About apay
apay is a company based in Charlotte (United States) founded in 2019 was acquired by Ramsey Solutions in November 2021. apay operates in a competitive market with competitors including Splash Financial, Lend Grow, FitBUX, College Aid Direct and Sloan Servicing, among others.
- Headquarter Charlotte, United States
- SectorsFinancial Services
- Website apayfinancial.com
- Social LinkedIn X Facebook
- Acquired by Ramsey Solutions (Nov 2021)
- Investors
- Acquired byRamsey Solutions
(Nov 2021)
Investors in apay
apay has secured backing from 1 investor. Prominent investors backing the company include Ramsey Solutions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of financial education and tools for debt reduction and wealth building | 2008 | ramseysolutions.com | New York, United States |
Investor details for apay
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Timeline of apay
2 dated milestones of apay across 2 years, from founding to its latest funding, stage changes and deals.
- Founded apay is founded.
- Exit Acquired by Ramsey Solutions.
Competitors of apay
apay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Splash Financial, Lend Grow, FitBUX, College Aid Direct and Sloan Servicing, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| splashfinancial.com | 2013 | Cleveland, United States | $149.38M | 68 | Education loan refinancing is facilitated via an online marketplace. | |
| lendgrow.com | 2019 | Reston, United States | $225,000 | – | Online marketplace for lending products | |
| fitbux.com | 2015 | San Jose, United States | – | 10 | Student loans and refinancing are facilitated via an online platform. | |
| collegeaiddirect.com | 2007 | Mechanicsville, United States | – | – | College Aid Direct operates a digital marketplace for refinancing education loans to support borrowers. | |
| sloanservicing.com | 2023 | Omaha, United States | – | – | Provides comprehensive student loan servicing solutions to individuals. | |
| investyrefy.com | 2017 | Phoenix, United States | – | – | Yrefy is engaged in offering promissory note investments for accredited investors. | |
| silverlionsla.com | 2018 | Beachwood, United States | – | – | Operates a digital hub for student loan consolidation and advisory services. |
Detailed competitors of apay
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Latest news on Apay
Complete news archive for apay
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Similar companies to apay
10 companies that operate in the same segment as apay (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about apay
apay was founded in 2019.
apay is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Apay was founded in 2019 and is headquartered in Charlotte, United States. An online marketplace is operated by the company within the financial services sector, focusing on student loan refinancing. Borrowers are connected with lenders through the platform, enabling comparisons of refinancing terms and rates. Operations are conducted digitally, serving users across the United States without physical branches. The domain apayfinancial.com is utilized for all services.
apay's top competitors include Splash Financial, Lend Grow and FitBUX.
apay has 1 investor. Key investors include Ramsey Solutions.
Yes. apay was acquired by Ramsey Solutions in November 2021.