FundedIQ
Financial Services

Answer Pay: Funding, Investors & Team (Sep 2026)

Answer Pay is an API that offers digital invoice and cash collection services for banks and payment service providers. Its SPX™ interoperability platform enables PSPs to use their existing applications and portals with the Request to Pay secure messaging ecosystem.

answerpay.uk LinkedIn Leeds, United Kingdom 1-10 employees
Total raised
$100k
Rounds
1
Latest
Grant
Mar 2022

Answer Pay has raised $100k across 1 funding round on record, the most recent a Grant of $100k announced in Mar 2022.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Answer Pay Company Profile and Key Stats

Total funding raised
$100k
across 1 round on record
Funding rounds on record
1
Latest funding round
Grant
$100k in Mar 2022
Employees
1-10
reported band
Headquarters
Leeds, United Kingdom

Latest funding round on record: Mar 2022.

Answer Pay Funding Rounds

Date
Round
Amount
Grant
$100k

Answer Pay Founders and Leadership Team

Name
Role
Contact
Gary Parlett
CEO

No contact details are on record for this team yet.

Answer Pay Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
5,285
$4.0M
1,065

Answer Pay's latest round of $100k is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Answer Pay Funding FAQs

What does Answer Pay do?

Answer Pay is an API that offers digital invoice and cash collection services for banks and payment service providers. Its SPX™ interoperability platform enables PSPs to use their existing applications and portals with the Request to Pay secure messaging ecosystem.

How much funding has Answer Pay raised?

Answer Pay has raised $100k across 1 round on record. The most recent is a Grant of $100k announced in Mar 2022.

When did Answer Pay last raise funding?

Answer Pay's most recent funding round on record is a Grant of $100k, announced in Mar 2022.

Who is the CEO of Answer Pay?

Gary Parlett is listed as CEO at Answer Pay.

Where is Answer Pay headquartered?

Answer Pay is based in Leeds, United Kingdom.

How many employees does Answer Pay have?

Answer Pay is in the 1-10 employee band.

How does Answer Pay's funding compare to other Financial Services startups?

Answer Pay's latest round of $100k is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Answer Pay Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Answer Pay is left off this page rather than filled in.

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