Mercoa
About Mercoa
Provides a B2B accounts payable and bill payment API that enables vertical SaaS platforms to integrate AP automation, customizable payment options, and compliance workflows. By offering features like AI-powered invoice processing, vendor management, and accounting sync, it helps businesses streamline payments, reduce operational costs, and unlock new revenue streams.
<problem> Many vertical SaaS platforms lack native accounts payable (AP) and bill payment functionalities, forcing their users to rely on disparate systems and manual processes. This creates inefficiencies, increases operational costs, and limits the potential for SaaS providers to generate additional revenue. </problem> <solution> Mercoa provides a B2B accounts payable API that enables vertical SaaS platforms to seamlessly integrate AP automation, customizable payment options, and compliance workflows directly into their existing offerings. The API offers features such as AI-powered invoice processing, vendor management, approval workflows, and accounting synchronization, streamlining the entire AP process for users. By embedding Mercoa's API, SaaS platforms can provide visibility, control, and flexibility to their users' money-out processes, while also unlocking new revenue streams through payment monetization and premium payment options. Mercoa's composable architecture allows platforms to leverage the entire vertically integrated stack or import specific modules to fill gaps in their existing infrastructure. </solution> <features> - AI-powered OCR for automated invoice data capture, including line item extraction and custom fields - Hosted onboarding and KYB (Know Your Business) compliance management - Vendor management tools for capturing and managing vendor details - Configurable approval workflows to automate invoice approvals - Flexible payment options, including virtual card disbursements, pay-by-card, and BNPL (Buy Now, Pay Later) - Accounting sync with industry-standard and vertical-specific accounting systems and ERPs - Email inbox for each customer to forward invoices directly - Backend and frontend SDKs for languages like TypeScript, Python, and Java - React components and hosted iFrame options for UI customization - Recurring payments </features> <target_audience> Mercoa's primary customers are B2B fintechs, neobanks, and vertical SaaS platforms looking to embed accounts payable and bill payment functionality into their products. </target_audience> <revenue_model> Mercoa generates revenue through SaaS fees, payment monetization with customizable transaction fees, and premium payment options like virtual card disbursements. SaaS fees can generate an additional $20-300 per user per month. </revenue_model>
What does Mercoa do?
Provides a B2B accounts payable and bill payment API that enables vertical SaaS platforms to integrate AP automation, customizable payment options, and compliance workflows. By offering features like AI-powered invoice processing, vendor management, and accounting sync, it helps businesses streamline payments, reduce operational costs, and unlock new revenue streams.
Where is Mercoa located?
Mercoa is based in San Francisco, United States.
When was Mercoa founded?
Mercoa was founded in 2022.
How much funding has Mercoa raised?
Mercoa has raised 500000.
Who founded Mercoa?
Mercoa was founded by Sandeep Dinesh and Sai Arora.
- Sandeep Dinesh - Founder/CTO
- Sai Arora - Founder/CEO
- Location
- San Francisco, United States
- Founded
- 2022
- Funding
- 500000
- Employees
- 5 employees
- Major Investors
- Y Combinator