PayEm Secures $220M in Equity and Debt for Reimbursement and Spend Management Platform

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  • PayEm is a reimbursement and spend management platform.
  • It was founded by software developer Itamar Jobani after he couldn’t find an alternative to the reimbursement tool he was using at his healthcare company.
  • PayEm launched in 2019.
  • It has now secured $220M in equity and debt.