PayNearMe

Santa Clara, United States Founded: 2009 • Age: 17 yrs
Payment gateway solutions
Annual revenue - Latest available
Total funding $203.2M 13 rounds
Employees 242 Tracked headcount
Investors 16 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About PayNearMe

PayNearMe is a company based in Santa Clara (United States) founded in 2009. PayNearMe has raised $203.2 million across 13 funding rounds from investors including Khosla Ventures, Trinity Cap and SuRo Capital. The company has 242 employees as of December 31, 2022. PayNearMe has completed 1 acquisition, including BillGO. PayNearMe offers products and services including Payment Platform, Cash at Retail, and Integration Services. PayNearMe operates in a competitive market with competitors including Stripe, PayPal, Flutterwave, Square and Wright Express, among others.

  • Headquarter Santa Clara, United States
  • Employees 242 as on 31 Dec, 2022
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Paynearme, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $203.2 M (USD)

    in 13 rounds

  • Latest Funding Round
    $50 M (USD), Series E

    Sep 16, 2025

  • Investors
  • Employee Count
    242

    as on Dec 31, 2022

  • Investments & Acquisitions
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Products & Services of PayNearMe

PayNearMe offers a comprehensive portfolio of products and services, including Payment Platform, Cash at Retail, and Integration Services.

Product name locked
Category locked
Primary

Platform for accepting and managing payments efficiently

Product name locked
Category locked
Locked

Network enabling cash payments at retail locations

Product name locked
Category locked
Locked

Services for connecting payment systems with business tools

People of PayNearMe

Headcount 50-200
Employee Profiles 106
Board Members and Advisors 4
Employee Profiles
People
Gustavo J.
Product Manager, Data & Insights
People
Keval Mehta
Senior Sysops Engineer
People
Rick Pesek
Customer Success Manager
People
Lyle Mullican
Chief Technology Officer

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Board Members and Advisors
people
Bill Clerico
Board Member
people
Greg Sands
Investor & Board Observer

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Funding Insights of PayNearMe

PayNearMe has successfully raised a total of $203.2M across 13 strategic funding rounds. The most recent funding activity was a Series E round of $50 million completed in September 2025. 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 PayNearMe

PayNearMe has secured backing from 16 investors, including institutional and venture fund investors. Prominent investors backing the company include Khosla Ventures, Trinity Cap and SuRo Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm supporting AI founders through investments and community.
Locked Locked Locked
Venture capital firm focused on early stage fintech, data, AI, and security companies
Locked Locked Locked
Venture capital is invested personally in fewer enterprises, with support provided for building game-changing businesses.
Locked Locked Locked
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Investor details for PayNearMe

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by PayNearMe

PayNearMe has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BillGO.

Investments
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Investment portfolio details for PayNearMe

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Bill payment processing solutions are provided for businesses and consumers.
Locked Locked 2011 Locked
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Complete acquisition details for PayNearMe

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - PayNearMe

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Detailed financials for PayNearMe

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  • Profit trends
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Paynearme Comparisons

PayNearMe Primary company
Description
Payment gateway solutions
Location
Santa Clara, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
242
As of 2022
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Peer comparison for PayNearMe

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
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Competitors of PayNearMe

PayNearMe 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
Locked Locked Locked
Payment processing and card issuance solutions are provided for businesses.
Locked Locked Locked
Online payment solutions are offered to consumers and businesses.
Locked Locked Locked
Provider of payment processing solutions for businesses
Locked Locked Locked
POS solutions are provided for retail businesses.
Locked Locked Locked
Employee benefit administration and payment solutions are provided for enterprises.
Locked Locked Locked
Online payment processing and credit solutions are provided for businesses.
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Detailed competitors of PayNearMe

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Paynearme

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Complete news archive for PayNearMe

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

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Frequently Asked Questions about PayNearMe

PayNearMe was founded in 2009.

PayNearMe is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.

PayNearMe is a funded company, having raised a total of $203.2M across 13 funding rounds to date.

As of Dec 31, 2022, the latest employee count at PayNearMe is 242.

PayNearMe was founded in 2009 and is based in Santa Clara, United States. Operations focus on the fintech sector, where payment gateway solutions are delivered to businesses. Payments are enabled through various methods, including digital wallets, mobile apps, cash, ACH transfers, and credit or debit cards. A dashboard is included for monitoring transactions and engaging with customers.

PayNearMe's top competitors include Stripe, PayU and Flutterwave.

PayNearMe offers Payment Platform, Cash at Retail, and Integration Services.

PayNearMe has made 1 acquisition, including BillGO.

PayNearMe has 16 investors. Key investors include Khosla Ventures, Trinity Cap, SuRo Capital, QIC, and True Ventures.

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