Assembly

paymentssoftware/whitelabel/apis-payments

FOUNDING YEAR: 2013
LOCATION: Australia
Last Update: 10/07/2020

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

About

PromisePay was rebranded as Assembly on Feb 2017, it provides a payment platform that enables businesses to accept, manage and disburse payments in a flexible manner. The platform allows buyers and sellers to carry out escrow transactions.

Focus

PRODUCTS & SERVICES

Payment engine to facilitate payments, invoices for buyers & sellers at marketplaces like trading, realstate, auto & vehicles

REVENUE MODEL

The company earns revenue by charging a transaction fee from customers.

MAIN CLIENTS

Flippa

AirTasker

carsales

Hipages

Fergus

Traction

VALUATION / MARKET CAP:

$13.33 M in 2015

People

BOARD MEMBERS AND ADVISORS

Tim Stern

Paul Naphatali

Simon Lee

Simon Jones

Darren McMurtrie

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Cultivation Capital

Kima Ventures

Mark Harbottle

Rampersand

Reinventure

SixThirty

SixThirty - FinTech Accelerator

Westpac

KEY EMPLOYEES:

Simon Lee (CEO)

Darren McMurtrie (CXO)

Simon Jones (CTO)

Momentum

FUNDED

YES

TOTAL FUNDING

$32.25 M

DATE OF LAST FUNDING

Apr 2017

SEED & PRIOR FUNDING

$250 K

SEED CLOSED ON

Apr 2014

SEED PRIOR FUNDING COMMENT

Cumulative funding indicated

FUNDING SERIES

SERIES A  · $10 M  · Jun 2016

OTHERS  · $22 M · Apr 2017

LISTED

NO

Innovation Programs

BASICS

FOUNDING YEAR:

2013

LOCATION:

Australia

Views:

143 VISITORS | 312 VIEWS
LATEST FUNDING ROUND

$32.3 M

TOTAL EMPLOYEES
51-200

About

PromisePay was rebranded as Assembly on Feb 2017, it provides a payment platform that enables businesses to accept, manage and disburse payments in a flexible manner. The platform allows buyers and sellers to carry out escrow transactions.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

Innovation Programs

Join the exclusive global FinTech community

Be a part of the global FinTech community on Slack