About Yak Pay
Yak Pay is a company based in Camberwell (Australia) founded in 2019 by Mark Nimco and Sam Plowman. It operates as a B2B. Yak Pay offers products and services including Yak Pay Platform and Rewards Accelerator. Yak Pay operates in a competitive market with competitors including Ordermentum, Alii Technology Group, Lightyear, pay.com.au and Bluechain, among others.
- Headquarter Camberwell, Australia
- Founders Mark Nimco, Sam Plowman
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Sectors
TechnologyFinancial Services
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Social
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- Legal Name Yak Pay International Pty Ltd
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Products & Services of Yak Pay
Yak Pay offers a comprehensive portfolio of products and services, including Yak Pay Platform and Rewards Accelerator. 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.
Processes business payments and integrates with accounting software.
Maximizes points on transactions for business expenses.
Funding Insights of Yak Pay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investments & Acquisitions by Yak 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 - Yak Pay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Yak Pay Comparisons
Competitors of Yak Pay
Yak 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 Ordermentum, Alii Technology Group, Lightyear, pay.com.au and Bluechain, 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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SaaS-based order management solutions are provided for suppliers and retailers.
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Cloud-based digital transaction management platform for workflow automation
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| domain | founded_year | HQ Location |
Cloud-based accounts payable management software is offered for businesses.
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Payments platform is operated for business owners and managers.
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Cloud-based invoice management solutions are offered for businesses.
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Offers procure-to-pay automation solutions for industries like retail and manufacturing.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Yak Pay
Frequently Asked Questions about Yak Pay
When was Yak Pay founded?
Yak Pay was founded in 2019.
Where is Yak Pay located?
Yak Pay is headquartered in Camberwell, Australia. It is registered at Camberwell, Victoria, Australia.
Who is the current CEO of Yak Pay?
Sam Plowman is the current CEO of Yak Pay. They have also founded this company.
What does Yak Pay do?
Yak Pay is a platform designed for businesses to process payments and earn rewards on expenses like cards and transfers. It integrates with software such as Xero and MYOB for seamless bill imports and offers features like Rewards Accelerator to maximize points. The service enhances payment security and efficiency while helping optimize cashflow. Based in Australia, it supports businesses with uncapped rewards and Australian customer service.
Who are the top competitors of Yak Pay?
Yak Pay's top competitors include Ordermentum, Lightyear and Alii Technology Group.
What products or services does Yak Pay offer?
Yak Pay offers Yak Pay Platform and Rewards Accelerator.