New York | Dec 2018
Having invested in YayPay twice previously, Gaingels is pleased to announce our participation in their series seed.
CEO Anthony Venus is a serial entrepreneur; the accounts receivables headache YayPay is solving with data and automation was actually something he had struggled with at previous companies.
YayPay is an automated accounts receivable platform that makes collecting money fast, easy, and highly predictable for businesses. YayPay integrates with multiple accounting, ERP, billing, and CRM applications to help their customers better predict AR invoice payment and increase revenue. YayPay’s customers see 3 times more efficiency in their finance teams and accelerated cash inflow by 10-20%.
Anthony Venus said: "YayPay is delighted to once again have Gaingels behind us. They have been a considerable asset to the company as both a well connected network and in an advisory capacity, as well as participating in subsequent rounds since first joining our cap table two years ago."