Paysme
Small-business financial 'super app'; wound down Jan 2024, creditors' liquidation Jun 2024, dissolved Nov 2025
- Companies House
- 07435577 · Dissolved on 18 November 2025
- How it ended
- Creditors' voluntary liquidation
- Ended
- 18 June 2024
- Founded
- 2010
- Sector
- Fintech
- Based in
- London
- Funding raised
- Undisclosed
- Last known website
- paysme.co.uk
- Last checked
- 21 October 2026
What happened
Paysme was a London fintech led by former BNY Mellon banker Derek Stewart that bundled mobile payments, e-commerce, banking, accounting, lending and insurance for small businesses into a single app it described as a super app, with sub-brands including Cab:app for taxi drivers, Marketti and Fanslive. The company was incorporated in 2010 as Cab:app Limited and renamed Paysme in 2017; by 2021 it said it served more than 3,000 small businesses in the UK and Ireland and launched a £1 million round on the Globacap platform. In January 2024 Stewart announced on LinkedIn that the business had wound down over the preceding weeks, saying the pressures of the pandemic and its aftermath had left it without the financial strength to reach its next milestone. Creditors appointed liquidators from Azets on 18 June 2024 and the company was dissolved on 18 November 2025.
Why
- Macro / market conditions
- Could not raise the next round
What happened to the assets, customers and team
Meghan Andrews and Chris Tate of Azets were appointed joint liquidators on 18 June 2024 in a creditors' voluntary liquidation; the final meeting was returned in August 2025 and the company was struck off following liquidation on 18 November 2025. No buyer for the brand or apps was reported.
Sources
- find-and-update.company-information.service.gov.uk
- find-and-update.company-information.service.gov.uk
- thegazette.co.uk
- fintechfutures.com
- finextra.com
- siliconrepublic.com
✓ Verified by EP+ Every Graveyard entry is checked against Companies House and the sources above, and re-checked periodically. Spotted an error or a company that has been rescued? Tell us.
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