Versapay is an Fintech company offering an Accounts Receivable Software as a Service solution and Payment acquiring services.
Versapay was founded in 2006 as an electronic payments company and went public in 2010 (TSX-V: VPY). Versapay is a Fintech company and leading provider of cloud-based invoice-to-cash solutions, enabling businesses to provide a superior customer experience, get paid faster, streamline financial operations, and dramatically reduce DSO and costs. Versapay ARC is the new standard in accounts receivable and collections management with a customer self-service environment to view invoices online, collaborate on inquiries and disputes, and facilitate secure online payments (EFT/ACH and credit card). Businesses gain access to a suite of powerful tools that enable efficient collections, cash application and real-time insight into accounts receivable. Versapay ARC automatically reconciles payments and account information through integrations with a wide range of ERPs and accounting software providers.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 5, 2019 | Post-IPO Debt | $4M | 1 | National Bank of Canada | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
National Bank of Canada | Yes | Post-IPO Debt |