Fintech

$4.1M to Peak(flo) your finance team's productivity

July 7, 2022
Peakflo

Meet Peakflo! This Singaporean fintech makes it simple to collect payments and pay vendors. They just raised a $4.1M seed to take this even further!

  • They work with 50+ mid-stage companies and fast-growing startups like Ninja Van, Shipper, Pickupp, Hypefast and SariSuki.
  • They help finance teams save 100+ hours a month.

Investor check. Y Combinator, Soma Capital, Rebel Fund, Amino Capital, GMO Fintech Fund, CE Fintech Capital, Global Founders Capital and Entrepreneur First joined in.

  • 👼🏻: Oliver Jung, Amrish Rau, Alexander Kudlich and XA Network.
  • They last raised close to $1M when Peakflo was founded and $500K from Y Combinator.

🤷🏻‍♀️ Excel just doesn't excel anymore

Why it matters. Finance teams use a mix of ERPs, spreadsheets, banks, physical paper and accounting software to manage finances.

  • It's fragmented, slow, expensive and complicated.

🤑 Making that cash flow

They bring everything collectibles and vendor payments into one platform! Say bye to wasting time on repetitive finance tasks — focus on the real work.

Get paid (without the pain). Get paid 10–20 days faster. Plus, you'll even know who's seenzoning your payment reminder messages!

  • Create digital invoices with customizable discounts and tax rates.
  • Track invoices and send automated payment reminders.
  • Get a self-serve portal for customers to pay faster and receive all payments straight in your bank.

Make payments like a boss. Save 50-90% on vendor payment fees.

  • Capture bill details automatically or manually and schedule payments.
  • Pay local and international bills securely (and avoid nasty FX markups 😉).
  • Approve payments in one place and set custom approval workflows with the right stakeholders.

And more. They also integrate with your favorite accounting software, give insights into your current collections and predict future cash inflows.

🙋🏻‍♀️ Prep those resumes!

With the new $$$, a big focus is on hiring and growth!

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