About Pace Payment
Pace Payment is a Financial Services company based in Stevenson Ranch (United States) founded in 1999, and was acquired by i3 Verticals in June 2019. Payment acceptance solutions are offered for offline and online transactions. Pace Payment has raised $18.89 million across 1 funding round from investors including i3 Verticals. Its chief executive, as recorded, is Paul Christians. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its competitors include Stripe, PayPal and Flutterwave; 3 of its 3 listed competitors have raised funding.
Company details
Pace Payments was founded in 1999 and is headquartered in Stevenson Ranch, United States. As an ISO of Wells Fargo, payment acceptance solutions are provided for both offline and online transactions within the financial technology sector. Indigenously developed software includes a web-based gateway and mobile point-of-sale applications. Third-party point-of-sale terminals are also supplied to support operations.
- Headquarters Stevenson Ranch, United States
- Stage Acquired
- SectorsFinancial Services
- Website pacepayment.com
- Social LinkedIn X Facebook
- Acquired by i3 Verticals (Jun 2019)
- Total Equity Funding$18.89M (USD)
in 1 rounds
- Latest Funding Round$18.89M (USD), Private Equity Round
Nov 2009
- Investors
- Acquired byi3 Verticals
(Jun 2019)
Funding Insights of Pace Payment
Pace Payment has successfully raised a total of $18.89M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $18.89 million completed in November 2009. 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 $18.89M
- Total Rounds 1
- Last Round Private Equity Round — $18.89M
- First Round $18.89M
(Nov 2009)
All 1 funding rounds of Pace Payment 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 |
|---|---|---|---|---|---|
| Nov 2009 | $18.89M | Private Equity Round | – | – | – |
1 investors in total: 1 institutional.
Investors in Pace Payment
Pace Payment has secured backing from 1 investor. Prominent investors backing the company include i3 Verticals.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Payment processing solutions are provided for diverse business verticals. | 2012 | i3verticals.com | Nashville, United States |
Investor details for Pace Payment
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People of Pace Payment
1 people are tracked at Pace Payment (1 in leadership).
| Name | Role | Group |
|---|---|---|
Paul Christians | CEO | Leadership |
Complete people profiles for Pace Payment
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Timeline of Pace Payment
3 dated milestones of Pace Payment across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Pace Payment is founded.
- Funding First funding round of $18.9M.
- Exit Acquired by i3 Verticals.
Competitors of Pace Payment
Pace Payment has 3 listed competitors in our database, 3 of them funded. They include Stripe, PayPal and Flutterwave.
| 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. | |
| paypal.com | 1998 | San Jose, United States | $216M | 27,200 | Online payment solutions are offered to consumers and businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | Provider of payment processing solutions for businesses |
Detailed competitors of Pace Payment
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Pace Payment (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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Related news about Pace Payment
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Frequently Asked Questions about Pace Payment
Pace Payment was founded in 1999 and raised its 1st funding round 10 years after it was founded.
Pace Payment is headquartered in Stevenson Ranch, United States. It is registered at Stevenson Ranch, California, United States.
Paul Christians is the CEO of Pace Payment, as recorded in our data.
Pace Payment is a funded company, having raised a total of $18.89M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $18.89M, raised on Nov 2009.
Pace Payments was founded in 1999 and is headquartered in Stevenson Ranch, United States. As an ISO of Wells Fargo, payment acceptance solutions are provided for both offline and online transactions within the financial technology sector. Indigenously developed software includes a web-based gateway and mobile point-of-sale applications. Third-party point-of-sale terminals are also supplied to support operations.
Pace Payment's top competitors include Stripe, Flutterwave and PayPal.
Pace Payment has 1 investor. Key investors include i3 Verticals.
Yes. Pace Payment was acquired by i3 Verticals in June 2019.