PayinTech SAS

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PayinTech SAS - overview

Established

2010

Location

Paris, -, France

Primary Industry

Software

About

PayinTech SAS provides advanced technological solutions that streamline business operations. With innovative products and services tailored for various sectors, the company enhances productivity and addresses challenges in data management and operational workflows. Founded in 2010, PayinTech SAS operates from its headquarters in Paris, France. The company specializes in creating innovative solutions aimed at optimizing business processes.


In April 2017, PayinTech raised EUR 4 million in venture funding from Caisse des Dépôts et Consignations, with contributions from returning investors FaDiese and Karista. The total amount raised to date stands at EUR 4 million, leading to a current company valuation of EUR 11. 401 million. The company specializes in a diverse range of innovative products and services designed to meet the evolving needs of its clientele.


At the core of their offerings are advanced technological solutions that streamline operations for businesses across various sectors. These solutions enhance productivity, improve efficiency, and address specific challenges faced by end-users, such as data management and operational workflows. Released over the past few years, these offerings have gained traction among a broad customer base, including small to mid-sized enterprises as well as large corporations across North America and Europe, particularly in the United States, Canada, the United Kingdom, and Germany. PayinTech SAS generates revenue through a combination of subscription-based services and direct sales of its flagship products.


Clients engage in transactions that typically involve tiered subscription plans, providing flexibility based on the scale of their operations and specific service needs. Businesses may opt for annual subscriptions that grant access to premium features and ongoing support. Additionally, the company has established partnerships with wholesalers to facilitate the distribution of its products to end-users, creating steady revenue streams through both B2B interactions and direct-to-consumer sales. PayinTech SAS is focused on developing new products and expanding its market presence.


The company plans to enhance its product lineup with innovative solutions catering to its clients' needs. Following the EUR 4 million funding raised in April 2017, the resources will be allocated towards launching new products and penetrating additional markets, with an emphasis on expanding operations within Europe and North America by 2025.


Current Investors

Karista, FaDiese, Caisse des Dépôts et Consignations

Primary Industry

Software

Sub Industries

e-Financial, Accounting/Finance Software

Website

www.payintech.com

Verticals

Cloud Computing

Company Stage

Series A

Total Amount Raised

Subscriber access only

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