About
YayPay is an AI-powered accounts receivable automation platform. NYC-based, founded 2015. Acquired by Quadient for $20M+ (July 2020). 3,000+ users globally. Now Quadient AR by YayPay. Named IDC MarketScape Leader for Midmarket AR Automation. Combines automated invoice delivery, collections management, credit assessment, payment and cash application.
Key Facts
- [1]Funding: Total funding: $15M. Last round: Jul 2020. Stage: Growth.
- [2]Employees: Employee count: 51-200.
- [3]Acquisition: Acquired by Quadient.
- [4]Company Type: Acquired company.
- [5]Website: Official website: yaypay.com.
- [6]AI Technology: Core AI/ML technologies: Predictive ML.
- [7]Region: Region: Americas (United States).
Founder
Anthony Venus
Co-founder & CEO
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is YayPay (Quadient)?
YayPay is an AI-powered accounts receivable automation platform. NYC-based, founded 2015. Acquired by Quadient for $20M+ (July 2020). 3,000+ users globally. Now Quadient AR by YayPay. Named IDC MarketScape Leader for Midmarket AR Automation. Combines automated invoice delivery, collections management, credit assessment, payment and cash application. YayPay (Quadient) is classified in the Enterprise Finance segment at the Applications layer of the financial AI stack.
Who founded YayPay (Quadient)?
YayPay (Quadient) was founded by Anthony Venus (Co-founder & CEO). The company was acquired by Quadient.
How much funding has YayPay (Quadient) raised?
YayPay (Quadient) has raised $15M in total funding, placing the company at the Growth stage. The most recent round closed in Jul 2020. Among 79 funded Enterprise Finance companies, YayPay (Quadient) ranks #67 by total capital raised. (Source: AIFI Map directory.)
What AI technology does YayPay (Quadient) use?
YayPay (Quadient) primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Enterprise Finance segment, 58 companies use this technology.
What market segment does YayPay (Quadient) operate in?
YayPay (Quadient) operates in the Enterprise Finance market segment. AI enterprise finance companies are automating and enhancing the financial operations of businesses — from accounting and treasury management to financial planning, analysis, and corporate finance.
Where is YayPay (Quadient) headquartered?
YayPay (Quadient) is headquartered in New York, United States. The company operates in the Americas region. The team consists of 51-200 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are YayPay (Quadient)'s competitors?
Companies similar to YayPay (Quadient) in the Enterprise Finance space include Unit21 ($92M raised), Kaaj ($4M raised), Lendbuzz ($310M raised), Ramp ($2.3B raised), Brex ($1.5B raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Kaaj focuses on agentic ai for small-business lending automation. Lendbuzz focuses on ai auto financing for underserved populations. (Based on AIFI Map classification data.)
What products does YayPay (Quadient) offer?
YayPay (Quadient) builds applications-layer solutions for the financial services industry. The company's core offering: AI-powered accounts receivable. The platform is powered by Predictive ML technology.
Is YayPay (Quadient) publicly traded?
YayPay (Quadient) is no longer independently traded. The company was acquired by Quadient. Prior to the acquisition, YayPay (Quadient) had raised $15M in venture funding.