PayFacto stands out as a pioneering force in the integration of payment and SaaS POS solutions tailored for the restaurant and hospitality sectors. Established in 2018 and headquartered in Canada, this innovative company delivers its services across Canada, the United States, and the United Kingdom. The company's slogan, "Leader in integrated payment and SaaS POS solutions for the restaurant and hospitality industry", encapsulates its mission and industry prominence.
With a reputation for expertise, agility, and exceptional execution, PayFacto empowers merchants to effectively manage electronic transactions through its proprietary payment gateway and SaaS-based point of sale technology. Its robust suite of integrated solutions is locally supported by an expansive network comprising hundreds of distributors and resellers.
The strategic financial positioning of PayFacto was underscored by a significant $150.00M Private Equity Round investment on 06 August 2021. Key investors in this round included industry heavyweights such as Flexpoint Ford and BMO Capital Markets, demonstrating strong confidence in the startup's trajectory. Operating primarily in the Payments industry, PayFacto continues to lead and innovate, positioning itself as a formidable player in the rapidly evolving financial technology landscape.