PAYZE
DefunctYC S21Tbilisi, GE · Founded 2020 · 4 employees · 2 known investors
PAYZE provides payment processing infrastructure for businesses operating in former Soviet Union countries, enabling them to accept international transactions through a single integration.
Founders & leadership· Y Combinator alumni (S21)
PAYZE was founded in 2020 by Gega Tsurtsumia and Kakha Gelashvili.
GT
Gega Tsurtsumiain𝕏FounderGega Tsurtsumia attended the US Naval Academy and worked as an ocean engineer before serving in the Georgian military. He has founded several companies prior to PAYZE.
KG
Kakha Gelashviliin𝕏FounderSoftware engineer who left Caucasus School of Technology and previously built and managed software for financial institutions. Founder of PAYZE, which provides payment processing infrastructure for businesses in former Soviet Union countries.
Investors · 2
Competitors · 10
by search overlapChase14 shared keywordsA wealth management and investing service (J.P. Morgan Wealth Management via Chase) offering self-directed brokerage accounts with commission-free online trades as well as one-on-one advisor services, financial planning tools, and retirement accounts. It serves individual retail investors ranging from beginners to experienced investors in the United States.
Stripe10 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Hands In9 shared keywordsHands In provides payment technology that lets customers split payments across multiple cards or between multiple people within existing checkout flows. It serves merchants in travel, ticketing, and retail to recover revenue lost from failed transactions and cart abandonment.
Jetlore9 shared keywordsJetlore was a Palo Alto AI startup that turned unstructured retail product data into structured attributes so merchants could personalise what each shopper saw. Founded by Stanford researchers, it raised from Sierra Ventures, Alsop Louie Partners, Fenox Venture Capital, BRM Capital and Mercury Fund, and PayPal acquired it in 2018.
Splitit9 shared keywordsSplitit provides embedded card-linked installment payments that let consumers split purchases using their existing credit rather than taking on new debt. It serves merchants, consumers, and banks as an alternative to traditional buy-now-pay-later models in the payments ecosystem.
APEXX Global9 shared keywordsAPEXX Global operates a payment orchestration platform that connects enterprise and high-growth merchants to global acquirers, payment providers, digital wallets, and BNPL options through a single API. Its features include intelligent and cost-based transaction routing, decline cascading, and consolidated reporting, serving sectors such as travel, retail/ecommerce, and mobility.
Kasheesh9 shared keywordsKasheesh offers a payment tool that links a user's existing credit and debit cards and generates a single Mastercard card that splits a purchase across multiple cards at any merchant accepting Mastercard. Aimed at consumers, its patent-pending technology helps manage credit utilization and combine payment methods without creating new debt, loans, or credit checks.
GoCardless8 shared keywordsGoCardless provides bank payment collection and open banking data access services. The platform enables businesses to collect domestic and international payments via bank accounts and securely access customer bank account data across 2,300+ banks in the UK and Europe.
Finix8 shared keywordsFinix provides embedded payments infrastructure for software platforms, acting as an outsourced PayFac (PayFac-as-a-Service) with end-to-end payments technology, compliance and risk management, merchant onboarding, and reporting tools. It serves software platforms that want to offer payment acceptance to their customers through white-labeled dashboards and a single API integration.
Helcim8 shared keywordsHelcim is a payment processing platform for small businesses, offering in-person, online, and phone card payments plus ACH, invoicing, payment links, and 40+ integrations. It uses Interchange Plus pricing with no monthly fees and provides APIs and embeddable payment forms for merchants.
Companies competing with PAYZE for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does PAYZE do?
- PAYZE provides payment processing infrastructure for businesses operating in former Soviet Union countries, enabling them to accept international transactions through a single integration.
- Who founded PAYZE?
- PAYZE was founded by Gega Tsurtsumia, Kakha Gelashvili in 2020.
- Who are PAYZE's investors?
- PAYZE's investors include Shilling VC, Y Combinator.
- Where is PAYZE headquartered?
- PAYZE is headquartered in Tbilisi, GE.