About Paragon Payment Solutions
Paragon Payment Solutions is a company based in Scottsdale (United States) founded in 2017 by Roy Bricker was acquired by Paya in April 2021.. Paragon Payment Solutions offers products and services including PUREfac, PUREcloud, Hosted Payments, Mobile SDK, and ACH. Paragon Payment Solutions operates in a competitive market with competitors including Flutterwave, Square, Modern Treasury, HighRadius and Nuvei, among others.
- Headquarter Scottsdale, United States
- Founders Roy Bricker
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Blue Parasol Group, Llc
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Products & Services of Paragon Payment Solutions
Paragon Payment Solutions offers a comprehensive portfolio of products and services, including PUREfac, PUREcloud, Hosted Payments, Mobile SDK, and ACH. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Facilitates payment processing for software providers
Handles tokenization and card account updates securely
Provides secure hosted payment options for merchants
Enables mobile wallet integration for payments
Offers automated clearing house processing solutions
Funding Insights of Paragon Payment Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Paragon Payment Solutions
Paragon Payment Solutions has secured backing from 1 investor. Prominent investors backing the company include Paya. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Payment gateway solutions are offered to businesses and merchants.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Paragon Payment Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Paragon Payment Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paragon Payment Solutions Comparisons
Competitors of Paragon Payment Solutions
Paragon Payment Solutions 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 Flutterwave, Square, Modern Treasury, HighRadius and Nuvei, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Payment processing and treasury management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Autonomous finance and payment solutions are provided to businesses.
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| domain | founded_year | HQ Location |
Payment processing solutions are delivered to merchants and businesses.
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| domain | founded_year | HQ Location |
Employee benefit administration and payment solutions are provided for enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Paragon Payment Solutions
Frequently Asked Questions about Paragon Payment Solutions
When was Paragon Payment Solutions founded?
Paragon Payment Solutions was founded in 2017.
Where is Paragon Payment Solutions located?
Paragon Payment Solutions is headquartered in Scottsdale, United States. It is registered at Scottsdale, Arizona, United States.
Who is the current CEO of Paragon Payment Solutions?
Roy Bricker is the current CEO of Paragon Payment Solutions. They have also founded this company.
What does Paragon Payment Solutions do?
Paragon Payment Solutions was founded in 2017 in Scottsdale, United States, operating in the fintech sector. An API-linked payment gateway and hosted platform are offered for processing credit card and ACH transactions. Services also encompass tokenization, point-to-point encryption, a fraud prevention suite, payment plugins, mobile SDK integration, reporting tools, and a virtual terminal to support secure payment operations.
Who are the top competitors of Paragon Payment Solutions?
Paragon Payment Solutions's top competitors include Flutterwave, Square and Modern Treasury.
What products or services does Paragon Payment Solutions offer?
Paragon Payment Solutions offers PUREfac, PUREcloud, Hosted Payments, Mobile SDK, and ACH.
Who are Paragon Payment Solutions's investors?
Paragon Payment Solutions has 1 investor. Key investors include Paya.