About PayCar
PayCar is a Financial Services company based in Paris (France) founded in 2015, and was acquired by Leboncoin in June 2019. Used cars are traded peer-to-peer with secure payments via PayCar. PayCar has raised $1.91 million across 1 funding round from investors including BNP Paribas, Leboncoin and Cathay Innovation. The company was acqui-hired. Its focus areas include FinTech, Payments, Business Payments and Industry Specific.
Company details
PayCar was established in 2015 in Paris, France, within the automotive trading and fintech sectors. A peer-to-peer platform is maintained for buying and selling used vehicles, alongside secure payment processing. User registration and identity verification are mandated before transactions occur. Sellers vehicles are listed and advertised on the site, facilitating direct exchanges between private parties across France.
- Total Equity Funding$1.91M (USD)
in 1 rounds
- Latest Funding Round$1.91M (USD), Seed
Nov 2016
- InvestorsBNP Paribas
& 2 more
- Acquired byLeboncoin
(Jun 2019)
Funding Insights of PayCar
PayCar has successfully raised a total of $1.91M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.91 million completed in November 2016. 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 $1.91M
- Total Rounds 1
- Last Round Seed — $1.91M
- First Round $1.91M
(Nov 2016)
- Investors Count 2
All 1 funding rounds of PayCar 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 2016 | $1.91M | Seed | – | Cathay Innovation, BNP Paribas | – |
3 investors in total: 3 institutional.
Investors in PayCar
PayCar has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include BNP Paribas, Leboncoin and Cathay Innovation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are made in technology startups through a global ecosystem. | cathayinnovation.com | |||
Banking & financial service provider | 1848 | group.bnpparibas | Paris, France | |
Classifieds creation and placement in France | 2006 | leboncoin.fr | Paris, France |
Investor details for PayCar
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 PayCar
3 dated milestones of PayCar across 4 years, from founding to its latest funding, stage changes and deals.
- Founded PayCar is founded.
- Funding First funding round of $1.9M.
- Exit Acquired by Leboncoin.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Paycar
Complete news archive for PayCar
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about PayCar
PayCar was founded in 2015 and raised its 1st funding round 1 year after it was founded.
PayCar is headquartered in Paris, France.
PayCar is a funded company, having raised a total of $1.91M across 1 funding round to date. The company's 1st funding round was a Seed of $1.91M, raised on Nov 2016.
PayCar was established in 2015 in Paris, France, within the automotive trading and fintech sectors. A peer-to-peer platform is maintained for buying and selling used vehicles, alongside secure payment processing. User registration and identity verification are mandated before transactions occur. Sellers vehicles are listed and advertised on the site, facilitating direct exchanges between private parties across France.
PayCar has 3 investors. Key investors include BNP Paribas, Leboncoin, and Cathay Innovation.
Yes. PayCar was acquired by Leboncoin in June 2019.