# Volopay: Information technology & services, Singapore, Singapore

> Volopay: Volopay is a spend management platform founded in 2020 in Singapore. Based in Singapore, Singapore. Founded 2020.

Source: https://millionrounds.com/startup/volopay (Millionrounds; every figure on the page links to its filing or article)

Singapore · [Information technology & services startup](https://millionrounds.com/companies)

# Volopay

Volopay is a spend management platform founded in 2020 in Singapore.

Funding reported Last round: Series A

Information technology & services Singapore, Singapore

Company summary

- **Founded:** 2020 6 years old
- **Team:** 150 51 to 200 people
- **Funding reported:** 31.3M as listed, currency not stated
- **Last round:** Series A Feb 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Volopay has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Volopay

Volopay is a spend management platform founded in 2020 in Singapore.

It aims to help businesses streamline their financial operations and gain better control over spending. The company combines various financial services, including business accounts, corporate cards, bill payments, expense reimbursements, and accounting automation into a single platform. Headquartered in Singapore, Volopay has operational hubs in India, Indonesia, the Philippines, and Australia, with plans to expand into the MENA region. The company holds a 'Major Payment Institution' license from the Monetary Authority of Singapore and has raised approximately $31.4 million in funding. Volopay serves a diverse range of B2B clients across sectors like FinTech, Travel, and Hospitality Tech, catering to businesses of all sizes, from startups to larger enterprises. Its tools are designed to enhance financial visibility and efficiency, making it easier for finance teams to manage expenses and approvals.

## What company datasets say Volopay raised

Funding, as reported

Reported in all **31.3M** in the source's currency

Rounds **5**

Last round **Series A**

Last round size **14.5M**

Last round date **Feb 2022**

Investors listed **19**

Y Combinator **S20**

## On 2 portfolio pages

Investors who name them

- [Saltwater Fund](https://millionrounds.com/fund/saltwater-fund)
- [Stonewater Ventures](https://millionrounds.com/fund/stonewater-ventures)

Each firm lists Volopay on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

erp integration security user experience expense reporting software expense policy automation integrated financial platform digital payments real-time tracking consumers payroll cards cloud-based platform spend control fintech for smes subscription expense control expenses management multi-currency wallets

Built with from their website

Amazon SES Google Tag Manager Amazon CloudFront Salesforce CRM Analytics HREF Lang PWA Tailwind CSS Postmark Google Workspace CloudFlare

+8 more

Microsoft Windows Viewport Meta LinkedIn Ads Google Play dc.js Ometrics Amazon Simple Email Service Amazon S3

- **Sector:** Information technology & services
- **Industry code:** NAICS 54121, 522320, 513210, SIC 7375
- **Revenue:** 2M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/volopay)

## Information technology & services in Singapore

Startups like it

- [**Lazada** Singapore · founded 2012 *Raised*](https://millionrounds.com/company/lazada)
- [**PixVerse** Singapore · founded 2023 *Raised*](https://millionrounds.com/company/pixverse)
- [**BIGO** Singapore · founded 2014 *Raised*](https://millionrounds.com/company/bigo)
- [**Carro** Singapore · founded 2015 *Raised*](https://millionrounds.com/company/carro)
- [**Video Rebirth** Singapore · founded 2025 *Raised*](https://millionrounds.com/company/video-rebirth)
- [**Patsnap** Singapore · founded 2007 *Raised*](https://millionrounds.com/company/patsnap)
- [**Ropedia** Singapore *Raised*](https://millionrounds.com/company/ropedia)
- [**Sign** Singapore · founded 2020 *Raised*](https://millionrounds.com/company/sign)

## Is this your company?

Add your raise, your deck and your story, and put Volopay in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)