How they describe themselves: Peyt Technologies is a private polish joint stock company registered in 2017. The company currently has 10 partners, most of which are highly qualified software engineers, award winning computer/data scientists and mathematicians. Peyt Technologies started as a spin-off from a leading face and document recognition technology provider in Poland.
In early 2017, Peyt Technologies started to develop the mobile app and invoice processing software basing on AI algorithms – Peyt. The App will have its debut on the European market in 2019, starting with the Polish market.
How they describe their product/innovation: Peyt – Payment Assistant
Peyt is an innovative mobile payment app working on AI algorithms. The app gives the possibility to process payment documents without the necessity of retyping data. Peyt automatically manages and organizes all invoices, bills and other documents.
Thanks to Peyt, payments (for invoices) have been never easier than now!
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions