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.
Type
Private
HQ
Manchester, GB
Founded
2012
Size (employees)
85 (est)
AccessPay was founded in 2012 and is headquartered in Manchester, GB
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Key People/Management at AccessPay

Anish Kapoor

Anish Kapoor

Chief Executive Officer
Sean Moriarty

Sean Moriarty

Chief Financial Officer
Sonia Leighton

Sonia Leighton

Service Delivery Director
James Higgins

James Higgins

Product Director
Dan Greenall

Dan Greenall

Marketing Director
Paul Burnett

Paul Burnett

Company Secretary

AccessPay Office Locations

AccessPay has an office in Manchester
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AccessPay Financials and Metrics

Summary Metrics

Founding Date

2012

Total Funding

$1.5 m

Latest funding size

$1.45 m

Time since last funding

2 years ago
AccessPay's latest funding round in May 2016 was reported to be $1.5 m. In total, AccessPay has raised $1.5 m

AccessPay Financials

AccessPay's revenue was reported to be £2.38 m in FY, 2017
GBP

Revenue (FY, 2017)

2.4 m

Gross profit (FY, 2017)

1.7 m

Gross profit margin (FY, 2017), %

70.3%

Net income (FY, 2017)

(993 k)

Cash (30-Apr-2017)

1.1 m
GBPFY, 2014FY, 2016FY, 2017

Revenue

389.6 k1.9 m2.4 m

Cost of goods sold

307.7 k824 k706 k

Gross profit

81.9 k1.1 m1.7 m

Gross profit Margin, %

21%57%70%
GBPFY, 2013FY, 2014FY, 2016FY, 2017

Cash

1 m2.5 m1.4 m1.1 m

Accounts Receivable

966.6 k119.6 k192 k383 k

Current Assets

2 m2.6 m2.3 m2.1 m

PP&E

5.9 k30 k27 k
GBPFY, 2014FY, 2016FY, 2017

Net Income

(1.2 m)(2.5 m)(993 k)
GBPY, 2017

Revenue/Employee

27 k

Debt/Equity

-0.1 x

Debt/Assets

0.1 x

Financial Leverage

-1.4 x
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