When was SAPI founded?

SAPI was founded in 2019 and raised its 1st funding round 5 years after it was founded.

Where is SAPI located?

SAPI is headquartered in London, United Kingdom.

Who is the current CEO of SAPI?

Mai Le of SAPI. They have also founded 2 companies and are an angel investors in 1 startup.

How many employees does SAPI have?

As of Mar 31, 2026, the latest employee count at SAPI is 223.

Is SAPI a funded company?

SAPI is a funded company, having raised a total of $14.6M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 13, 2024.

When was the latest funding round of SAPI?

SAPI's latest funding was a $***** Series A round on Nov 19, 2025, with participation from 2 investors.

Where does SAPI rank among its competitors?

SAPI ranks 21st amongst 481 active competitors, of which 71 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was SAPI, which secured $5M in Nov, 2025.

Who are the top competitors of SAPI?

SAPI's top competitors include Stripe, PayU and Flutterwave. Among them, SAPI secured the most recent funding round in November, 2025.

SAPI - 2026 Company Profile, Team, Funding & Competitors

SAPI is a series A company based in London (United Kingdom), founded in 2019 by Mai Le, Alexis Van Lennep and Michal Kot. It operates as a Lending as a service platform for business financing. SAPI has raised $14.6M in funding from Hudson Cove Capital Management. The company has 481 active competitors, including 71 funded and 66 that have exited. Its top competitors include companies like Stripe, PayU and Flutterwave.

Company Details

Lending as a service platform for business financing. It enables lending companies to offer business loans to sellers, earning a revenue share while growing the ecosystem. It offers a platform where businesses can get funded based on revenue. It also offers merchant advance and payment management solutions.

Website: sapi.com
Social
Email ID: *****@sapi.com

Key Metrics

Founded Year

2019

Location

London, United Kingdom

Stage

Series A

Total Funding

$14.6M in 3 rounds

Latest Funding Round

Series A, Nov 19, 2025, $*****

Investors

Hudson Cove Capital Management & 15 more

Ranked

21^st among 481 active competitors

Employee Count

223 as on Mar 31, 2026

Similar Companies

Stripe & 3470 more

View SAPI's full profile

SAPI has raised a total funding of $14.6M over 3 rounds. Its first funding round was on Mar 13, 2024. Its latest funding round was a Series A round on Nov 19, 2025 for $*****. 2 investors participated in its latest round. SAPI has 5 institutional investors and 11 angel investors.

Here is the list of recent funding rounds of SAPI:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 19, 2025	6473274	Series A	7945067	3692521	4414174	2397208
Nov 19, 2025	4332822	Conventional Debt	7502020	5383634	6708798	Passion Capital
Mar 13, 2024	2158346	Series A	8929039	4808162	8934296	Robert Dighero & 9 more

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View details of SAPI's funding rounds and investors

The founders of SAPI are Mai Le, Alexis Van Lennep and Michal Kot. Mai Le is the CEO of SAPI.

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

Mai Le: Co-Founder & CEO of SAPI and founder of 2 other companies, Automate Loan and Optimico. They are also an angel investor in 1 startup.
Contact Info: 3 email addresses
Alexis Van Lennep: Co-Founder of SAPI.
Contact Info: 1 email address
Michal Kot: Former Co-Founder of SAPI.

View details of SAPI's Founder profiles and Board Members

SAPI's employee count trend

SAPI has 223 employees as of Mar 26. Here is SAPI's employee count trend over the years:

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Top competitors of SAPI include Stripe, PayU and Flutterwave. Here is the list of Top 10 competitors of SAPI, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 120 others	87/100
2nd	PayU 2002, Amsterdam (Netherlands), Series C	Provider of payment solutions and credit products for online merchants	$35.1M	Naspers, Prosus & 4 others	84/100
3rd	Flutterwave 2016, San Francisco (United States), Series D	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Avenir Growth Capital & 71 others	83/100
4th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Iconiq Capital, Index Ventures & 14 others	80/100
5th	Worldpay 1993, London (United Kingdom), Acquired	Provider of payment processing solutions for online, in-store, and omnichannel commerce	$18M	Ares Capital Corporation, Partners Group & 4 others	77/100
6th	ACI Worldwide 1975, Omaha (United States), Public	Process and manage digital payments	-	JMI Management, Starboard Value & 2 others	76/100
7th	Checkout 2012, London (United Kingdom), Series D	Provider of payment processing and global money movement solutions	$1.83B	Coatue, DST Global & 14 others	74/100
8th	Taulia 2009, San Francisco (United States), Acquired	AI-based electronic invoicing and supply chain management solution for businesses	$220M	Trinity Ventures, Zouk Capital & 25 others	73/100
9th	Viva 2010, Marousi (Greece), Series B	Diversified payment processing solution for businesses	$98.3M	Tencent, Breyerlabs & 3 others	72/100
10th	Nuvei 2003, Montreal (Canada), Acquired	Provider of payment solutions, risk management, and banking and issuing services	$322M	Novacap, Goldman Sachs & 7 others	72/100
21st	SAPI 2019, London (United Kingdom), Series A	Lending as a service platform for business financing	$14.6M	Launchbay Capital, Digital Horizon & 14 others	62/100