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Payrecai

Software for identifying and recovering contra revenue and cutting service-provider costs for capital markets and corporate clients

Belfast, United KingdomFounded 2022payrecai.comWebsite technologies

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Highlights

  • Young companyFounded 2022
  • New on EvolcAdded 2026-11-04

About Payrecai

PayRecAI builds software for identifying and managing contra revenue, the cash flows that offset costs, such as interest compensation on late receipts, dividends, coupons and derivative cash flows. Its platform includes an interest compensation engine, a cross-product rate repository for recording service-provider charges, capital markets optimisation, claim management, analytics and reporting, a posting module, a payments module and a tax reclaim engine.

Customers are capital markets participants, including buy-side and sell-side firms, and corporate clients that manage legal, consulting and brokerage spend. The platform also offers internal and external benchmarking of service-provider rates.

The company was founded in 2022 and is headquartered in Belfast, United Kingdom. Co-founders Kerril Burke and Paul Burke previously founded Meritsoft, a receivables and payables software company for capital markets.

Product: Contra revenue and cost optimisation platform with interest compensation, rate repository, claim management, analytics and benchmarking modules.

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Website technologies

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