Versapay

company

About

Versapay is an Fintech company offering an Accounts Receivable Software as a Service solution and Payment acquiring services.

  • 101 - 250

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$4M
Industries
Enterprise Software,Financial Services,FinTech,Payments,SaaS,Software,Transaction Processing
Founded date
Jan 1, 2006
Number Of Employee
101 - 250
Operating Status
Active

Versapay was founded in 2006 as an electronic payments company and went public in 2010 (TSX-V: VPY).

Versapay is a Fintech company and leading provider of cloud-based invoice-to-cash solutions, enabling businesses to provide a superior customer experience, get paid faster, streamline financial operations, and dramatically reduce DSO and costs. Versapay ARC is the new standard in accounts receivable and collections management with a customer self-service environment to view invoices online, collaborate on inquiries and disputes, and facilitate secure online payments (EFT/ACH and credit card). Businesses gain access to a suite of powerful tools that enable efficient collections, cash application and real-time insight into accounts receivable. Versapay ARC automatically reconciles payments and account information through integrations with a wide range of ERPs and accounting software providers.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$4M
Versapay has raised a total of $4M in funding over 2 rounds. Their latest funding was raised on Nov 5, 2019 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 5, 2019 Post-IPO Debt $4M 1 National Bank of Canada Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Versapay is funded by 1 investors. National Bank of Canada are the most recent investors.
Investor Name Lead Investor Funding Round
National Bank of Canada Yes Post-IPO Debt

Acquisition

Versapay has acquired 1 organizations. Their most recent acquisition was Solupay on Oct 20, 2020. They acquired Solupay for 0.

Date Company Name
Industry Acquisition Type Price
Oct 20, 2020 Solupay
Cryptocurrency merge Detail