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.) (Apr 2021)111(+6%)
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 £2.8 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

75/100

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

Six reasons to sign up for the Accounts Payable Association event 2021

It may seem like a lifetime ago since you last step foot in a trade exhibition. But here at AccessPay we’re swapping plastic lanyards and long coffee queues for a digital exhibition (oooh very 2021) – and you’re all invited! The Accounts Payable Association (APA) appreciation week runs from May 17 t…

AccessPay leverages Open Banking to revolutionise cash management for corporates

In recent years the consumer has been at the heart of Open Banking innovation. Slowly but surely, corporates have been starting to reap the benefits of Open Banking across functions like payments, collections and credit risk. But the majority of successful use cases tend to fall under business-to-co…

Meet the AccessPay team – Mike Doherty

In this quick Q&A proud Scotsman Mike Doherty talks about his 30 years in the payments industry and his new role as Senior Product Manager at AccessPay… Tell us a bit about yourself I was born and raised in Dunfermline and, to my surprise, I’ve ended up back in my hometown. As a father-of-four, …

AccessPay launches product feedback portal – inspired by LEGO

Hundreds of customers are set to shape the future of AccessPay with our new product feedback portal. The easy-to-use feature, launched in 2021, invites users to share ideas for new functionality and useful features to further automate their finance function. The aim is to enhance user-experience of …

Meet the AccessPay team – Robart Hughes

In this quick Q&A Welsh-born account manager Robart describes the magic of his hometown and where he likes to take his two dachshunds Monkey and Mia   Tell us a bit about yourself Hi, I’m Robart Hughes and I’m 29-years-old from a small village on the south of Anglesey, North Wales. Where I grew …

Partner or compete: A dilemma for the modern day CFO

Adopting new technology creates faster, more efficient processes giving CFOs the competitive edge. But taking that leap is often easier said than done. Large corporates are lumbered with legacy systems – which are tricky to integrate – and often rely on teams performing time-consuming manual tasks. …
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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 111 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 £25.2 k.

  • Who are AccessPay competitors?

    Competitors of AccessPay include CloudPay, 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.