in a competitive market with competitors including Codat, Banked, Bud, Moneyhub and Atoa, among others.

  • Headquarter London, United Kingdom
  • Employees 19 as on 31 Dec, 2021
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Fractal Labs Ltd
  • Date of Incorporation 02 Apr, 2014
  • Jurisdiction DERBY, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.27 M (USD)

    in 7 rounds

  • Latest Funding Round
    $206.4 K (USD), Seed

    Aug 30, 2021

  • Investors
    Deloitte

    & 6 more

  • Employee Count
    19

    as on Dec 31, 2021

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Products & Services of tomato pay

tomato pay offers a comprehensive portfolio of products and services, including Business App, API Platform, and Smart Invoices.

Product name locked
Category locked
Primary

App for quick invoice creation and payment management on mobile devices

Product name locked
Category locked
Locked

Platform for integrating payment solutions and developer tools

Product name locked
Category locked
Locked

Feature for tracking and following up on unpaid invoices automatically

People of tomato pay

Headcount 10-50
Employee Profiles 1
Board Members and Advisors 1
Employee Profiles
People
Nicholas Heller
Co-Founder & CEO

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Board Members and Advisors
people
Anna Tsyupko
Board Advisor

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Teams

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Funding Insights of tomato pay

tomato pay has successfully raised a total of $3.27M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $206.4 thousand completed in August 2021. 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.

Investors in tomato pay

tomato pay has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Deloitte, Seedcamp and BCR.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage venture capital is invested in European startups across sectors.
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Venture capital fund investing in tech startups
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ACE Ventures is engaged in venture capital investments globally.
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Investor details for tomato pay

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by tomato pay

Investments
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Investment portfolio details for tomato pay

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  • Transaction dates
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Financial Statements - tomato pay

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Detailed financials for tomato pay

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  • Profit trends
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Tomato Pay Comparisons

tomato pay Primary company
Description
QR-code payments are enabled for businesses and sole traders...
Location
London, United Kingdom
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
19
As of 2021
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Peer comparison for tomato pay

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Competitors of tomato pay

tomato 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 Codat, Banked, Bud, Moneyhub and Atoa, among others.

Company Name Domain Founded year HQ Location Description
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Developer of cloud-based financial analysis and forecasting solutions for small and medium businesses
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Open banking APIs for payments and data access are provided.
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Bud Financial is focused on transforming transaction data into actionable insights for financial institutions.
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Personal finance tools are offered for individuals and enterprises.
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QR code solution for businesses
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Volt is recognized as a provider of real-time payment solutions globally.
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Detailed competitors of tomato pay

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Latest news on Tomato Pay

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Complete news archive for tomato pay

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  • Source and publication date
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Frequently Asked Questions about tomato pay

tomato pay was founded in 2014 and raised its 1st funding round 1 year after it was founded.

tomato pay is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

tomato pay is a funded company, having raised a total of $3.27M across 7 funding rounds to date.

As of Dec 31, 2021, the latest employee count at tomato pay is 19.

Tomato Pay was established in 2014 in London, United Kingdom, within the fintech sector. QR-code-based payment solutions are provided to businesses and sole traders, facilitating direct deposits into bank accounts. An API-driven payment system and open banking platform for data aggregation are utilized. Domestic and international payment tools are supported, alongside invoice management features such as creation, dynamic discounting, collections, and processing.

tomato pay's top competitors include Codat, Bud and Banked.

tomato pay offers Business App, API Platform, and Smart Invoices.

tomato pay has 7 investors. Key investors include Deloitte, Seedcamp, BCR, DBS Bank, and Lifeline Ventures.

The valuation of tomato pay is $15.64M as of Aug 2021.

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