Tumipay is a treasury management platform that streamlines business payments. It facilitates mass payouts to various banks and digital wallets, simplifying financial operations for businesses.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses face challenges in efficiently managing and executing mass payouts, especially when dealing with various banks and digital wallets, leading to increased operational costs and potential errors. High commissions, interbank costs, and manual review processes further complicate financial operations.
Solution
TumiPay is a treasury management platform designed to streamline business payments and collections. The platform enables businesses to make mass payouts to any bank or digital wallet, simplifying financial operations through automation. TumiPay's client portal allows users to generate payment links for collections, make mass payments, view transaction analytics, and manage balances in real-time. By automating repetitive tasks and providing a centralized platform, TumiPay reduces operational costs, minimizes errors, and improves cash flow management.
Target Audience
TumiPay targets businesses of all sizes, including human resources, credit companies, cooperatives, real estate firms, property management companies, and schools, that require efficient solutions for managing payments and collections.
Features
- Mass payouts to any bank or digital wallet
- Payment link generation for online and offline collections
- Real-time transaction monitoring and reporting
- Client portal accessible on desktop and mobile devices
- Automated reconciliation to reduce manual errors
- Direct connection to CRM/ERP systems via API
- Integration with Simetrik for efficient financial reconciliation