500 Labs

500 Global, formerly known as 500 Startups, is a venture capital firm and incubator based in Mountain View, California, founded in 2010. The firm specializes in seed investments, primarily focusing on early-stage technology and financial services startups across various sectors, including biotech, e-commerce, fintech, and digital healthcare. 500 Global operates a four-month accelerator program, where it typically invests between $0.05 million and $1 million for a 5 to 10 percent equity stake in companies with at least $100,000 in monthly revenue. The firm targets a global market, with particular emphasis on regions such as the Middle East, Asia, Europe, and Latin America. Since its inception, it has invested in over 2,200 startups and supports the growth of innovation ecosystems through educational programs and partnerships. 500 Global also prioritizes investments in companies led by minority founders, reflecting its commitment to diverse entrepreneurial leadership.

Amjad Ahmad

General Partner

Chandini Ammineni

Partner

André Marcel Bally

Investor Relations Associate

Amal Enan

Partner

Max Fram-Schwartz

Venture Partner

Twwo Pun Jaruthassanakul

Investment Associate

Yolanda Kim

Principal

Matt Lerner

Partner

Jon Li

Director, Investor Relations

Jasmine Liew

Investment Manager

Robert Neivert

Venture Partner

Khailee Ng

Managing Partner

Krating Poonpol Ph.D

Partner

Ruangroj Poonpol

Venture Partner

Natavudh Pungcharoenpong

Partner

Mameaw Sapprasert

Partner

Reena Sharma

Investor Relations Associate

Mike Sigal

Partner, FinTech

Sanjay Singhal

Partner, Canada

Tanya Soman

Venture Partner

Paulina Szyrmer

Head of Global Education

Pat Naranpat Thitipattakul

Investor

Tony Wang

Managing Partner

Paul Yoo

Chief Financial Officer

Past deals in Payments

PostEx

Venture Round in 2023
PostEx is a hybrid of receivables factoring solutions and courier services that pay invoice values upfront to e-commerce companies offering Cash on Delivery as one of their modes of payment.

Enter

Seed Round in 2022
Enter is a payments platform for the world's leading emerging market businesses.

Enter

Seed Round in 2021
Enter is a payments platform for the world's leading emerging market businesses.

Sanad Cash

Venture Round in 2021
Sanad Cash is a pay mobile app that helps employees relieve financial stress by getting them instant access to their salaries between paychecks.

Duithape

Venture Round in 2021
Duithape is a mobile payment and remittance platform based in Jakarta, Indonesia, founded in 2015. The company offers a system that allows users to conduct transactions without the need for a bank account. Its services include cash deposits and withdrawals, money transfers, installment payments, and social security transactions. By utilizing secure technology, Duithape enables customers to access essential banking services, making financial transactions more accessible for individuals who may be underserved by traditional banking systems.

Jasper

Seed Round in 2020
Jasper offers an online platform that allows its users to Simplify their job with online booking, virtual insurance and intake collection, mobile bill payments, and approval payment plans.

Stoovo

Seed Round in 2020
Stoovo, Inc. develops and offers Stoovo, an application to pay off loans, taxes, and bills with instant gigs. The application also offers financial advice through AI that analyzes spending, debt, and tax obligations in real-time. Stoovo, Inc. was incorporated in 2018 and is based in Sunnyvale, California.

Pariti

Seed Round in 2020
Pariti is a money management application platform. Their free app connects to your different bank accounts and credit cards to provide a simplified view of where you stand and a plan for improvement. They automatically forecast your upcoming income and bills to calculate how much you can afford to spend each week and provide proactive warnings to help you stay on track.

Split

Seed Round in 2020
Split Pte Ltd, founded in 2018 and based in Singapore, is a fintech startup that specializes in providing installment payment solutions. The company enables retailers and businesses to offer a buy now, pay later (BNPL) service, allowing customers to make purchases in three equal monthly payments. This service is available for online transactions, in-store purchases, and through various chat applications. Split's platform seamlessly integrates with e-commerce websites and applications, giving consumers the flexibility to finance their purchases through interest-free installments. By offering this payment option, Split aims to enhance the shopping experience for customers across various sectors including retail and social commerce.

Ajar

Seed Round in 2020
Ajar Technology General Trading Co. WLL specializes in developing mobile and web-based applications that facilitate rent payment and property management for the real estate market. Founded in 2014 and based in Sharq, Kuwait, Ajar offers a cloud service known as Ajar Online. This platform enables landlords to send automatic payment notifications, view payments in real time, and manage properties efficiently. For tenants, Ajar provides SMS and email alerts for rent payments, allows secure online payment options, and issues receipts upon payment. Additionally, the platform rewards tenants with discounts and incentives for making their rent payments online, enhancing the overall rental experience. Ajar has established itself as a leading property management and rent payment platform in the Middle East.

Curlec

Series B in 2020
Curlec is introducing a new bank to bank payment system that brings Direct Debit into the digital age, making it accessible to companies of all sizes. they enable businesses to easily collect payments from their customers, automate processes and ensure that they maintain a long term and cost effective relationship with them.

Mamo

Seed Round in 2020
Mamo Pay is a financial technology company that specializes in a peer-to-peer payments application, founded in 2016 and headquartered in Dubai, United Arab Emirates. The application allows users to transfer, receive, track, and split payments with family, friends, and businesses without incurring any fees. Mamo Pay enables users to connect their bank accounts, facilitating quick and secure money transfers. Additionally, the platform supports global payments in multiple currencies, offers virtual card issuance, and integrates with e-commerce platforms. This functionality helps businesses optimize their financial operations and gain insights into spending patterns.

Mamo

Seed Round in 2020
Mamo Pay is a financial technology company that specializes in a peer-to-peer payments application, founded in 2016 and headquartered in Dubai, United Arab Emirates. The application allows users to transfer, receive, track, and split payments with family, friends, and businesses without incurring any fees. Mamo Pay enables users to connect their bank accounts, facilitating quick and secure money transfers. Additionally, the platform supports global payments in multiple currencies, offers virtual card issuance, and integrates with e-commerce platforms. This functionality helps businesses optimize their financial operations and gain insights into spending patterns.

Curacubby

Seed Round in 2020
Curacubby is an organization management platform specifically designed for preschools and children's service providers. Founded by parents seeking a more efficient way to handle tuition billing and payments, Curacubby addresses common frustrations associated with traditional methods, such as handwritten reminders and confusion over late fees. The platform offers a suite of features including enrollment management, tuition management, online fundraising, and an online form builder, all aimed at streamlining operations and financial transactions. By automating these processes, Curacubby allows preschools to focus on their primary mission of caring for children, while also enhancing the experience for parents through secure and efficient payment options.

paynas

Pre Seed Round in 2019
Paynas is a Cairo-based company established in 2018 that provides a cloud-based human resource management and payroll platform tailored for small and medium-sized enterprises (SMEs). The platform offers a seamless payroll solution through real bank accounts and Visa cards, along with features for employee and payroll management, recruitment, task management, and attendance tracking. In addition to payroll services, paynas includes a benefits marketplace that offers affordable medical insurance and other employee benefits, promoting financial inclusion for employees and supporting the growth of SMEs. By integrating these services, paynas aims to deliver comprehensive HR solutions that meet the diverse needs of businesses and their workforce.

Split

Seed Round in 2019
Split Pte Ltd, founded in 2018 and based in Singapore, is a fintech startup that specializes in providing installment payment solutions. The company enables retailers and businesses to offer a buy now, pay later (BNPL) service, allowing customers to make purchases in three equal monthly payments. This service is available for online transactions, in-store purchases, and through various chat applications. Split's platform seamlessly integrates with e-commerce websites and applications, giving consumers the flexibility to finance their purchases through interest-free installments. By offering this payment option, Split aims to enhance the shopping experience for customers across various sectors including retail and social commerce.

Curlec

Seed Round in 2019
Curlec is introducing a new bank to bank payment system that brings Direct Debit into the digital age, making it accessible to companies of all sizes. they enable businesses to easily collect payments from their customers, automate processes and ensure that they maintain a long term and cost effective relationship with them.

NowPay

Pre Seed Round in 2019
NowPay, Inc. is a fintech company based in Cairo, Egypt, founded in 2018. It operates an online platform designed to enhance the financial wellness of corporate employees. The platform offers personal finance management services, allowing users to track savings, spending, budgeting, and borrowing. Additionally, NowPay provides a mobile application that offers detailed insights into employees' salaries, balances, and eligible loan amounts. The company partners with employers to facilitate advance salary payments, enabling employees to access their earnings at any time during the month without incurring liabilities, and to repay these advances over multiple months.

Stoovo

Seed Round in 2019
Stoovo, Inc. develops and offers Stoovo, an application to pay off loans, taxes, and bills with instant gigs. The application also offers financial advice through AI that analyzes spending, debt, and tax obligations in real-time. Stoovo, Inc. was incorporated in 2018 and is based in Sunnyvale, California.

Denarii Cash

Seed Round in 2019
Denarii Cash is a money transfer app.

paymennt.com

Seed Round in 2019
PointCheckout Holding Company Ltd, founded in 2017 and based in Dubai, United Arab Emirates, operates as an innovative online payment gateway specifically designed for loyalty and reward points. It allows users to redeem and spend their reward points seamlessly within a network of participating merchants. This platform was established to address the limitations in the redemption processes of various reward programs, including those offered by banks, telecoms, and airlines. By integrating just once into the PointCheckout network, reward programs can easily expand their redemption options, providing customers with greater flexibility and convenience when shopping online. PointCheckout thus simplifies the use of reward points, enabling customers to enjoy their rewards across a diverse range of online retailers.

YayPay

Series A in 2018
YayPay Inc. develops a cloud-based accounts receivable management software that automates payment workflows for finance, credit, and collections teams. Founded in 2015 and headquartered in New York, the company offers a range of solutions including dashboards for automated collections, payment predictions, and payer trends, as well as integration with popular platforms like Oracle NetSuite, Sage Intacct, Acumatica, QuickBooks, and Salesforce. YayPay's software utilizes data science and machine learning to improve the credit to cash process, facilitating credit assessments, invoicing, collections management, online payment processing, and cash application. The company targets mid-market and enterprise customers across various sectors, including manufacturing, wholesale, software, and consulting. As a subsidiary of Quadient S.A., YayPay has additional offices in Kyiv, Ukraine, and London, United Kingdom.

Rebeja Tus Cuentas

Seed Round in 2018
Rebeja Tus Cuentas helps people pay less interest on their mortgage loans and credit cards.

Ajar

Seed Round in 2018
Ajar Technology General Trading Co. WLL specializes in developing mobile and web-based applications that facilitate rent payment and property management for the real estate market. Founded in 2014 and based in Sharq, Kuwait, Ajar offers a cloud service known as Ajar Online. This platform enables landlords to send automatic payment notifications, view payments in real time, and manage properties efficiently. For tenants, Ajar provides SMS and email alerts for rent payments, allows secure online payment options, and issues receipts upon payment. Additionally, the platform rewards tenants with discounts and incentives for making their rent payments online, enhancing the overall rental experience. Ajar has established itself as a leading property management and rent payment platform in the Middle East.

paymennt.com

Seed Round in 2018
PointCheckout Holding Company Ltd, founded in 2017 and based in Dubai, United Arab Emirates, operates as an innovative online payment gateway specifically designed for loyalty and reward points. It allows users to redeem and spend their reward points seamlessly within a network of participating merchants. This platform was established to address the limitations in the redemption processes of various reward programs, including those offered by banks, telecoms, and airlines. By integrating just once into the PointCheckout network, reward programs can easily expand their redemption options, providing customers with greater flexibility and convenience when shopping online. PointCheckout thus simplifies the use of reward points, enabling customers to enjoy their rewards across a diverse range of online retailers.

paynas

Pre Seed Round in 2018
Paynas is a Cairo-based company established in 2018 that provides a cloud-based human resource management and payroll platform tailored for small and medium-sized enterprises (SMEs). The platform offers a seamless payroll solution through real bank accounts and Visa cards, along with features for employee and payroll management, recruitment, task management, and attendance tracking. In addition to payroll services, paynas includes a benefits marketplace that offers affordable medical insurance and other employee benefits, promoting financial inclusion for employees and supporting the growth of SMEs. By integrating these services, paynas aims to deliver comprehensive HR solutions that meet the diverse needs of businesses and their workforce.

PayForm

Seed Round in 2018
PayForm allows anyone to create simple and beautiful payment forms that support one shot and recurring payments in seconds and without any coding.

Enter

Seed Round in 2018
Enter is a payments platform for the world's leading emerging market businesses.

Curacubby

Seed Round in 2018
Curacubby is an organization management platform specifically designed for preschools and children's service providers. Founded by parents seeking a more efficient way to handle tuition billing and payments, Curacubby addresses common frustrations associated with traditional methods, such as handwritten reminders and confusion over late fees. The platform offers a suite of features including enrollment management, tuition management, online fundraising, and an online form builder, all aimed at streamlining operations and financial transactions. By automating these processes, Curacubby allows preschools to focus on their primary mission of caring for children, while also enhancing the experience for parents through secure and efficient payment options.

Bloome

Seed Round in 2018
Bloome provides service to receive flowers by subscription.

Payment24

Seed Round in 2018
Payment24 Pty Ltd. is a payment solutions provider based in Cape Town, South Africa, with additional operations in Berlin. Founded in 2014, the company specializes in developing and operating a card and mobile payment platform that focuses on fleet fuel management. Payment24 offers technology solutions that include fleet card systems for oil companies and auto dealerships, as well as various mobile and retail payment solutions. The company's innovations aim to enhance efficiency in fuel management, combat fuel fraud, and provide advanced payment options for clients. With a global reach, Payment24 is positioned as a key player in the international fuel payment solutions market.

moneytor

Pre Seed Round in 2018
Moneytor is helping automate debt collection. They endeavor to convert a frowned upon part of the financial chain into a happy experience for both, financial firms and their customers. By doing this, they shall help lenders reduce their recovery costs as well as default rates, while still maintaining friendly relations with their clients.

PayJoy

Convertible Note in 2017
PayJoy Inc. is a San Francisco-based company founded in 2015 that specializes in consumer financing solutions for smartphones. The company targets underbanked individuals in emerging markets, providing them with access to modern electronics they may not otherwise afford. PayJoy's innovative locking technology, combined with data science, allows customers to select a smartphone, make a deposit, and choose a flexible payment plan. Merchants can install PayJoy's software on their devices, which keeps the smartphones locked until the purchase is fully paid. This approach aims to expand access to affordable consumer finance, helping a significant number of people join the digital and financial landscape.

YayPay

Venture Round in 2017
YayPay Inc. develops a cloud-based accounts receivable management software that automates payment workflows for finance, credit, and collections teams. Founded in 2015 and headquartered in New York, the company offers a range of solutions including dashboards for automated collections, payment predictions, and payer trends, as well as integration with popular platforms like Oracle NetSuite, Sage Intacct, Acumatica, QuickBooks, and Salesforce. YayPay's software utilizes data science and machine learning to improve the credit to cash process, facilitating credit assessments, invoicing, collections management, online payment processing, and cash application. The company targets mid-market and enterprise customers across various sectors, including manufacturing, wholesale, software, and consulting. As a subsidiary of Quadient S.A., YayPay has additional offices in Kyiv, Ukraine, and London, United Kingdom.

Payment24

Seed Round in 2017
Payment24 Pty Ltd. is a payment solutions provider based in Cape Town, South Africa, with additional operations in Berlin. Founded in 2014, the company specializes in developing and operating a card and mobile payment platform that focuses on fleet fuel management. Payment24 offers technology solutions that include fleet card systems for oil companies and auto dealerships, as well as various mobile and retail payment solutions. The company's innovations aim to enhance efficiency in fuel management, combat fuel fraud, and provide advanced payment options for clients. With a global reach, Payment24 is positioned as a key player in the international fuel payment solutions market.

PayJoy

Convertible Note in 2017
PayJoy Inc. is a San Francisco-based company founded in 2015 that specializes in consumer financing solutions for smartphones. The company targets underbanked individuals in emerging markets, providing them with access to modern electronics they may not otherwise afford. PayJoy's innovative locking technology, combined with data science, allows customers to select a smartphone, make a deposit, and choose a flexible payment plan. Merchants can install PayJoy's software on their devices, which keeps the smartphones locked until the purchase is fully paid. This approach aims to expand access to affordable consumer finance, helping a significant number of people join the digital and financial landscape.

BillTrim

Seed Round in 2017
BillTrim LLC, founded in 2016 and based in Houston, Texas, specializes in reducing customers' bills across various services, including cable, Internet, cell phone, electricity, auto insurance, home phone, and home security. The company negotiates with service providers on behalf of its clients to secure the best rates, promotional offers, customer loyalty discounts, and additional credits. BillTrim employs proprietary technology and a dedicated team to continuously monitor bills, ensuring that customers pay the lowest possible amounts without the hassle of managing it themselves. Clients benefit from the company's expertise in negotiation and receive savings for a small percentage of the total reductions achieved.

Pay By Group

Seed Round in 2016
Pay By Group's white-label checkout solution is the fastest way for any merchant to integrate group-payment and installment capabilities into their online checkout. Our clients span travel, e-commerce, and healthcare and love the fact we increase conversions by 27% or more for this highly lucrative business segment.

PawnHero

Seed Round in 2016
PawnHero – the 1st online pawnshop in Southeast Asia, will solve this problem of expensive credit and interest rates. We provide an easy, fair and convenient way of overcoming short-term cash needs. This is a completely new way of doing business in the industry, truly revolutionary, created by genuine visionaries.

Drivio

Seed Round in 2016
Drivio is a reliable and secure way for residents and businesses to manage and pay government fines online. It developed a seamless payment solution that benefits both the consumer and the collector. Their mission is to provide an easy to use platform for all kinds of fines, leveraging modern technology to streamline the interaction and increase positive sentiment between governments and their constituents. The company was founded in 2013 and is based in New York, New York.

Xfers

Seed Round in 2016
Xfers Pte Ltd. is a Singapore-based company that provides an online platform for automated payment collection and disbursement. Established in 2014, it serves sellers and developers by facilitating online payments and enabling embedded checkout solutions. Its services allow businesses to instantly disburse payouts to vendors and contractors through an intuitive dashboard. Xfers also offers a Paylink feature, which allows individual sellers and merchants to generate links for collecting payments online. As a Major Payment Institution approved by the Monetary Authority of Singapore, Xfers specializes in e-money issuance services, helping businesses navigate the local banking and regulatory landscape while leveraging its APIs to reach underbanked populations.

Enter

Seed Round in 2015
Enter is a payments platform for the world's leading emerging market businesses.

Hivebeat

Seed Round in 2015
is an easy and powerful way for student organizations to take payments, sell tickets, manage members and promote events on campus.

Cheddar Up

Seed Round in 2015
Cheddar Up, LLC, founded in 2012 and based in Denver, Colorado, offers an online platform designed for easy collection of payments and information. The service allows users to manage group collections without the need for paper forms or traditional banking methods. Cheddar Up enables individuals and organizations to create collections quickly, share them, and receive payments from anyone, regardless of whether they have an account with the platform. In addition to facilitating payments, users can collect additional information such as t-shirt sizes or contact details, making it a versatile solution for various needs, including events, gifts, and fees. The platform streamlines the collection process, allowing users to focus on more important tasks.

Cardplanet Solutions

Seed Round in 2014
Cardplanet Solutions Limited is a Nairobi-based company specializing in cloud-based personal information solutions. Established in 2011, it develops innovative products that enhance efficiency and security in various sectors, including health, identity, payments, and loyalty. Among its key offerings is InstAid, a platform that allows organizations to create, manage, and distribute medical and nutritional e-vouchers through mobile technology. The company also provides PesaCard, an electronic wallet designed for children and youth receiving cash transfers, and CampoCard, an official identification and access card for university students and staff that facilitates on-campus purchases. Additionally, Cardplanet Solutions offers a unique Fuel and Loyalty Card program, which rewards users with points and discounts for everyday activities such as shopping, dining, and travel.

Paykind

Seed Round in 2014
They started in early 2013 as a platform that allowed parents to send money to their children in boarding schools in Kenya. Using the M-Pesa mobile money platform layered on top of NFC powered student IDs, They were able to help parents send money allocated specifically for educational supplies and food electronically to their children. Realizing the potential of electronic money transfers tied specifically to allocated expenses, They pivoted in September 2013 from student payment cards to electronic educational, medical and nutritional vouchers. Today Their main product is Paykind, an online e-voucher platform that enables individuals and organizations to send highly specified remittance packages using mobile phone technology.

Paidy

Series A in 2014
Paidy Inc. is a Tokyo-based company that offers a cardless payment platform for online shopping. Founded in 2008 and formerly known as Exchange Corporation K.K., Paidy allows consumers to make purchases using just their name and email address, eliminating the need for credit cards or pre-registration. The service is designed for mobile and instant-checkout, enabling users to buy online and settle their payments through a consolidated monthly bill. Paidy employs proprietary technology to assess creditworthiness, underwrite transactions, and ensure payment to merchants. This innovative approach caters to Japanese consumers who prefer not to use credit cards, thereby helping online vendors enhance their conversion rates, increase average order values, and encourage repeat purchases.

Pay By Group

Seed Round in 2014
Pay By Group's white-label checkout solution is the fastest way for any merchant to integrate group-payment and installment capabilities into their online checkout. Our clients span travel, e-commerce, and healthcare and love the fact we increase conversions by 27% or more for this highly lucrative business segment.

Monetsu

Seed Round in 2014
Monetsu (formerly myMoneycloud) is a next generation payments and financial platform. Their unique key management system and seamless payment service for crypto-currencies make Bitcoin as simple and easy to use as any social network.

UniPay

Seed Round in 2012
Mobile payments made easy in Brazil. If you're an on the go seller or independent professional UniPay is right for you. Start accepting credit cards using your mobile in just a few steps, no merchant account needed, no difficulties. UniPay: simple and safe.

Pay By Group

Seed Round in 2011
Pay By Group's white-label checkout solution is the fastest way for any merchant to integrate group-payment and installment capabilities into their online checkout. Our clients span travel, e-commerce, and healthcare and love the fact we increase conversions by 27% or more for this highly lucrative business segment.

Rewardli

Seed Round in 2011
Rewardli lets professionals and small business owners leverage the buying power in their social graph to get better deals and discounts on the products and services they buy. The company currently has "always-on" deals with over 60 national brands including Staples, FedEx Office, VistaPrint, GoDaddy, Expedia, Priceline and more. The percentage of money saved for a given user starts out at a base level and then increases as the members of their social graph are invited and start using the site.

FeeFighters

Seed Round in 2011
FeeFighters operates an online marketplace that simplifies the selection of credit card processing services for business owners. By allowing merchants to compare and choose from multiple bids in a reverse auction format, FeeFighters enables users to secure the best deals, often resulting in savings of approximately 40 percent on processing fees. Additionally, the company offers free tools, including a credit card processing calculator, to assist businesses in making informed financial decisions. This approach streamlines the process of finding a suitable merchant account provider, making it as straightforward as booking a flight online.

Flywire

Seed Round in 2010
Flywire operates an online payment platform that facilitates both domestic and international transactions, catering primarily to the education and healthcare sectors. The platform enables users, including international students and patients seeking medical care abroad, to make payments in various currencies through familiar online and offline options. By leveraging vertical-specific insights and technology, Flywire streamlines the payment process and enhances operational efficiency while minimizing risks associated with invoicing and payment reconciliation. The company, which was founded in 2009 and is headquartered in Boston, Massachusetts, has established partnerships with TRUE North and Adyen to bolster its offerings. With a significant portion of its revenue generated from the Americas, Flywire continues to expand its services to meet the needs of its diverse clientele.

FeeFighters

Seed Round in 2010
FeeFighters operates an online marketplace that simplifies the selection of credit card processing services for business owners. By allowing merchants to compare and choose from multiple bids in a reverse auction format, FeeFighters enables users to secure the best deals, often resulting in savings of approximately 40 percent on processing fees. Additionally, the company offers free tools, including a credit card processing calculator, to assist businesses in making informed financial decisions. This approach streamlines the process of finding a suitable merchant account provider, making it as straightforward as booking a flight online.