Comma

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.

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

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

• Open banking payments
• Bulk payment processing
• Small business banking
• Accounting system integration
• Payment automation

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Open Banking Bulk Payments: Platform enables small and micro businesses to perform bulk payments through open banking, integrating with accounting systems
2. Reproductive Health Products: Personalized reproductive health products including biodegradable menstrual products and diagnostics services

Go-to-market motion2 records

Core 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.

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Direct 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

• LinkedInlinkedin.com/company/usecomma

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Comma