Geniepay
Geniepay offers embedded B2B payment terms to help enterprise sales teams improve performance.
Backed by
SEED on October 30, 2023
About
Geniepay provides an enterprise sales enablement platform that integrates workflow automation with real-time financing, reducing administrative tasks and accelerating deal closures; in beta with cloud services and hospitality clients.
Mission
Geniepay offers a holistic enterprise sales enablement product that combines sales workflow automations with real-time financing options to reduce administrative burden and accelerate deal closure. The company claims its tools can cut sales cycles by 4–6 weeks and boost conversion rates by 60%. Geniepay launched its MVP two weeks ago and is running beta tests with two large clients (one an AWS Premier Partner cloud services provider and one in corporate hospitality), with additional discussions underway. The founders are focused on product development and hiring to iterate the product ahead of public launch. Antler invested at the pre-seed stage and the founders say the funding has been used for product development and hiring. The founding team includes CEO Sajid Bokhari, who previously grew Volopay to six figures in ARR in Australia in its first year, and CTO Eric Ding, who has experience building financial products for startups and Fortune 500 companies. Founded in June 2023, Geniepay is at pre-seed stage and is currently raising follow-on capital.
Quick Facts
Founded
2023
Funding
SEED
Industry
Financial Services
Team Size
1-10
Headquarters
Sydney, New South Wales, Australia
Careers
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