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PayNearMe logo — Payments, meet Progress.

PayNearMe

Payments, meet Progress.

Founded 2009 United States Santa Clara, United States 228 employees Series D Total: $118.20M Financial Services, Fintech +1

General Information

Company Name PayNearMe
Founded Year 2009
Location United States Santa Clara, United States
Employees 228
Industries Financial Services, Fintech, Payments
Funding Stage Series D
Social

BounceWatch is an independent company data service, not affiliated with PayNearMe. To contact PayNearMe, visit home.paynearme.com.

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About PayNearMe

PayNearMe, with the slogan "Payments, meet progress," is a financial technology startup founded in 2009 and based in the United States. The company has positioned itself as a facilitator of the end-to-end customer payment experience, offering a modern and reliable platform that lowers the total cost of payments. Their technology increases acceptance rates, drives self-service, and simplifies exceptions, ensuring a seamless payment process for businesses. The most recent milestone for the company was a $45.00M Series D investment on 01 June 2023, with notable investors including Costanoa Ventures, August Capital, True Ventures, DNS Capital, H. Barton Asset Management, Queensland Investment Corp., and Verdure Capital Management. This significant investment reflects investor confidence in PayNearMe's potential for growth and impact in the financial services, fintech, and payments industries. One of the company's key offerings is its award-winning cash-at-retail network and Smart Link(TM) technology, which differentiates PayNearMe from its competitors and propels businesses forward in their payment strategies. As a wholly owned subsidiary of PayNearMe, Inc., PayNearMe MT, Inc. provides money transmission services, further highlighting the company's commitment to revolutionizing payment processes. With a strong focus on future-proofing their clients' payments roadmap, PayNearMe's inclusive approach encompasses all payment types and channels through a single contract and integration. The company's dedication to transforming outdated systems underscores its mission to enable businesses to overcome barriers and achieve progress in the evolving landscape of finance and technology. Follow PayNearMe on X and Facebook to stay updated on their innovative endeavors.

Business keywords: payment platform, cash payments, debit payments, credit payments, ACH payments, mobile payments, payment technology, mobile wallet integration, payment processing, consumer payments, payment solutions, cash payment network, money transmission services

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series D $45.00M 7
Costanoa Ventures August Capital True Ventures
Costanoa Ventures, August Capital +5
01 Jun 2023
Debt Financing $12.50M -
01 Jan 2020
Venture Round $14.70M -
19 Mar 2015
Venture Round $20.00M 5
GSV Ventures Maveron August Capital
GSV Ventures, Maveron +3
07 Feb 2014
Venture Round $10.00M 4
Maveron August Capital Khosla Ventures
Maveron, August Capital +2
23 Jan 2013
Series A $16.00M 4
Maveron August Capital Khosla Ventures
Maveron, August Capital +2
16 Nov 2010

PayNearMe Alternatives & Competitors

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PayNearMe vs
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PayNearMe vs
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FAQ About PayNearMe

Payments, meet Progress.
PayNearMe was founded in 2009.
PayNearMe is headquartered in Santa Clara, United States.
PayNearMe operates in Financial Services, Fintech and Payments. Its work centres on payment platform, cash payments, debit payments and credit payments.
PayNearMe has approximately 228 employees.
PayNearMe has completed 6 funding rounds, raising a total of $118.20M. The latest funding stage is Series D.
Top alternatives and competitors to PayNearMe include Centbee, Paystack, Satispay, Jetpara, PayNest . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PayNearMe and Centbee 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 PayNearMe, https://bouncewatch.com/company/paynearme, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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