SimplyPayMe Overview
- Year Founded
-
2007
- Status
-
Acquired/Merged
- Employees
-
5
- Latest Deal Type
-
M&A
SimplyPayMe General Information
Description
Developer of a mobile payment application designed to facilitate financial transactions over smartphones. The company's application features invoicing, light CRM, team management, and reporting as well as the ability to delegate jobs to team members, enabling financial institutions, private companies, and telecom providers to make payments, manage jobs, quotes, invoices, taxes, and accounts over a mobile application.
Contact Information
Website
www.simplypayme.com(Operating Subsidiary)
Corporate Office
- 85 Great Portland Street
- London W1W 7LT
- England, United Kingdom
Corporate Office
- 85 Great Portland Street
- London W1W 7LT
- England, United Kingdom
SimplyPayMe Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 20-Feb-2023 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series A) | 17-Mar-2022 | Completed | Generating Revenue | |||
| 6. Equity Crowdfunding | 19-Mar-2020 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 24-Jul-2019 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 26-Nov-2018 | Completed | Generating Revenue | |||
| 3. Later Stage VC | 17-Nov-2016 | Completed | Generating Revenue | |||
| 2. Seed Round | 01-Jun-2014 | $980K | $1.05M | Completed | Generating Revenue | |
| 1. Seed Round | 21-Sep-2012 | $70K | $70K | Completed | Generating Revenue |
SimplyPayMe Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 122,000 | $0.000001 | $1.37 | $1.37 | 1x | $1.37 | 1.6% | |
| Ordinary | 48,000 | $0.000001 | $1.37 | $1.37 | 1x | $1.37 | 0.63% |
SimplyPayMe Signals
SimplyPayMe Former Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 1818 Venture Capital | Venture Capital | Minority | ||
| EC1 Capital | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
SimplyPayMe FAQs
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When was SimplyPayMe founded?
SimplyPayMe was founded in 2007.
-
Where is SimplyPayMe headquartered?
SimplyPayMe is headquartered in London, United Kingdom.
-
What is the size of SimplyPayMe?
SimplyPayMe has 5 total employees.
-
What industry is SimplyPayMe in?
SimplyPayMe’s primary industry is Financial Software.
-
Is SimplyPayMe a private or public company?
SimplyPayMe is a Private company.
-
What is SimplyPayMe’s current revenue?
The current revenue for SimplyPayMe is .
-
How much funding has SimplyPayMe raised over time?
SimplyPayMe has raised $6.94M.
-
Who are SimplyPayMe’s investors?
1818 Venture Capital, EC1 Capital, , , and are 5 of 6 investors who have invested in SimplyPayMe.
-
When was SimplyPayMe acquired?
SimplyPayMe was acquired on 20-Feb-2023.
-
Who acquired SimplyPayMe?
SimplyPayMe was acquired by Mytown Technologies.
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