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Volopay

YC S20

Bengaluru, IN · Founded 2019 · 11 employees · 15 known investors

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Volopay provides corporate cards, automated expense management, and accounting integrations for businesses. The platform targets finance teams in the APAC region seeking to streamline financial operations.

Enterprise SoftwareFintechSaaSB2BIndiaSingaporeSouth AsiaSoutheast AsiaFully Remote

Founders & leadership· Y Combinator alumni (S20)

Volopay was founded in 2019 by Rajith Shaji, Rajesh Raikwar, and Rajith Shaji 🤝‏.

RSRajith Shaji
Rajith ShajiFounder & CEOHe previously held product and growth leadership roles at fintech companies including MatchMove, MoneySmart, and BankBazaar, where he led product development on digital insurance and insurance provider integrations.
RRRajesh Raikwar
Rajesh RaikwarCo-founder & CTORajesh Raikwar has worked in fintech throughout his career and is developing corporate card solutions for small and medium-sized businesses at Volopay.
RSRajith Shaji 🤝‏
Rajith Shaji 🤝‏Founder & CEO
RR
Rajesh Raikwar Rajith ShajiFounder
RS
Rajith Shaji Rajesh RaikwarFounder
NV
Neha VermaHR

Investors · 15

Antlerlisted by AntlerSingapore · $125K

How we know: clay.com · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us

CP Ventureslisted by CP VenturesNorth Sydney · $100K – $500K

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Kube VClisted by Kube VC
Soma Capitallisted by Soma CapitalSacramento · $100K – $300K

How we know: funding news · somacap.com · open dataset · 5k.vc investor directory · Not right? Tell us

Sprint Vclisted by Sprint VcBangalore
Stonewater Ventureslisted by Stonewater Ventures

How we know: Stonewater Ventures's portfolio page · Not right? Tell us

VentureSouqlisted by VentureSouqAbu Dhabi · $100K – $10M

How we know: VentureSouq's portfolio page · funding news · vccircle.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · funding news · clay.com · open dataset · 5k.vc investor directory · Not right? Tell us

Access VenturesreportedHong Kong

How we know: funding news · Not right? Tell us

Jam FundreportedLos Angeles · $500K – $20M

How we know: vccircle.com · techcrunch.com · Y Combinator's founder network · Not right? Tell us

Rapyd VenturesreportedLondon · $1M – $10M

How we know: vccircle.com · Y Combinator's founder network · Not right? Tell us

Winklevoss CapitalreportedNew York · $100K – $5M

How we know: funding news · economictimes.indiatimes.com · Y Combinator's founder network · Not right? Tell us

Also in the syndicate · 2

Antler GlobalWhite Ventures

Funding

SEC filings, press & company announcements

$29M disclosed across 1 of 5 rounds · 2021–2025

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 10

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Pump.coPump provides discounted AWS cloud computing for early-stage startups through collective purchasing and automated optimization, with no setup or engineering required.
RampRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.
ConcourseConcourse is a platform that builds and deploys AI agents for enterprise finance teams, covering FP&A, accounting, treasury, and data functions. It connects to existing finance systems and delivers outputs through tools like Excel, Slack, Teams, and PowerPoint, with enterprise security and AI governance features.
CorporatefinanceinstituteCorporate Finance Institute offers an online specialization program teaching finance professionals how to integrate environmental, social, and governance (ESG) factors into financial analysis, valuation, and investment decision-making. The program covers ESG frameworks, sustainability integration, greenhouse gas accounting, and climate risk management across eight core courses.
DelegasiDelegasi provides automated financial statement preparation and business analysis for small businesses in Indonesia by processing uploaded receipts and bank statements.
IntuitIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
NovaNova provides software for deal management and data sharing in private markets, serving investors and financial professionals. The company was acquired by AngelList in 2023 and its products were rebranded as AngelList Transact and AngelList Data Room.
WiseWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.

Companies working in the same space as Volopay.

Legal entities · 1

corporate structure
Volopay.co Pte. Ltd

In the news

How Much Did Volopay Raise? Funding & Key Investorsclay.com · Apr 2025Singapore-based Volopay accelerates APAC and MENA expansion with $29M Series Atechcrunch.com · Apr 2022

Frequently asked questions

What does Volopay do?
Volopay provides corporate cards, automated expense management, and accounting integrations for businesses. The platform targets finance teams in the APAC region seeking to streamline financial operations.
Who founded Volopay?
Volopay was founded by Rajith Shaji, Rajesh Raikwar, Rajith Shaji 🤝‏ in 2019.
Who are Volopay's investors?
Volopay's investors include Accial Capital, Antler, CP Ventures, Kube VC, Soma Capital, Sprint Vc, Stonewater Ventures, VentureSouq and 5 more.
How much funding has Volopay raised?
Volopay has disclosed $29M raised across 1 of its 5 known rounds.
Where is Volopay headquartered?
Volopay is headquartered in Bengaluru, IN.