2026The fastest way to send, approve, and pay invoices in any business.
This deck will walk you through what's changing and how to get started.
cleo-pay.com
2026The Team
Davidson Nascimento
Co-Founder & CTO
Senior SWE +8 years in Fintech
Kivanc "KP" Peltek
Co-Founder & COO
Pennovation Pitch Competition Winner, Senior Computer Science Student at Temple University
Duncan Abdelnour
Co-Founder & CEO
+10 years in hospitality + seasoned founder
cleo-pay.com
2026The Problem with Accounts Payable Today
Hospitality teams deal with fragmented payment methods, communication between deals & invoices, needing to get last minute vendors paid quickly, and zero visibility into spend & retroactive reporting.
“What was this payment for?”
Cluttered Email Chains
“Let me check with accounting”
Texts & Calls
“Circling back on payment status?”
Hours wasted categorizing payments
cleo-pay.com
2026The Solution
Automate, Approve, Pay
Cleo Pay is building the first business payments network that becomes your automated AP & AR team.
We help businesses get payments out the door faster while staying in compliance and control
We help vendors get paid faster and more visibility over their invoices and payment status
cleo-pay.com
2026Why Now
AI unlocks finance automation for SMBs
Invoice extraction, reconciliation, approvals, and vendor onboarding can now run end to end with near-perfect accuracy. Natural language workflows & rule based approval settings.
Businesses are undergoing an AI shift
Vendor counts are rising, margins are tightening, and operators must automate low-leverage back-office work to stay competitive.
Legacy AP systems are horizontal
Bill, Melio, and QuickBooks weren’t built for AI based billing, or multi-venue workflows, contractor payouts, commissions, and more.
Cleo Pay is becoming the first purpose-built Agentic AP platform for Business
We reached parity with incumbents in months, and our vertical focus lets us ship AI-driven workflows they can’t replicate.
cleo-pay.com
The Autonomous Business Payments Management Platform
Agentic workflows that automate manual work designed for small businesses and back-office teams.
cleo-pay.com
Total Addressable Market
Every Business needs to Pay & Get Paid
Cleo Pay's initial wedge is hospitality and events—an underserved industry with lots of vendors and contractors to pay.
Once we own this vertical, we will expand horizontally: any SMB with heavy vendor spend (construction, production, agencies) faces the same pain. The goal is to become the de facto payments platform for B2B payments.
$2.7B
Hospitality Software
The entire US hospitality & events industry annual software spend (about 900,000 businesses)
$10B+
AP/AR Automation
Accounts payable ($6B) plus accounts receivable ($4B) automation. Growing 12%+ annually.
cleo-pay.com
2026Traction
We're growing fast among top hospitality & event groups as our initial customers:
Since soft launch in June 2025
0+
Customers onboarded
0+
Vendors in-network
$0k+
Annual Recurring Revenue
$0+
In total payments volume processed
cleo-pay.com
2026Business Model
SaaS + Payments
Coming SoonRecurring subscription revenue paired with transaction-based payment processing fees.
Tiered plans based on volume, features, and team size.
Free
Limited plan to explore the platform.
$99/mo
For small teams getting started with payments.
$299/mo
Full feature access for growing businesses.
Custom
Tailored solutions for large organizations.
cleo-pay.com
2026Our Vision
Our mission is to become the #1 financial back-office for hospitality & events.
cleo-pay.com
2026Roadmap
What's Coming Next
Card Payments
Agentic Payment Processing
Cleo AI Insights
More Integrations
Native App
cleo-pay.com
2026Raising
$1.5M
Pre-Seed Round
Valuation
$12M Post Money Cap
Instrument
SAFE Note
Our pre-seed round is designed to fully bring us to market while developing agentic automation for the future of business payments.
cleo-pay.com
2026Use of Funds
Leveraging our Pre-Seed Round for 18 months of explosive growth
Product
45%-50%
3+ developers to increase product velocity along with design, QA, and mobile specific team members
GTM & Marketing
35%-40%
Continue Founder led sales while bringing on a GTM Engineer to get us in front of thousands of decision makers daily and a strong & nimble sales team to close deals.
Ops & Overhead
5%-10%
Maintaining high quality customer care for our network of payers & receivers is paramount.
Milestones
- Release Cleo Pay Agents
- Get to $2M+ ARR
- Process $100M+ in Payments
cleo-pay.com
2026Get in Touch
Book a Call
cleo-pay.com