Virtual Office & Project Management · B2B SaaS Provider
Paymo
Work management, time tracking and invoicing SaaS for small client-service teams.
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Profile record updated:
Company facts
- Official name
- Paymo LLC
- Entity type
- COMPANY
- Founded
- 2007
- Headquarters
- Cluj-Napoca, Romania
- Company size
- 10–49
- Market cluster / sector
- Virtual Office & Project Management
- Market role
- B2B SaaS Provider
- Official website
- paymoapp.com
What Paymo does
Paymo provides proprietary cloud software that centralises the workflow of client-service businesses: planning work, assigning resources, recording time, managing project financials and invoicing clients. It creates value by linking operational delivery data with billable hours, expenses and profitability reporting, reducing manual hand-offs between project-management, time-tracking and billing tools. Revenue is generated predominantly through recurring seat-based subscriptions.
Category differentiation
Paymo is a B2B work-management and billing SaaS platform, not a payment processor or a media-buying platform. Its online-payment capability supports client invoicing within its project workflow rather than operating as a standalone payment gateway.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
Paymo LLC operates Paymo, a cloud work-management platform for independent professionals and small teams managing client work. The product combines task and project management, team scheduling, time tracking, project accounting, invoicing, estimates, expense tracking, online payments, file proofing and profitability reporting. Its primary buyers are freelancers, consultants, agencies, marketing teams and small businesses that bill clients for project-based work. The company generates recurring revenue through freemium, per-user SaaS subscriptions, with a 15-day free trial and discounted annual billing. The platform converts tracked hours and expenses into invoices, making it a combined delivery-management and client-billing system rather than a standalone task-management tool.
Business model & monetisation
Paymo uses a freemium, seat-based SaaS model. A restricted Free plan supports customer acquisition, while Solo, Plus and Pro subscriptions are charged per user per month. Monthly list prices are $9.90, $15.90 and $23.90 per user respectively; annual billing reduces effective per-user monthly pricing to $5.90, $10.90 and $16.90. A 15-day no-card trial and temporary introductory pricing support conversion to paid subscriptions. Paymo does not depend on advertising, transaction take-rates or media inventory.
- Solo, Plus and Pro subscriptions
- Per-user recurring SaaS subscription
- Annual subscription commitments
- Discounted prepaid recurring SaaS subscription
- Free plan and trial acquisition funnel
- Freemium conversion
Products & capabilities
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Competitors & alternatives
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Work management software for teams, enterprises, and government agencies.
Work management software unifying tasks, docs, chat and AI.
Work management and business workflow software for teams and enterprises.
Project and PSA software for client service teams.
Enterprise work management software with subscription and add-on revenue.
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Recent recorded signals
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Questions about Paymo
What is Paymo?
Paymo is a cloud platform that combines project management, time tracking, scheduling, invoicing, client collaboration and profitability reporting.
Who uses Paymo?
Paymo is used by freelancers, consultants, agencies, marketing teams and small businesses managing billable client projects.
How does Paymo make money?
Paymo makes money through recurring per-user SaaS subscriptions across Solo, Plus and Pro plans, supported by free and trial conversion funnels.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
16 publicly documented primary sources and citations linked across the market graph.
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