# PayEm

**Source:** https://www.startuphub.ai/startups/payem
**Profile type:** Startup

> Global spend management and procurement platform automating the request-to-reconciliation process.

## About

PayEm is a global spend and procurement platform that automates the entire request-to-reconciliation process for finance teams. It offers smart corporate cards, AI-powered invoice processing, and agile approval workflows to prevent rogue spending and streamline operations. The platform integrates with accounting software and ERP systems to provide audit-ready books and enhance fiscal responsibility.

## Key facts

- **Slug:** payem
- **Website:** http://www.payem.co
- **Location:** Tel Aviv, Israel
- **Founded:** 2019-04-20 00:00:00
- **Employees:** 40
- **Operating status:** Active
- **Total funding:** $207M
- **Sectors / tags:** Fintech, Payments, Embedded Finance, Spend Management, Procurement, Expense Management, Workflow Automation, B2B SaaS
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/payemcard/
  - Facebook: https://www.facebook.com/PayEm-100922072326032

## Frequently asked

### What does PayEm do?

PayEm is a global spend and procurement platform that automates the entire request-to-reconciliation process for finance teams. It offers smart corporate cards, AI-powered invoice processing, and agile approval workflows to prevent rogue spending and streamline operations. The platform integrates with accounting software and ERP systems to provide audit-ready books and enhance fiscal responsibility.

### What is PayEm's revenue?

StartupHub estimates PayEm's annual revenue at $11.1M (range $8.0M to $12.9M, 62% confidence), based on comparable companies in the sector.

### What is PayEm's valuation?

StartupHub estimates PayEm's effective valuation at $813.3M (range $517.5M to $1.2B, 10% confidence), based on comparable companies in the sector.

### How much funding has PayEm raised?

PayEm has raised a total of $207M in funding. The most recent round on record is Credit Facility.

### Where is PayEm headquartered?

PayEm is headquartered in Tel Aviv, Israel.

### When was PayEm founded?

PayEm was founded in 2019.

### What industry does PayEm operate in?

PayEm operates in Fintech, Payments, Embedded Finance, Spend Management, Procurement, Expense Management.

### How many employees does PayEm have?

PayEm has approximately 40 people on record.

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