San Francisco, United States
Plastiq, established in 2012, positions itself as a transformative force for Small and Medium-sized Businesses (SMBs) seeking to enhance cash flow, streamline billing, and gain quick access to working capital. Operating at the intersection of E-Commerce, Financial Services, Fintech, and Payments, Plastiq offers a unique value proposition by allowing businesses to pay suppliers via credit card, regardless of acceptance, thus optimizing the cash conversion cycle.
Incorporated into Priority Technology Holdings, the fourth-largest non-bank payment entity in the US, Plastiq leverages a unified commerce platform accessed by over 800,000 customers. Its flagship service, Plastiq Pay, provides cost-efficient and flexible payment solutions, positioning it as a competitive edge in an environment where capital costs can be prohibitive.
The company last received a Series E investment on November 21, 2021, with backing from Gaingels, signaling continued confidence in its growth trajectory and technological integrations.
