About PayFi
PayFi is a company based in Fort Lauderdale (United States) founded in 2016 was acquired by OV Loop in January 2021. PayFi has raised $3.01 million across 3 funding rounds from investors including OV Loop. PayFi has completed 1 acquisition, including PRMPayments. PayFi operates in a competitive market with competitors including Stripe, PayPal, Flutterwave, Square and Wright Express, among others.
- Headquarter Fort Lauderdale, United States
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.01 M (USD)
in 3 rounds
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Latest Funding Round
$1.81 M (USD), Seed
Dec 18, 2018
- Investors
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
OV Loop
(Jan 26, 2021)
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Funding Insights of PayFi
PayFi has successfully raised a total of $3.01M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.81 million completed in December 2018. 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.
Investors in PayFi
PayFi has secured backing from 1 investor. Prominent investors backing the company include OV Loop.
| Investor | Description | Founded Year | Domain | Location |
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Application offering payment fraud solutions
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Locked | Locked | Locked |
Investor details for PayFi
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by PayFi
PayFi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PRMPayments.
Investment portfolio details for PayFi
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Payment relationship management and banking services are provided by PRMPayments.
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Locked | Locked | 2018 | Locked |
Complete acquisition details for PayFi
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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Financial Statements - PayFi
Detailed financials for PayFi
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- Profit trends
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Payfi Comparisons
Peer comparison for PayFi
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- Named peers
- Headcount comparison
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Competitors of PayFi
PayFi 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 Stripe, PayPal, Flutterwave, Square and Wright Express, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Payment processing and card issuance solutions are provided for businesses.
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Online payment solutions are offered to consumers and businesses.
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Provider of payment processing solutions for businesses
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| Locked | Locked | Locked |
POS solutions are provided for retail businesses.
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| Locked | Locked | Locked |
Employee benefit administration and payment solutions are provided for enterprises.
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| Locked | Locked | Locked |
Online payment processing and credit solutions are provided for businesses.
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Detailed competitors of PayFi
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Latest news on Payfi
Complete news archive for PayFi
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- Brand-specific news history
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Frequently Asked Questions about PayFi
PayFi was founded in 2016.
PayFi is headquartered in Fort Lauderdale, United States. It is registered at Fort Lauderdale, Florida, United States.
PayFi is a funded company, having raised a total of $3.01M across 3 funding rounds to date.
PayFi offers a real-time payments platform to process various payment transactions for merchants, processors, and banks. Offers API library services to create a custom payment solution; consulting on electronic payment transaction processing across various channels, including real-time, ACH, RCC, eCheck, Internet, and mobile for banking, financial services, and merchant establishments; and merchant services that support small and large businesses. Provides treasury management portal for organizing and viewing financial accounts; and mobile payment processing services.
PayFi's top competitors include Stripe, PayU and Flutterwave.
PayFi has made 1 acquisition, including PRMPayments.
PayFi has 1 investor. Key investors include OV Loop.