Payze Analysis: $125K Raised
What is Payze?
Payze offers online payment solutions, enabling businesses to manage payments efficiently with features like no-redirect payments, subscription payments, and QR payments.
Employees
15
Founded
2020
Revenue
$3.3-5.4M
Business Model
Transaction fees from payment processing and subscription models for businesses.
ZoomInfo
Product Features & Capabilities
- API Payments, No-redirect Payment, Just Pay, Recurring Payments, Subscription Payment, Split Payments, No-Code Payments, FB / Instagram Shop, QR Payments, Online Catalog, Link Payments
Pricing
- Commission fee: 2.7% + ¢0.15 per transaction.
- International card fees in Georgia: 3.2%.
- International card fees in Uzbekistan: 3% + $0.30.
- Payment currencies in Georgia: GEL, USD, EUR.
- Payment currencies in Uzbekistan: local currency.
- Accepted card types in Georgia: VISA, Mastercard, Ame
How much Payze raised
Pre-Seed - $125,000
August 31, 2021Lead Investor: Y Combinator, Digital Area
Who are the founders of Payze
GT
Gega Tsurtsumia
Founder
Market Focus
Payze primarily focuses on the online payment solutions industry, providing services that help businesses manage their payment processes efficiently.
Competitors Overview
Payze operates in a competitive landscape with several notable competitors in the online payment solutions market. The main competitors include:
- Checkout.com: Offers a comprehensive payment processing platform that allows businesses to accept payments globally through a single API. This simp
Investors
- Y Combinator
- Soma Capital
- BYLD Ventures
- Fox Ventures (United Arab Emirates)
- Visa
- Class 5 Global
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