About My Payment Network
My Payment Network is a Financial Services company based in Madison (United States) founded in 2005. Payment acceptance solutions are provided for non-retail sectors like schools. My Payment Network has raised $200 thousand across 2 funding rounds from investors including Innovation Works and Arc Capital Development. My Payment Network offers products and services including Payment Software and Secure Payment Solution. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its legal entity is My Payment Network, Inc. Its competitors include Stripe, Square and PayPal; 3 of its 3 listed competitors have raised funding.
Company details
My Payment Network was founded in 2005 in Madison, United States. Payment acceptance solutions are delivered to non-retail sectors, including schools, small-to-medium service businesses, groups, and nonprofits. Core software encompasses virtual terminals, electronic invoicing, and customer management tools. SchoolPay supports education districts at an enterprise level, synchronizing data with student information systems, general ledgers, and cafeteria software for unified payment tracking. PCI-DSS compliant white label solutions are offered to businesses.
- Headquarters Madison, United States
- SectorsFinancial Services
- Website mypaynet.com
- Social LinkedIn
- Legal Name My Payment Network, Inc.
- Total Equity Funding$200K (USD)
in 2 rounds
- Latest Funding Round$200K (USD), Seed
Jul 2008
- InvestorsInnovation Works
& 1 more
Products & Services of My Payment Network
My Payment Network offers a comprehensive portfolio of products and services, including Payment Software and Secure Payment Solution.
Software for secure online payments and reconciliation reports.
Platform enabling payments via websites, mobile, and social media.
Funding Insights of My Payment Network
My Payment Network has successfully raised a total of $200K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $200 thousand completed in July 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $200,000
- Total Rounds 2
- Last Round Seed — $200,000
- Investors Count 2
All 2 funding rounds of My Payment Network with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2008 | $200,000 | Seed | – | – | |
| Nov 2006 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in My Payment Network
My Payment Network has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Innovation Works and Arc Capital Development.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Software, hardware, and life sciences startups are funded and accelerated. | 1999 | innovationworks.org | Pittsburgh, United States | |
Early-stage centric life sciences and tech focused micro-VC firm investing in geographies such as the US, Asia and Europe | arccd.com | Denver, United States |
Investor details for My Payment Network
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of My Payment Network
3 dated milestones of My Payment Network across 3 years, from founding to its latest funding, stage changes and deals.
- Founded My Payment Network is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $200K.
Competitors of My Payment Network
My Payment Network has 3 listed competitors in our database, 3 of them funded. They include Stripe, Square and PayPal.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| squareup.com | 2009 | San Francisco, United States | $519.75M | 11,372 | POS solutions are provided for retail businesses. | |
| paypal.com | 1998 | San Jose, United States | $216M | 27,200 | Online payment solutions are offered to consumers and businesses. |
Detailed competitors of My Payment Network
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of My Payment Network
The website of My Payment Network (mypaynet.com) receives about 8.4K visits a month.
- Monthly visits8.4K
▼ 6.9% vs previous month
Websites whose visitors overlap most with My Payment Network. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
schoolpay.com | schoolpay.com | 100% | #167,520 | – | |
| matsuk12.us | 84% | 60.9K | #672,177 | View details | |
| schoolpay.co.ug | 76% | 13.1K | #893,722 | View details | |
| psdschools.org | 72% | 294.4K | #169,471 | View details | |
| schoolpaymentportal.com | 69% | #371,295 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for My Payment Network
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as My Payment Network (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Frequently Asked Questions about My Payment Network
My Payment Network was founded in 2005 and raised its 1st funding round 1 year after it was founded.
My Payment Network is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.
My Payment Network is a funded company, having raised a total of $200K across 2 funding rounds to date.
My Payment Network was founded in 2005 in Madison, United States. Payment acceptance solutions are delivered to non-retail sectors, including schools, small-to-medium service businesses, groups, and nonprofits. Core software encompasses virtual terminals, electronic invoicing, and customer management tools. SchoolPay supports education districts at an enterprise level, synchronizing data with student information systems, general ledgers, and cafeteria software for unified payment tracking. PCI-DSS compliant white label solutions are offered to businesses.
My Payment Network offers Payment Software and Secure Payment Solution.
My Payment Network has 2 investors. Key investors include Innovation Works, and Arc Capital Development.
My Payment Network operates through My Payment Network, Inc..