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
Company Stage
Seed
YC Batch
S21
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
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
Company 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
Investors
- Y Combinator
- Soma Capital
- BYLD Ventures
- Fox Ventures (United Arab Emirates)
- Visa
- Class 5 Global