Acquisition Boost Corpay, Inc.'s acquisition of Paymerang, LLC for $475M in May '24 expands Paymerang's AP automation solutions, creating potential sales opportunities for Corpay in education, healthcare, hospitality, and manufacturing sectors.
Sector Partnerships Paymerang's partnerships with Veracross, Harris ERP, LeadingAge Southeast, and SimplyAP showcase a strong foothold in the education, government, and senior living sectors, presenting valuable sales avenues for AP automation services in these industries.
Industry Recognition Winning the Bronze Stevie and earning a spot on the Inc. 5000 list positions Paymerang as a reputable player in the financial services industry, enhancing credibility and opening doors for potential sales among medium-sized businesses seeking AP automation solutions.
Market Expansion Paymerang's collaborations with various organizations indicate a market expansion strategy, presenting sales opportunities for the company to reach a wider customer base across different sectors and geographies.
Revenue Growth Potential With a revenue ranging between $50M - 100M and recent funding of $10M, Paymerang exhibits financial stability and growth potential, making it an attractive partner for businesses looking to optimize AP processes, signaling fertile ground for sales engagements.
Paymerang, a Corpay Brand uses 8 technology products and services including W3 Total Cache, Q4, Artifactory, and more. Explore Paymerang, a Corpay Brand's tech stack below.
| Paymerang, a Corpay Brand Email Formats | Percentage |
| FLast@paymerang.com | 91% |
| First.Last@paymerang.com | 5% |
| First@paymerang.com | 4% |
Financial ServicesVirginia, United States201-500 Employees
Paymerang provides a streamlined finance automation platform that brings Accounts Payable departments into the modern age. Paymerang's platform saves AP departments thousands of hours annually, enhances visibility, increases accuracy, improves efficiency, and earns rebates while reducing paper, fraud risks, and operating costs.
Company Overview
Funding & FinancialsPaymerang, a Corpay Brand has raised a total of $10M of funding over 4 rounds. Their latest funding round was raised on Jan 25, 2021 in the amount of $10M.
Paymerang, a Corpay Brand's revenue is in the range of $50M$100M
Funding & FinancialsPaymerang, a Corpay Brand has raised a total of $10M of funding over 4 rounds. Their latest funding round was raised on Jan 25, 2021 in the amount of $10M.
Paymerang, a Corpay Brand's revenue is in the range of $50M$100M
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