PayCommerce

Matawan, United States Founded: 2006 • Age: 20 yrs
PayCommerce operates as a payment network through a consortium of banks, providing global ACH services for efficient transactions.

About PayCommerce

PayCommerce is a company based in Matawan (United States) founded in 2006. It operates as a B2B. PayCommerce has raised $22 million across 1 funding round from investors including Tritium Partners. The company has 2 employees. PayCommerce operates in a competitive market with competitors including Square, Flutterwave, Modern Treasury, HighRadius and Network Merchants, among others.

Key Metrics
  • Total Equity Funding
    $22M (USD)

    in 1 rounds

  • Latest Funding Round
    $22M (USD), Series B

    Oct 2016

  • Investors
  • Employee Count
    2

Funding Insights of PayCommerce

PayCommerce has successfully raised a total of $22M through 1 strategic funding round. The most recent funding activity was a Series B round of $22 million completed in October 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 $22M
  • Total Rounds 1
  • Last Round Series B β€” $22M
  • First Round $22M

    (Oct 2016)

  • Investors Count 1

All 1 funding rounds of PayCommerce with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2016$22MSeries B–Tritium Partners
–
Valuation history

1 investors in total: 1 institutional.

Investors in PayCommerce

PayCommerce has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Tritium Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity firm focused on acquiring businesses in supply chain, logistics, fintech, and multiple sectors
–tritiumpartners.comAustin, United States
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Investor details for PayCommerce

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Board of directors of Paycommerce India Private Limited (PayCommerce)

Paycommerce India Private Limited is the primary company behind PayCommerce. The board of Paycommerce India Private Limited currently have 2 directors; the longest-serving is Abdul Kader Naushad, appointed in 2012. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Abdul Kader Naushad
DIN 03430070
Managing Director28 Sep 201214 yrsPaycommerce India Private Limited
Junaid Nari
DIN 02218954
Additional Director20 Oct 201411 yrs 11 moPaycommerce India Private Limited

People of PayCommerce

3 people are tracked at PayCommerce (3 in team); the tracked headcount is 2.

NameRoleGroup
Vishnu Shankar
Software Test EngineerTeam
Om Prakash
Area Sales ManagerTeam
Vinesh Chauhan
Swift L1 Support RepresentativesTeam
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Complete people profiles for PayCommerce

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of PayCommerce

2 dated milestones of PayCommerce across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded PayCommerce is founded.
  2. Funding First funding round of $22.0M.

Competitors of PayCommerce

PayCommerce 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 Square, Flutterwave, Modern Treasury, HighRadius and Network Merchants, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
squareup.com2009San Francisco, United States$519.75M11,372
POS solutions are provided for retail businesses.
flutterwave.com2016San Francisco, United States$319.41M–
Provider of payment processing solutions for businesses
moderntreasury.com2018San Francisco, United States$183.15M77
Payment processing and treasury management solutions are offered to businesses.
highradius.com2006Houston, United States$484M–
Autonomous finance and payment solutions are provided to businesses.
nmi.com2001Roselle, United States$54.18M113
White-label payment gateways are built for global e-commerce transactions.
nuvei.com2003Montreal, Canada$321.71M–
Payment processing solutions are delivered to merchants and businesses.
wexinc.com1983Portland, United States–6,123
Employee benefit administration and payment solutions are provided for enterprises.
comdata.com1969Brentwood, United States––
Fleet management and payment processing solutions are provided.
moniepoint.com2019London, United Kingdom$255.5M–
Integrated financial services are provided for businesses and individuals.
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Detailed competitors of PayCommerce

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 PayCommerce

Websites that share an audience with PayCommerce (paycommerce.com).

Similar websites

Websites whose visitors overlap most with PayCommerce. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cartaworldwide.com
62%
7.7K#2,775,126View details

Latest news on Paycommerce

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Complete news archive for PayCommerce

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Similar companies to PayCommerce

10 companies that operate in the same segment as PayCommerce (Payments & Remittance Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 4.14 B––
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 B––
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B––
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B2,360
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 742 MUSD 302.19 M2,641
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 3.21 B––
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 604.02 MUSD 179.52 M709
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Online payment processing and credit solutions are provided for businesses.
2002Amsterdam, NetherlandsUSD 35.15 MUSD 5.47 B1,200
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
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Frequently Asked Questions about PayCommerce

PayCommerce was founded in 2006 and raised its 1st funding round 10 years after it was founded.

PayCommerce is headquartered in Matawan, United States. It is registered at Matawan, New Jersey, United States.

PayCommerce is a funded company, having raised a total of $22M across 1 funding round to date. The company's 1st funding round was a Series B of $22M, raised on Oct 2016.

PayCommerce has 2 employees.

PayCommerce paycommerce operates as a payment network through a consortium of banks, providing global ach services for efficient transactions, focusing on offering financial products and advice, banking and payments, payment networks, and ach processing. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

PayCommerce's top competitors include Flutterwave, Square and Modern Treasury.

PayCommerce has 1 investor. Key investors include Tritium Partners.

PayCommerce operates through Paycommerce India Private Limited.

The legal entities of PayCommerce currently have 2 directors, including Abdul Kader Naushad, Junaid Nari.

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