Paycast logo — Paycast provides secure online payment services for merchant...

Paycast

Paycast provides secure online payment services for merchants, marketplaces, and freelancers globally, partnering with acquirers.

Founded 2020 Series A Total: $34.00M Fintech, Marketplaces +1

General Information

Company Name Paycast
Founded Year 2020
Industries Fintech, Marketplaces, Payments
Funding Stage Series A
Social

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About Paycast

Paycast is a Fintech startup launched in 2020, offering secure online payment services for merchants, marketplaces, and freelancers worldwide. As the front-facing consumer proposition of the Shieldpay Group, Paycast is positioned as a secure payments engine designed for online merchants and e-commerce platforms. The company ensures secure transactions, safeguarding sellers' funds and providing a payments hub and digital wallet to freelancers, gig-economy workers, and online sellers. Paycast partners directly with acquirers and marketplaces, catering to C2C and B2B marketplaces globally. The company recently secured a notable $34.00M Series A investment on 10 December 2021, with participation from prominent investors Mastercard and Marqeta. This latest funding round underscores the investor confidence in Paycast's innovative approach to secure online payments. Notably, both Shieldpay and Paycast are authorized and regulated by the Financial Conduct Authority (FCA) for payment services in the UK, further emphasizing their commitment to regulatory compliance. With its focus on ensuring high-value transactions' security, Paycast is revolutionizing multiple sectors, including mergers and acquisitions and real estate. The company's accessibility across Europe, the USA, and Asia positions it as a global leader in the Fintech and payments space, making it an appealing investment opportunity for venture capitalists seeking exposure in the rapidly evolving digital payments landscape.

Business keywords: Secure Online Payment, Payment Services, Digital Wallet, Marketplace, Acquirers, Regulated by FCA, Global Payments, High-Value Transactions, Financial Security, Gig Economy, Multi-currency Payments, Global Expansion

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $34.00M 2
Mastercard, Marqeta
10 Dec 2021

Paycast Alternatives & Competitors

View All Alternatives
Paycast vs
Truzo™
Truzo™ United Kingdom

Simple and cost effective payment solutions to help you and your business go global. FCA UK & FSCA S...

Seed
7 employees
E-Commerce, Fintech
Paycast vs
FasterPay
FasterPay United Kingdom

The better way to get paid. FasterPay is the digital e-wallet platform ideal for online businesses.

7 employees
E-Commerce, Financial Services
Paycast vs

The online wallet for money movers and makers.

130 employees
E-Commerce, Financial Services

FAQ About Paycast

Paycast provides secure online payment services for merchants, marketplaces, and freelancers globally, partnering with acquirers.
Paycast was founded in 2020.
Paycast operates in Fintech, Marketplaces and Payments. Its work centres on Secure Online Payment, Payment Services, Digital Wallet and Marketplace.
Paycast has completed 1 funding round, raising a total of $34.00M. The latest funding stage is Series A.
Top alternatives and competitors to Paycast include Truzo™, FasterPay, Skrill, a Paysafe Experience, fastPay , Runa. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Paycast and Truzo™ 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.

Source: BounceWatch company record for Paycast, https://bouncewatch.com/company/paycast, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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