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Assembly Payments

OverviewSuggest Edit

Assembly Payments (also known as PromisePay) is a fintech company that provides a payments service for business clients. It offers instore, real-time, and marketplace payment solutions.

TypePrivate
Founded2013
HQCollingwood, AUMap
Websiteassemblypayments.com
Employee Ratings4.5More
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Latest Updates

Employees (est.) (Sept 2021)71(+2%)
Cybersecurity ratingBMore
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Key People/Management at Assembly Payments

Simon Lee

Simon Lee

CEO, Co-Founder
Darren McMurtrie

Darren McMurtrie

CXO, Co-Founder
Simon Jones

Simon Jones

CTO, Co-Founder
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Assembly Payments Office Locations

Assembly Payments has offices in Collingwood, Melbourne, Sydney, St. Louis and in 2 other locations
Collingwood, AU (HQ)
48 Cambridge St
Melbourne, AU
Level 18/15 William St
Sydney, AU
level 12/201 Kent St
Pasig, PH
1 San Miguel Ave
Singapore, SG
7 Straits View, Marina One East Tower, #05-01
St. Louis, MO, US
555 Washington Ave
Show all (6)

Assembly Payments Financials and Metrics

Summary Metrics

Founding Date

2013

Assembly Payments total Funding

$32.3 m

Assembly Payments latest funding size

$20 m

Time since last funding

5 years ago

Assembly Payments investors

Kima Ventures, Cultivation Capital, SixThirty - FinTech Accelerator, Rampersand, Carsales, Mark Harbottle, Westpac's ReInventure Fund, Reinventure, Westpac
Assembly Payments's latest funding round in April 2017 was reported to be $20 m. In total, Assembly Payments has raised $32.3 m
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Assembly Payments Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

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Assembly Payments Online and Social Media Presence

Assembly Payments's Trends

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Assembly Payments News and Updates

May 24, 2021

Assembly Payments spin-off lands $25 million

White-label payment technology provider, mx51, which last year span out of fintech Assembly Payments, has raised $25 million in a round led by Acorn Capital, Artesian, Commencer Capital and Mastercard. The Sydney-based fintech claims to be the first Australian fintech to develop a bank-grade, modern…
April 07, 2021

Australian fintech Assembly Payments is merging into Irish forex marketplace CurrencyFair

The journey for Melbourne fintech Assembly Payments is set to end with the company being merged into Ireland-based cross-border payments platform CurrencyFair by one of the company’s key backers Standard Chartered. The British banking multinational launched a Singapore-based joint venture digital pa…
December 04, 2020

6 things Assembly Payments co-CEO Rimal Gokani loves about working from home

Every Friday, our new weekly column talks to CEOs, founders and tech leaders about the benefits they’ve discovered from WFH in 2020. This week it’s Rimal Gokani, co-CEO of Melbourne fintech Assembly Payments. Here are the six things that spark joy about Rimal’s home office life – and tune into the S…
February 11, 2020

Fintech Assembly Payments is launching e-commerce joint venture with UK banking giant Standard Chartered

British banking multinational Standard Chartered is launching a joint venture company with fintech Assembly Payments to develop next generation payment solutions for the US$29 trillion e-commerce sector. The deal is a major coup for Assembly Payments, which launched in Melbourne in 2014, began provi…

Assembly Payments Blogs

September 21, 2018

Real Time Payments Are Coming

The latest hot topic within the payments ecosystem, NPP or the New Payments Platform, is the technology that promises to disrupt the way banks and merchants handle online payments and transform how customers experience these transactions. In simple terms, NPP is an infrastructure designed to allow p…
September 10, 2018

Assembly’s been named one of LinkedIn’s Top Startups!

We’re pretty stoked to announce that Assembly Payments has been named one of LinkedIn’s Top Startups for 2018. The list honours the 25 most sought-after startups in Australia and is derived from a blended score of LinkedIn data together with editorial expertise, taking into account four core areas: …
August 21, 2018

Credit Card Fraud – Are you at risk?

What is Card Fraud Any kind of deceitful action aiming for a financial or personal gain is considered to be a fraud. When talking about credit or debit cards, which will be the focus of this article, it relates to when transactions are fraudulently committed to gain either money or goods through a m…
August 09, 2018

Maintaining Your PCI Compliance

At Assembly, we take security very seriously. One of the ways that Assembly ensures a secure environment for customers is through it’s adherence to the Payment Card Industry (PCI) Data Security Standard (PCI DSS). The PCI DSS is a set of security standards designed to ensure that all companies that …

 Assembly Payments Frequently Asked Questions

  • When was Assembly Payments founded?

    Assembly Payments was founded in 2013.

  • Who are Assembly Payments key executives?

    Assembly Payments's key executives are Simon Lee, Darren McMurtrie and Simon Jones.

  • How many employees does Assembly Payments have?

    Assembly Payments has 71 employees.

  • Who are Assembly Payments competitors?

    Competitors of Assembly Payments include Galileo Financial Technologies, Mission Lane and Stilt.

  • Where is Assembly Payments headquarters?

    Assembly Payments headquarters is located at 48 Cambridge St, Collingwood.

  • Where are Assembly Payments offices?

    Assembly Payments has offices in Collingwood, Melbourne, Sydney, St. Louis and in 2 other locations.

  • How many offices does Assembly Payments have?

    Assembly Payments has 6 offices.