Volopay
YC S20Bengaluru, IN · Founded 2019 · 11 employees · 11 known investors
Find your way into Volopay
61 people in our graph share verified history with the Volopay team — schools, employers, funds. One of them is your warm intro.
Vinnie Lauriaunlockedknows Rajesh Raikwar · together at Moneysmart (overlapped)
×2knows the team · via Moneysmart
×2knows the team · via Bankbazaar
×5knows the team · via Techmahindra
knows the team · via Moneyherogroup
knows the team · via MatchMove
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.
Founders & leadership· Y Combinator alumni (S20)
Volopay was founded in 2019 by Rajith Shaji and Rajesh Raikwar.
RS
Rajith Shajiin𝕏FounderHe 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.
RR
Rajesh RaikwarinFounderRajesh Raikwar has worked in fintech throughout his career and is developing corporate card solutions for small and medium-sized businesses at Volopay.
Investors · 11
AntlerSingapore · $3M – $10M
VentureSouqAbu Dhabi · $250K – $50M
Y CombinatorSan Francisco · $500K
Access VenturesreportedHong Kong · $200K – $10M
Accial CapitalreportedMiami
Jam FundreportedLos Angeles · $500K – $20M
Rapyd VenturesreportedLondon · $1M – $10M
Soma CapitalreportedSacramento · $100K – $300K
Winklevoss Capitalreported · 2 sourcesNew York · $100K – $5M
Also in the syndicate · 2
Antler GlobalWhite Ventures
Funding
SEC filings, press & company announcements$29M disclosed across 1 of 3 rounds · 2021–2022
- $29MraisedMar 2022 · 3 sources
Accial Capital (lead), JAM Fund (lead), Winklevoss Capital Management (lead), Antler Global, Rapyd Ventures, VentureSouq, White Ventures
Source ↗ - Undisclosed amountseed roundJan 2021Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 10
by search overlap
Bill.com Holdings, Inc.4436 shared keywordsBILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.
Ramp4217 shared keywordsRamp 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.
Corporatefinanceinstitute3278 shared keywordsCorporate 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.
Intuit®3076 shared keywordsIntuit 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.
Wise2950 shared keywordsWise 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.
Fresh Books2617 shared keywordsFreshBooks is a cloud-based accounting and invoicing platform designed for small service-based businesses. The software helps business owners manage invoicing, accounting, and financial connections with customers.
Brex2557 shared keywordsBrex provides financial services and software for companies, including corporate cards and expense management tools. The platform serves startups, scaled companies, and e-commerce brands to manage finances and spending.
GoCardless2407 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.
Tipalti2365 shared keywordsTipalti is an AI-powered finance automation platform that automates accounts payable, mass payments, procurement, and employee expenses for growing companies. The platform serves businesses seeking to streamline financial operations and reduce manual finance tasks.
Highradius2119 shared keywordsHighRadius provides software for order-to-cash and treasury finance operations, including credit, collections, deductions, cash application, and invoicing and payments automation. It serves large enterprises and Fortune 1000 companies looking to improve financial performance metrics such as Days Sales Outstanding.
Companies competing with Volopay for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
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 in 2019.
- Who are Volopay's investors?
- Volopay's investors include Antler, VentureSouq, Y Combinator, Access Ventures, Accial Capital, Jam Fund, Rapyd Ventures, Soma Capital and 1 more.
- How much funding has Volopay raised?
- Volopay has disclosed $29M raised across 1 of its 3 known rounds.
- Where is Volopay headquartered?
- Volopay is headquartered in Bengaluru, IN.