Payfriendz, now branded as Paybase, is a United Kingdom-based company operating in the Financial Services, Fintech, and Payments industries. Established in 2013, the company recently repositioned itself by launching a new brand and website to highlight its B2B focus.
The newly unveiled Paybase Platform serves as a developer-native, comprehensive solution addressing Payments, Compliance, and Risk management needs. This shift caters to businesses requiring electronic money solutions, positioning Paybase as a critical player in modern fintech applications.
Payfriendz, the company’s millennial-focused payment transfer app, continues to operate on this platform, showcasing its versatile capabilities across both iOS and Android devices. The company's last recorded funding was a Seed Round from Berlin Ventures on 01 June 2014. Potential investors will find a company that has realigned its strategic focus while maintaining robust support for existing consumer-facing technologies.