Collecto

What Collecto does

Collecto Fintech Solutions Private Limited, operating under the brand BizPe, is a Bengaluru-based fintech founded in 2024 that provides a B2B payment collection and reconciliation platform for distributors and retailers in India. The company targets a specific operational pain point in Indian supply chains — the friction of collecting business-to-business payments from retailers and reconciling them against invoices — and reports 2,368+ businesses on the platform with cited customer outcomes including a 40% reduction in collection cycles, 60% working capital growth, and a DSO drop from 65 days to 22 days for named users.

The product consists of a two-sided mobile suite — a Distributor Side App for managing collections, reminders, cash discounts, and reconciliation, and a Retailer Side App for paying bills with multiple payment options and viewing transaction history — supplemented by a Windows desktop client. The technical foundation is direct, bidirectional integration with the two dominant Indian accounting/ERP platforms, Tally and Busy, enabling real-time data synchronization and auto-reconciliation without manual data entry. The platform is positioned around a six-step onboarding flow with a claimed 10-minute setup, automated invoice sharing with payment links, automated payment reminders (cited as increasing payment probability by 73%), and automated reconciliation claimed to reduce errors by 100%.

Collecto operates a success-based, transaction-fee revenue model in which customers pay only on a successful collection, with no upfront costs and a cancel-anytime policy; the take rate is not publicly disclosed. Go-to-market combines mobile-first product-led onboarding, a zero-investment channel partner program offering up to ₹1 Lakh monthly for affiliates with a dedicated account manager, and direct enterprise sales targeting distributors and retailers through "Book a Free Demo" calls-to-action. The company was bootstrapped through the founding stage and raised $260,000 in a seed round from Antler in October 2024, consistent with its 1–10 employee headcount and the early stage of its product rollout.

Name

Collecto

Legal name

Collecto Fintech Solutions Private Limited

Website

https://collecto.co.in

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

Collecto (DBA BizPe) is an India-based fintech that provides a B2B payment collection and reconciliation platform for distributors and retailers, with native ERP integration to Tally and Busy and a success-based transaction-fee pricing model.

Ownership category

akta.pro rank

Product category

B2B Payment Collection Software

NAICS

Collection Agencies (561440)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

First-Party (In-House) Collections & Servicing (FSAKAJAA)

akta.pro secondary industries

Early-Stage / Soft Collections (Pre-Delinquency, Reminders) (BPAAAEAC), Billing, Payments & Subscription Support (BPAAABAC)

Keywords

• B2B payment collection
• Invoice reconciliation software
• ERP accounting integration
• Automated payment reminders
• Distributor retailer payments

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Transaction-based Collection Fees: Collecto charges a success fee only when collections are successfully made. 'Pay only on successful Collection' model aligns company incentives with customer success. No upfront costs, cancel anytime structure reduces customer acquisition friction and churn risk.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Collecto (brand: BizPe) provides a mobile-first B2B payment collection and reconciliation platform for Indian distributors and retailers. The platform enables distributors to send invoices with payment links, automate reminders, accept multiple payment modes, and auto-reconcile incoming payments against Tally or Busy accounting software. Pricing is success-based — customers pay a fee only when a collection is successfully made, with no upfront cost and no fixed subscription.

Product overview

Collecto Fintech Solutions Private Limited operates BizPe, a unified B2B payment collection platform designed for Indian distributors and retailers. The platform consists of two companion mobile applications—the Distributor Side App for managing collections, cash discounts, and reconciliation, and the Retailer Side App for convenient payment options and transaction history—alongside a Windows desktop client. All components integrate natively with Tally and Busy accounting software for real-time ERP synchronization, automated invoice sharing, and auto-reconciliation. The platform is priced on a success-based model, charging only on successful collections.

Differentiator

Problem solved

Functional benefit

Products and services

• BizPe Platform Unified B2B payment collection and reconciliation platform for Indian distributors and retailers, with native Tally/Busy ERP integration, automated invoice sharing, smart payment reminders, real-time payment-to-invoice matching, and auto-reconciliation. Priced on a success-based model where customers pay a fee only when a collection is successfully made.
• Distributor Side App Mobile application for distributors to manage cash flow, sync with Tally or Busy accounting software, view who has and has not paid, send reminders, apply cash discounts, and automate reconciliation from a single tap.
• Retailer Side App Mobile application for retailers providing transaction clarity and payment flexibility, with real-time payment confirmations, multiple convenient payment options, complete transaction history, and automatically applied early payment incentives.
• BizPe Windows Client Windows desktop client application enabling users to collect money faster and streamline B2B payment operations, distributed as a downloadable application with full platform feature access for desktop-based workflows.

Quantifiable outcome

• 5X faster payment collection
• +7 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability1 record

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• Tally SolutionscoreTechnology or IntegrationTally is a popular Indian accounting software with which BizPe provides instant syncing and integration. The partnership enables automatic data synchronization, real-time reconciliation, and seamless workflow integration for Tally users without manual data entry. Multiple customers cite seamless Tally integration as key benefit.
• Busy Accounting SoftwarecoreTechnology or IntegrationBizPe syncs with Busy accounting software similar to Tally integration, enabling instant data synchronization with the Busy/Busy on Mobile app. Provides real-time ERP sync and auto-reconciliation for Busy users.

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Razorpay: Largest Indian digital payments and fintech platform with B2B payment links, invoices, and receivables products. While broader in scope, it increasingly overlaps with Collection's B2B payment and reconciliation space with far greater scale and capital.
• Cashfree Payments: Established Indian payment gateway and B2B payments provider offering payment links, collection APIs, and settlements for businesses. Comparable on the B2B collections and reconciliation experience, though at much larger scale.

Emerging players

• Khatabook: Indian mobile-first ledger and payment collection app for SMBs and shopkeepers. Addresses the informal end of the SMB collections market with lighter payment tracking features, partially overlapping with BizPe's retailer-side app.
• Karbon Card: India B2B fintech issuing corporate cards and embedded finance infrastructure for SMBs. Adjacent to Collecto's B2B payment flows, addressing the corporate payables/disbursement side rather than receivables collections.

Direct peers

• Open (Open Financial Technologies): India-based business banking and financial platform for SMBs that includes accounts payable/receivable and payment reconciliation. Targets the same SMB segment with a broader finance stack, including the ERP-integrated workflows Collecto addresses.
• EnKash: Indian B2B payments and corporate spend management platform offering payables/receivables automation and corporate cards for SMBs and enterprises. Overlaps with Collecto's collections and reconciliation use cases for Indian businesses.
• PayMate: India-focused B2B payments and SME working capital platform automating B2B collections, supplier payments, and credit for SMBs. Serves a similar distributor/SMB base with B2B payment automation.
• CredFlow: India-based B2B receivables and collections management platform for SMB distributors and wholesalers. Targets the same distributor-to-retailer payment flow with automated reminders, invoicing, and reconciliation — the closest direct competitor to BizPe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

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 Collecto