My Payment Network (MPN), founded in **2005** and headquartered in the **United States**, is a fintech startup that provides innovative solutions for businesses outside of the traditional retail sector to present and collect payments electronically. MPN offers user-friendly software that empowers non-technical users to efficiently manage a variety of payment tasks, facilitating a seamless eCommerce experience for their customers.
The company has developed two distinct software versions. The first is a core business version equipped with a virtual terminal and features for electronic invoicing and customer management, simplifying the transition of manual payments to an online environment. The second version, **SchoolPay**, is tailored specifically for the unique payment requirements of the K-12 education sector. This solution enables school districts to operate at an enterprise level, integrating seamlessly with student information systems, accounting, and cafeteria software.
Having received a **Seed Round investment** on **06 November 2006** from **Arc Capital Development**, MPN is positioned within the burgeoning industries of **Crypto, Financial Services, Fintech, and Payments**. This investment underscores potential confidence in MPN's capacity to digitize payment processes across various non-retail sectors, offering scalability and innovation to industry stakeholders.