Market Research Report: ipaymy Technologies Pte. Ltd.
Company Overview
- Name: ipaymy Technologies Pte. Ltd.
- Mission: To build technology that helps small businesses thrive by optimising their accounts receivable and accounts payable operations.
- Founded: ipaymy was founded in 2022.
- Key People:
- Ethan Dobson, CEO & Founder
- Catherine Szulyk, Chief Operating Officer
- Matt Rowe, Head of Payments
- Kelvin Singh, Customer Success Manager
- James Holt, Head of Partnerships
- Vanessa Teo, Customer Support Manager
- Meera Maniar, Growth Marketing Manager
- Sang Dan, Chief Design Officer
- Tinh Phan, Senior Front-End Engineer
- Khiem Vo, Senior Back-End Engineer
- Vien Nguyen, Technical Lead
- Jeremy Tan, Head of Compliance
- Nicole O’Shaughnessy, Executive Assistant
- Headquarters: 138 Robinson Road, #28-03, Singapore 068906
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: ipaymy is known for its innovative fintech solutions, particularly in the realm of B2B payments, helping small businesses optimise payment operations with a user-friendly platform.
Products
- Pay Product:
- Launched in Singapore in 2016 and later in Malaysia (2022).
- Enables users to make and receive payments using credit cards, offering simplicity in transaction management for businesses and personal users.
- Be Paid Product (Fetch):
- Initially launched in 2018 as "Be Paid," now called "Fetch."
- Offers a powerful AI-driven platform that simplifies invoicing and payment collection, ensuring small businesses are paid faster.
- International Payments:
- Launched in Singapore in 2019.
- Provides a secure platform for making international payments across over 30 countries.
- Collaborative Products:
- Partnerships with entities such as TripleA for cryptocurrency payments and Wallex for international payment solutions.
Recent Developments
- January 2024:
- Launched Fetch, an automated invoicing platform, enhancing SMEs' ability to receive payments efficiently in Singapore, Hong Kong, Malaysia, and Australia.
- April 2023:
- Announced partnership with TripleA to integrate cryptocurrency payments, aiming to transform expense payments within the platform.
- Past Product Developments:
- Introduced a digital tool to help restaurants in Singapore accept online credit card payments during the COVID-19 circuit breaker (2020).
- Formed a partnership with Flex by Finaxar to help SMBs with cash flow management through Visa Debit card integrations (2021).
Partnerships and Collaborations
- TripleA (2023): Collaboration to facilitate cryptocurrency payments, expanding payment options for businesses.
- Wallex (2021): Partnership to streamline international payment processes for both individuals and businesses.
- Flex by Finaxar (2021): Integration to support SMB cash flow through Visa Debit card offerings.
Overall, ipaymy Technologies Pte. Ltd. stands as a prominent fintech innovator, focusing on enhancing payment capabilities and efficiencies for small to medium-sized businesses across multiple regions. As a licensed Major Payment Institution, the company continues to expand its product offerings and collaborations to meet the evolving needs of its clients.
