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PayEm comes out of stealth with $27M and its answer to the expense report

The company’s technology automates the reimbursement, procurement, accounts payable and credit card workflows to manage all of the requests and invoices, while also creating bills and sending payments to over 200 territories in 130 currencies.

Hyper Growth' and Global Demand For Spend Management Luring Investors to B2B

PayEm announced Wednesday (Sept. 1) that it has raised $27 million in funding that it plans to use to further grow its global spend management and procurement platform.

The global B2B payments market is valued at $120 trillion annually and is expected to reach $200 trillion by 2028

PayEm technology automates the reimbursement, procurement, accounts payable and credit card workflows to manage all of the requests and invoices, while also creating bills and sending payments to over 200 territories in 130 currencies

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PayEm nabs $27M to ease companies budget and spend woes globally

Newly out of stealth mode and backed by $27 million in fresh funding, fintech startup PayEm is ready to make some noise.

PayEm has developed a platform that allows companies to integrate their financial systems and ERP with an advanced end-to-end customized request-to-approval workflow and payment solution.

Until recently, most major spend decisions were made by the procurement and finance teams. Today, however, decision-making with regards to vendors, SaaS platforms and more are delegated to teams throughout the organization

PayEm, The Global Spend and Procurement Platform, Emerges From Stealth With $27M In Funding

We built PayEm specifically to meet the needs of SMEs and enterprises. Between the rise of SaaS, the trend of hybrid work, and the acceleration of global expansion by companies as they tap into markets and talent pools, our platform enables employees and various departments to make their own spending decisions while offering centralized control and visibility for finance teams

Spend and procurement platform PayEm emerges from stealth with $27m in funding

PayEm, the global spend and procurement platform for high-growth and multinational organizations today announces $27M in funding

PayEm provides credit cards and software for companies to better manage their corporate spend

Itamar Jobani joins us on the podcast to share his vision for smart commercial cards, why he founded the company, and where he plans to lead his firm

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