Paypa Plane

Paypa Plane

Future-focused payment systems that deliver benefits to banks, enterprises and payers. Learn more

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2023
Revenues4.7m
  • Edit
DateInvestorsAmountRound
-

N/A

-
*

N/A

Seed
*

AUD10.0m

Series A
Total Funding€5.9m

Recent News about Paypa Plane

Edit
More about Paypa Planeinfo icon
Edit

Paypa Plane is a financial technology company specializing in recurring payment systems designed to enhance the payment experience for banks, enterprises, and individual payers. Operating primarily in the financial services market, Paypa Plane integrates seamlessly with existing banking and enterprise systems, allowing clients to modernize their payment structures without overhauling their core systems. The company serves a diverse range of clients, including banks, payment service providers, small and medium-sized enterprises (SMEs), and large enterprises.

Paypa Plane's business model revolves around providing a multi-layered platform that caters to three levels of users: banks, enterprises, and individual payers. This platform not only facilitates traditional scheduled payments but also supports payment initiation via the New Payments Platform Australia's (NPPA) PayTo service. By working with existing systems, Paypa Plane helps clients save thousands of hours each week, reduces operational rigidity, and improves data utilization.

The company generates revenue through subscription fees and transaction-based charges, offering a scalable solution that adapts to the needs of various clients. By focusing on elevating the payment ecosystem, Paypa Plane aims to deliver significant benefits and functionality beyond traditional payment systems.

Keywords: recurring payments, financial technology, banks, enterprises, SMEs, NPPA PayTo, payment systems, core banking, payment service providers, subscription fees, transaction-based charges.