Mercoa
Mercoa, formerly known as Dinora, is a fintech company specializing in BillPay and Accounts Payable services for B2B platforms, offering rapid integration and monetization options.
Company Background
Mercoa, formerly known as Dinora, operates within the fintech industry and is particularly focused on providing financial technology solutions. It caters to B2B platforms and clients by offering bill payment and accounts payable services. Mercoa is part of the Y Combinator W23 batch, enhancing its credentials and providing it with support from a leading startup accelerator.
Services
Mercoa offers a range of services including BillPay and Accounts Payable solutions specifically designed for B2B platforms. The company's services enable these platforms to launch accounts payable automation and bill payment features within weeks. Key offerings encompass an email inbox, invoice OCR, and approval workflows for efficient management of accounts payable. Additionally, Mercoa supports monetization through premium payment methods and helps grow vendor networks by ensuring the safety of payment information.
Technology and Integration Options
Mercoa provides several technology integration options to its clients, including a drop-in iframe, React Components, and REST APIs for managing invoices and payments. The platform supports backend and frontend SDKs in languages such as TypeScript, Python, and Java. Its detailed documentation and developer tools enable seamless integration and customization of UI/UX through REST APIs. This level of integration allows platforms to go live in as little as three weeks.
Payment Methods
Mercoa offers multiple payment options to facilitate transactions. These include Virtual Card, Bank Transfer, and Check, providing flexibility and convenience for its users. By incorporating premium payment methods, Mercoa also supports monetization efforts for platforms utilizing its solutions.
Target Customers
Mercoa targets B2B platforms, Vertical SaaS, and FinTech companies as its primary customers. By offering robust accounts payable and bill payment solutions, Mercoa aims to streamline financial operations and enhance the service offerings of its clients. The company's tools and services are designed to be quickly integrable, allowing these platforms to offer enhanced financial features to their users efficiently.