OverviewSuggest Edit

AccessPay was formed in 2012 with an ambitious mission – to transform the way payments are sent and received around the world. By seamlessly connecting an organisation’s back office systems to its banks and providing a consolidated view of all banking relationships, AccessPay gives corporates near real-time visibility of all cash balances and provides insightful analysis that helps finance professionals maximise the use of working capital. AccessPay’s cloud-based solution provides ease of integration with any ERP, TMS or other back-end system. It handles any file type removing the need to manually rekey information and enables straight-through-processing of domestic and international payments through Bacs, FPS, CHAPS and SWIFT. The operational efficiencies delivered help to support a rapid return on investment.
TypePrivate
Founded2012
HQManchester, GB
Websiteaccesspay.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Feb 2021)106(+2%)
Revenue (FY, 2018)£2.8 M(+18%)
Cybersecurity ratingCMore

Key People/Management at AccessPay

Anish Kapoor

Anish Kapoor

Founder and CEO

AccessPay Office Locations

AccessPay has an office in Manchester
Manchester, GB (HQ)
City Tower, New York St
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AccessPay Financials and Metrics

Summary Metrics

Founding Date

2012

AccessPay total Funding

$11.4 m

AccessPay latest funding size

$9.99 m

Time since last funding

2 years ago

AccessPay investors

AccessPay's latest funding round in January 2019 was reported to be $10 m. In total, AccessPay has raised $11.4 m
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AccessPay Revenue

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AccessPay's revenue was reported to be £2.80 m in FY, 2018 which is a 17.7% increase from the previous period.
GBP

Revenue (FY, 2018)

2.8m

Revenue growth (FY, 2017 - FY, 2018), %

17.7%

Gross profit (FY, 2018)

2.0m

Gross profit margin (FY, 2018), %

72.9%

Net income (FY, 2018)

(2.0m)

EBITDA (FY, 2018)

(2.2m)

EBIT (FY, 2018)

(2.2m)

Cash (30-Apr-2018)

717.3k
GBPFY, 2014FY, 2016FY, 2017FY, 2018

Revenue

389.6k1.9m2.4m2.8m

Revenue growth, %

25%18%

Cost of goods sold

307.7k824.0k706.0k759.0k

Gross profit

81.9k1.1m1.7m2.0m
GBPFY, 2013FY, 2014FY, 2016FY, 2017FY, 2018

Cash

1.0m2.5m1.4m1.1m717.3k

Accounts Receivable

966.6k119.6k192.0k383.0k222.4k

Current Assets

2.0m2.6m2.3m2.1m1.6m

PP&E

5.9k30.0k27.0k96.8k
GBPFY, 2014FY, 2016FY, 2017FY, 2018

Net Income

(1.2m)(2.5m)(993.0k)(2.0m)
GBPFY, 2013

Financial Leverage

1 x
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AccessPay Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

AccessPay Online and Social Media Presence

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AccessPay News and Updates

AccessPay appoints Tim Butchart as chief revenue officer

Fast growth FinTech firm AccessPay has appointed Tim Butchart as its Chief Revenue Officer.

Gresham and AccessPay partner on Clareti Multi-Bank service

Gresham Technologies plc, the leading software and services company that specialises in providing re...

AccessPay banks $9 million in new funding as VCs hit the North

Manchester's bid to become a global tech-hub in the North of England has been boosted by the arrival...

AccessPay Blogs

Webinar: Learnings of a pandemic, what finance teams are doing now

In this webinar our panel of industry leaders, including CEO of AccessPay Anish Kapoor, will discuss the practical changes finance teams have made and will be making to overcome these new set of challenges. The post Webinar: Learnings of a pandemic, what finance teams are doing now appeared first o…

Is the UK still part of SEPA after Brexit?

Can UK corporates still make and receive SEPA payments after Brexit? We consulted with UK Finance and internal experts at AccessPay for everything you need to know… The post Is the UK still part of SEPA after Brexit? appeared first on AccessPay.

How to speed up international payments with process automation and get internal buy-in

Global manufacturer NSG used AccessPay to find the right payments and cash management solution. Treasury Risk and Reporting Manager Christopher Davies said: "The SWIFT solution found by AccessPay didn’t even exist in my mind a year ago". The implementation has revolutionised their payment operation…

Global manufacturer NSG improves cash visibility and connects to SWIFT

When it comes to improving payment processes in the corporate world, many decide to use the SWIFT network. The need for a centralised access point is key as well as advanced cyber security to allow fast, safe transactions to take place across the globe. This is something Christopher Davies, Treasury…

Why AccessPay is a step beyond Robotic Process Automation when it comes to speeding up your balance reconciliation process

With thousands of transactions flowing through your business each week, accurate and speedy bank reconciliation is critical to your reporting close process. You may now work with several banks, across multiple continents and currencies, together with multiple ERP systems which has complicated the re…

The security implications of Covid19 and remote work on the finance function

In our latest blog post we examine why prevention is better than a cure when it comes to fraud. There’s no denying Covid has impacted every element of our lives. When it comes to the world of work it is hard to imagine things going back to how they were at all, particularly in terms … Continued The …
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AccessPay Frequently Asked Questions

  • When was AccessPay founded?

    AccessPay was founded in 2012.

  • Who are AccessPay key executives?

    AccessPay's key executives are Anish Kapoor.

  • How many employees does AccessPay have?

    AccessPay has 106 employees.

  • What is AccessPay revenue?

    Latest AccessPay annual revenue is £2.8 m.

  • What is AccessPay revenue per employee?

    Latest AccessPay revenue per employee is £26.4 k.

  • Who are AccessPay competitors?

    Competitors of AccessPay include Eckoh, FreedomPay and Accumulate.

  • Where is AccessPay headquarters?

    AccessPay headquarters is located at City Tower, New York St, Manchester.

  • Where are AccessPay offices?

    AccessPay has an office in Manchester.

  • How many offices does AccessPay have?

    AccessPay has 1 office.