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Interview: ‘Digitisation Wave Among SMEs Led Revival Beyond Pre-COVID Levels’, says PayMate

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PayMate is charting a court to go beyond payments and venture lending and enterprise solutions going forward for small-medium enteprises in the country. "We are seeing a digitisation wave for payments and receivable, which is why we are going towards creating a full stack solution with invoice discounting and credit,"  business-to-business payments and lending fintech company PayMate India's founder and CEO, Ajay Adiseshann told MediaNama The company has around 150 large and medium enterprises, who in turn connect it with around 60,000 small and medium businesses, to whom it provides payments solutions at present. The company hopes to be an end-to-end fintech player, providing payments solutions, lending products and enterprise based solutions for small and medium businesses in the country, Adiseshann said. PayMate is currently in the midst of testing its new invoice discounting platform with a few clients and expects…

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Reports on banking, payments, fintech and crypto-curencies. Additional reporting on media regulations, data protection and other areas.

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