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Paerpay logo — Paerpay is the best payment experience for restaurants and t...

Paerpay

Paerpay is the best payment experience for restaurants and their guests

Founded 2017 United States Boston, United States 14 employees Series Unknown Total: $4.99M E-Commerce, Fintech +1

General Information

Company Name Paerpay
Founded Year 2017
Location United States Boston, United States +1
Employees 14
Industries E-Commerce, Fintech, Payments
Funding Stage Series Unknown
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About Paerpay

Paerpay, founded in 2017, offers a contactless payment solution tailored for restaurants experiencing the growing need for modern payment options. The company targets restaurants, particularly those with outdated POS systems, to bridge the gap in implementing contactless payment standards. Paerpay's offering stands out as it doesn't necessitate hardware or credit card processor replacements, providing a cost-effective and seamless transition to contactless payments. Notably, customers are not required to download an app, as the process is as straightforward as a text message. Paerpay recently secured a noteworthy $700.00K Venture Round investment on 13 June 2024. The investment signifies trust and potential for growth in the E-Commerce, Fintech, and Payments sectors, especially as the demand for contactless payment solutions continues to rise. Headquartered in the United States, Paerpay aims to revolutionize the payment experience for restaurants and their patrons, potentially attracting further investor interest.

Taxonomy: contactless payments, restaurant payments, payment technology, POS systems, legacy systems, merchant solutions, text message payments, payment innovation, hospitality industry, payments integration, payment processing, technology adoption, Boston startups

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• - 13 Jun 2024
Non Equity Assistance •••••• 1 •••• •••• 13 Jul 2023
Seed Round •••••• 6
Investor Investor Investor Investor Investor
•••• •••• 		09 Mar 2022
Seed Round •••••• 1 •••• •••• 08 Dec 2021
Grant •••••• 1
Investor
01 Oct 2021

View All 9 Funding Rounds

Paerpay Alternatives & Competitors

Paerpay vs
eThor
eThor United States

The new standard in restaurants payments. #eThor #contactlesspayment #POSIntegration

Series A
16 employees
E-Commerce
Paerpay vs
Figensoft
Figensoft Turkey

Türkiye'nin lider mobil teknoloji firması.

52 employees
Information Technology, Mobile
Paerpay vs
Maxa Group
Maxa Group United Kingdom

Tap to Pay Online

5 employees
Crypto, Mobile

FAQ About Paerpay

Paerpay is the best payment experience for restaurants and their guests
Paerpay was founded in 2017.
Paerpay is headquartered in Boston, United States.
Paerpay operates in the following industries: E-Commerce, Fintech, Payments.
Paerpay has approximately 14 employees.
Paerpay has completed 9 funding rounds, raising a total of $4.99M. The latest funding stage is Series Unknown.
Top alternatives and competitors to Paerpay include eThor, Figensoft, Maxa Group, Yazara, Joint Venture Pay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Paerpay and eThor are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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