Strong Funding Backing Paper.id has secured significant Series B funding, including an undisclosed amount led by Square Peg Capital and a $12 million investment from Go-Ventures, highlighting investor confidence and growth potential in its B2B fintech solutions.

Expansion Through Partnerships The company recently launched a new payment method in collaboration with Shopee, indicating openness to strategic alliances that expand market reach and enhance service offerings.

Technology Adoption Utilizing advanced tech stack components such as Angular, Cloudflare, and Mautic, Paper.id focuses on secure, scalable, and user-friendly payment solutions, presenting opportunities to offer complementary integrations or support.

Market Growth Potential With revenue estimates between $50 million to $100 million and a sizable workforce, there is a significant opportunity to target mid-sized Indonesian enterprises seeking reliable cash flow solutions and advanced B2B payment services.

Focus on Business Payments Paper.id specializes in helping businesses manage late payments and improve cash flow, indicating that B2B clients in sectors like retail, e-commerce, and small enterprises could benefit from tailored fintech collaborations or customized payment solutions.