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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 +1
Employees 228
Industries Financial Services, Fintech, Payments
Funding Stage Series D
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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 The company's dedication to transforming outdated systems underscores its mission to enable businesses to overcome barriers and achieve progress in the evolving landscape of finance and technology.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.

Taxonomy: 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 •••••• 7
Investor Investor Investor Investor Investor Investor
•••• •••• 		01 Jun 2023
Debt Financing •••••• - 01 Jan 2020
Venture Round •••••• - 19 Mar 2015
Venture Round •••••• 5
Investor Investor Investor Investor Investor
07 Feb 2014
Venture Round •••••• 4
Investor Investor Investor Investor
23 Jan 2013

View All 6 Funding Rounds

PayNearMe Alternatives & Competitors

PayNearMe vs
Loomis Pay
Loomis Pay Denmark

Loomis Pay provides payment solutions for merchants, offering end-to-end services for cash, card, an...

51-200 employees
Financial Services, Payments
Compare PayNearMe vs Loomis Pay
PayNearMe vs
Hepsipay
Hepsipay Turkey

Hızlı öde hep kazan!

128 employees
E-Commerce, Financial Services
Compare PayNearMe vs Hepsipay
PayNearMe vs
Hitachi Payment Services Pvt. Ltd.
Hitachi Payment Services Pvt. Ltd. India

End-to-end payments & commerce solutions.

Series Unknown
2781 employees
Financial Services, Payments
Compare PayNearMe vs Hitachi Payment Services Pvt. Ltd.

FAQ About PayNearMe

Payments, meet Progress.
PayNearMe was founded in 2009.
PayNearMe is headquartered in Santa Clara, United States.
PayNearMe operates in the following industries: Financial Services, Fintech, 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 Loomis Pay, Hepsipay, Hitachi Payment Services Pvt. Ltd., Agave Pay, Inc., Clearly Payments. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PayNearMe and Loomis Pay 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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