When was Payference founded?

Payference was founded in 2019.

Where is Payference located?

Payference is headquartered in Sunnyvale, United States.

Who is the current CEO of Payference?

Prashant Kumar of Payference. They have also founded 1 company.

How many employees does Payference have?

As of Mar 31, 2026, the latest employee count at Payference is 6.

Is Payference a funded company?

Payference is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Payference rank among its competitors?

Payference ranks 67th amongst 708 active competitors, of which 51 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Mimo, which secured $8.5M in Mar, 2025.

Who are the top competitors of Payference?

Payference's top competitors include Bill.com, Clear and Zuora. Among them, Mimo secured the most recent funding round in March, 2025.

Payference - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of finance automation solutions for accounts receivable and payable processes. The company offers software for cash application, credit and risk management, collections management, and bill presentment. It provides solutions for invoice processing automation, invoice capture, and supplier portals. The company delivers payment solutions, treasury management, and financial analytics. It offers services, support, and resources, including a knowledge center and success stories.

Website: payference.com
Email ID: *****@payference.com

Key Metrics

Founded Year

2019

Location

Sunnyvale, United States

Stage

Acquired

Investors

Forum Ventures & 2 more

Ranked

67^th among 708 active competitors

Employee Count

6 as on Mar 31, 2026

Similar Companies

Bill.com & 815 more

Exit Details

Acquired by Serrala (Jul 17, 2024)

View Payference's full profile

Payference got acquired by Serrala on Jul 17, 2024.

Click here to take a look at Payference's acquisition in detail

Payference is a funded company. Payference has 3 institutional investors.

View details of Payference's funding rounds and investors

The founders of Payference are Prashant Kumar and Vikas Panwar. Prashant Kumar is the CEO of Payference.

Here are the details of Payference's key team members:

Prashant Kumar: Co-Founder & CEO of Payference.
Contact Info: 1 email address
Vikas Panwar: Founder and CTO of Payference.

View details of Payference's Founder profiles and Board Members

Payference's employee count trend

Payference has 6 employees as of Mar 26. Here is Payference's employee count trend over the years:

Uncover Payference's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Payference include Bill.com, Clear and Zuora. Here is the list of Top 10 competitors of Payference, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bill.com 2006, Palo Alto (United States), Public	Provider of accounts payable, accounts receivable, and spend management solutions	$326M	August Capital, Icon Ventures & 28 others	84/100
2nd	Clear 2011, Bengaluru (India), Series C	Technology-enabled accounting and finance solutions for SMBs	$141M	Composite Capital Management, Kora & 27 others	79/100
3rd	Zuora 2007, Redwood City (United States), Acquired	Cloud-based invoice and subscription management solutions for businesses	$243M	Wellington, BlackRock & 27 others	77/100
4th	Melio 2018, New York City (United States), Acquired	Provider of accounts payable and receivable solutions for businesses	$654M	Coatue, American Express Ventures & 24 others	77/100
5th	Paymentus 2004, Atlanta (United States), Public	Provider of a platform for intelligent billing and payment solutions	$23.6M	Accel-KKR, HTIF & 2 others	73/100
6th	Lili 2018, New York City (United States), Series B	Digital bank for freelancers	$80M	Group 11, Zeev Ventures & 12 others	69/100
7th	Routable 2016, San Francisco (United States), Series B	Provider of accounts payable automation, vendor management, and payment solutions	$47.7M	Y Combinator, BoxGroup & 22 others	67/100
8th	Global Healthcare Exchange 2000, Louisville (United States), Acquired	Cloud-based healthcare supply chain solutions for efficiency and improved patient outcomes	-	Ares Capital Corporation, Golub Growth & 4 others	65/100
9th	Mimo 2023, London (United Kingdom), Seed	Cashflow and payments management platform for businesses	$28.1M	Northzone, Project A & 4 others	60/100
10th	Invoice Cloud 2009, Braintree (United States), Acquired	Provider of digital billing and payment platform for multiple industries	-	Summit Partners, Ares Capital Corporation ... & 1 others	59/100
67th	Payference 2019, Sunnyvale (United States), Acquired	Provider of finance automation solutions for accounts receivable and payable processes	-	Forum Ventures, Right Side Capital Management ... & 1 others	32/100