Dodo Payments Company Profile

Background

Dodo Payments is a global Merchant of Record (MoR) solution designed to streamline international business operations for digital enterprises. The company's mission is to simplify global payments and compliance, enabling solopreneurs, indie hackers, and Micro SaaS founders to scale their businesses effortlessly. By offering a comprehensive, easy-to-integrate PaymentOS, Dodo Payments aims to become the default payment operating system for businesses worldwide, assisting them in navigating complex payment decisions and compliance requirements with efficiency.

Key Strategic Focus

Dodo Payments focuses on providing seamless, accessible, and secure payment solutions that empower entrepreneurs and small businesses to succeed in global markets. The company's core objectives include:

Automating and Scaling Recurring Revenue: Managing subscriptions with automated billing and renewals.

Facilitating Cross-Border Digital Product Sales: Simplifying the sale and delivery of digital goods across international markets.

Enabling Global Payment Acceptance: Supporting multiple currencies and payment methods with built-in fraud protection.

Automating Global Tax Compliance: Ensuring compliance with local tax laws while selling globally.

Dodo Payments supports over 25 local payment methods, including Apple Pay, Klarna, Affirm, Cash App, UPI, and major card networks, and is available in 14 languages. The company has onboarded over 1,000 merchants across 30 countries and aims to scale this to more than 10,000 merchants globally by the end of the year.

Financials and Funding

In May 2025, Dodo Payments raised $1.1 million in a pre-seed funding round. The funding was led by Antler, with participation from other notable investors. The capital is intended to be utilized for scaling operations, enhancing product offerings, and expanding the company's global reach.

Technological Platform and Innovation

Dodo Payments offers a comprehensive platform that includes:

Product Catalogue Management: Allows merchants to manage their product offerings, including one-time purchases and subscription-based products, with flexible pricing options and billing cycles.

Payments Processing: Handles end-to-end payment processing, providing full transparency on how payments are processed and managed.

Refund Management: Enables merchants to manage and initiate refund requests in an organized and timely manner.

Invoicing: Offers automatic invoice generation, simplifying the billing process by automating invoices after every successful transaction.

Payouts: Simplifies the process of transferring funds from the Dodo Payments account to the merchant's bank account.

Analytics & Reporting: Provides detailed insights into business performance, including comprehensive reports on revenue, customer activity, and transaction success rates.

Customer Management: Offers a central view of all customer details and allows merchants to download customer records.

Fraud Detection & Data Security: Follows standard security and fraud detection practices to ensure secure transactions.

License Key Management: Helps merchants secure their digital products and services by generating, managing, and tracking unique license keys.

Webhooks: Provides real-time notifications when specific events occur within Dodo Payments, enabling seamless automation and integration with merchant applications.

Account Summary & Payout Wallet: Offers a detailed breakdown of all financial transactions, including payments, refunds, payouts, transaction fees, and taxes.

API Key Generation: Allows merchants to securely authenticate and integrate their systems with Dodo Payments' platform.

These features are designed to provide a seamless and efficient payment processing experience for digital businesses operating globally.

Leadership Team

Dodo Payments is led by a dedicated team of professionals:

Rishabh Goel: Co-founder & CEO

Ayush Agarwal: Co-founder & CPTO

Pete Jaison: Chief of Staff

Joshua D'Costa: Growth & Marketing

Deep Doshi: Product

Anurag Bevinal: Frontend

Bharadwaj Muppirisetty: Backend

Varun T R: Design

Divyani Marothia: Finance

Yash Singh: DevOps

This team brings a wealth of experience and expertise to drive the company's mission and vision forward.

Competitor Profile

Market Insights and Dynamics

The global payment processing industry is experiencing significant growth, driven by the increasing adoption of digital payments, e-commerce expansion, and the need for secure and efficient cross-border transactions. Businesses are seeking comprehensive solutions that can handle diverse payment methods, ensure compliance with local regulations, and provide seamless integration with their existing systems.

Competitor Analysis

Dodo Payments operates in a competitive landscape with several notable players:

Shopify: A cloud-based commerce platform that enables businesses to design, set up, and manage their stores across multiple sales channels.

PayPal Payments: A widely used digital wallet that allows businesses to accept payments from customers using their PayPal account, linked card, or bank account.

Stripe Payments: A complete payments platform engineered for growth, offering a suite of payment processing solutions.

2Checkout (now Verifone): An all-in-one monetization platform that enables merchants to accept mobile and online payments from buyers worldwide.

Paddle: A subscription commerce and billing platform for software and SaaS companies, providing tools from optimized checkout to recurring billing and fraud detection.

These competitors offer varying levels of global coverage, subscription management, and compliance features, catering to different business needs.

Strategic Collaborations and Partnerships

Dodo Payments is supported by investors who believe in the future of global payments, including Antler and other notable investors. These partnerships provide the company with the resources and strategic guidance necessary to enhance its product offerings and expand its global reach.

Operational Insights

Dodo Payments differentiates itself by offering an all-in-one payments infrastructure that eliminates the need for businesses to integrate with multiple tools for subscriptions, invoicing, and other payment-related functions. The platform also provides automated tax accounting and bookkeeping, reducing the administrative burden on businesses and ensuring compliance with local tax laws.

Strategic Opportunities and Future Directions

Dodo Payments aims to continue scaling its operations by onboarding more merchants globally and enhancing its product offerings to meet the evolving needs of digital businesses. The company is focused on expanding its reach into new markets, developing additional features to support various business models, and strengthening its compliance and security measures to maintain trust and reliability among its users.