Comma
Comma is a UK-based open banking fintech that enables small and micro businesses to execute bulk salary, tax, and invoice payments through accounting-system-integrated open banking rails, monetizing via transaction fees.
- Company typePrivate
- Founded2021
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Comma does
Comma is a UK-based, venture-backed open banking fintech founded in 2019 (per firmographic records; corroborated operating history begins 2021) and headquartered in London. The company operates a B2B platform that enables UK small and micro businesses to execute bulk payments — including salaries, taxes, and invoices — through open banking rails, with integrations into third-party accounting systems. Its core technology is an open banking bulk-payments platform; it is not disclosed to be built on proprietary AI/ML models. The product is sold via a sales-led motion into the UK SMB segment, with its commercial model based on transaction fees rather than disclosed SaaS subscriptions or published pricing tiers. The company is led by founder and CEO Tom Beckenham with Gianluca Pengo as CTO, operates with a headcount of 11–50, and has raised approximately £4.61M (≈$6.3M) across early-2021 venture rounds led by Connect Ventures, Octopus Ventures, and Village Global.
Comma monetizes via transaction fees generated through the open banking rails that move SMB bulk payments; no pricing tiers, contracts, or revenue figures are publicly disclosed. Its go-to-market is sales-led into a fragmented UK SMB base, with accounting-system integration positioned as a primary workflow requirement and time/cost savings on bulk payments as the core value proposition. Customer concentration cannot be triangulated — no named customer logos, ARR splits, or segment mix are present in the source data — and the company's name collides with an unrelated US reproductive-health startup ("Comma" operating the Sara period-tracking app) and with a Romanian credit-education website (Usecomma / usecomma.com). The legal entity name associated with the UK fintech is "Usecomma," consistent with its website domain usecomma.com; the Romanian and UK entities should not be conflated despite shared branding.
Comma firmographics
Firmographics- Name
- Comma
- Legal name
- Usecomma
- Website
- https://usecomma.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Comma is a UK-based open banking fintech that enables small and micro businesses to execute bulk salary, tax, and invoice payments through accounting-system-integrated open banking rails, monetizing via transaction fees.
- Ownership category
- akta.pro rank
Comma industry classification
Industry- Product category
- Business Payments Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Activities Related to Credit Intermediation (5223)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
- akta.pro secondary industries
- A2A Bill Pay & eInvoicing (Open Banking Enabled) (FSAMAFAL), A2A Collections & Direct Account Funding (FSAMAFAH), Bank Bill Pay (Consumer & Small Business) (FSAMAJAC), Payment Reconciliation, Reporting & Settlement Infrastructure (FSAGABAH)
Keywords
Where Comma is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
Comma business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Open Banking Bulk Payments: Platform enables small and micro businesses to perform bulk payments through open banking, integrating with accounting systems
- Reproductive Health Products: Personalized reproductive health products including biodegradable menstrual products and diagnostics services
Go-to-market motion2 records
Comma product offering
Product offeringCore offering
Comma provides an open banking platform that enables small and micro businesses to execute bulk payments — including salaries, taxes, and invoices — through direct bank connectivity. The platform integrates with accounting systems to streamline payment workflows and reduce manual reconciliation effort for finance teams.
Product overview
Comma operates two distinct business entities under the same name: (1) A UK-based open banking platform for small and micro businesses offering bulk payment capabilities with accounting system integration; (2) A reproductive health company with the Sara™ period tracking app as its core consumer product, with plans to expand into biodegradable menstrual products and diagnostics services.
Differentiator
Problem solved
Functional benefit
Products and services
- Comma Open Banking Payments Platform A B2B open banking platform for small and micro businesses in the UK that enables bulk payment execution — including salaries, taxes, and invoices — directly from a business bank account, with integration to accounting systems to streamline reconciliation.
Companies that use Comma
Customer profileSegments2 records
Ideal customer profiles1 record
Comma technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Comma partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights4 records
Comma competitors and assessment
Company assessmentDirect peers
- Pleo: European SMB expense and bill payment platform with corporate cards, accounting integrations, and automated payables. Closely comparable product surface and SMB target market to Comma.
- NorthOne: US SMB-focused digital banking and bill pay platform with strong accounting integrations. Comparable in targeting small businesses with payments, invoicing, and accounting workflows.
- Modulr: UK Payments-as-a-Service provider offering account, payment, and bulk disbursement infrastructure to SMBs and platforms. Comparable business model and target customer overlap with Comma.
- TrueLayer: UK open banking API platform enabling A2A payments, data connectivity, and instant bank payments for businesses. Directly comparable to Comma's open-banking-native payment infrastructure, with a developer/API-led approach.
- Tide: UK SMB-focused digital business banking and payments platform. Targets the same small and micro business segment with bundled banking, bulk payments, and accounting integrations.
- GoCardless: UK-based direct debit and open-banking-enabled recurring payments platform serving SMBs and enterprises. Closely comparable to Comma's open banking bulk payments offering, with deeper scale and a recurring payments focus.
Broad incumbents
- Plaid: Global open banking/data connectivity platform. Provides the underlying rails Comma depends on; a competitor if Plaid expands further into payments and SMB workflows.
- Revolut: Global digital banking and payments super-app. Broad incumbent offering bulk payments and SMB banking features that overlap Comma's wedge.
- Starling Bank: UK challenger bank with full SMB banking, payments, and accounting integrations. Established incumbent against which Comma competes for the same small business customers.
- Wise: Global cross-border and domestic payments platform. Adjacent incumbent with far broader scope but overlapping payment infrastructure and SMB customer overlap.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Comma social profiles
Digital presenceComma financial estimates
Financial estimateRevenue estimate
Valuation estimate
Comma leadership team
Management profileNumber of profiles
Profiles2 records
Comma funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Comma M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Comma
What does Comma do?
Comma provides an open banking platform that enables small and micro businesses to execute bulk payments — including salaries, taxes, and invoices — through direct bank connectivity. The platform integrates with accounting systems to streamline payment workflows and reduce manual reconciliation effort for finance teams.
Is Comma a public or private company?
Comma is a private company. It is classified as venture growth investor backed and is currently operating.
When was Comma founded?
Comma was founded in 2021. It employs 11 to 50 people.
Where is Comma based?
Comma is headquartered in London, United Kingdom, in the Europe region.
How does Comma make money?
Two revenue lines are on record. Open Banking Bulk Payments are the primary driver. The others are reproductive Health Products.
Who are Comma's main competitors?
Direct peers on record are Pleo, NorthOne, Modulr, TrueLayer, Tide and GoCardless. Broad incumbents are Plaid, Revolut, Starling Bank and Wise.
Does Comma have an API?
No public API is recorded for Comma.
What industry is Comma in?
Comma's product category is Business Payments Software. Its primary akta.pro industry code is BPAMAFAF, Bill Pay, Invoicing & Payables Platforms, with a secondary code of FSAMAFAL, A2A Bill Pay & eInvoicing (Open Banking Enabled). Its NAICS code is 52232 and its SIC code is 6199.