About Pay-O-Matic
Pay-O-Matic is a company based in Syosset (United States) founded in 1950 was acquired by Founders Equity in January 2008. Pay-O-Matic offers products and services including Check Cashing, inPOWER Prepaid Mastercard, and Western Union Money Transfers. Pay-O-Matic operates in a competitive market with competitors including Stripe, PayPal, Flutterwave, Square and Wright Express, among others.
- Headquarter Syosset, 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
- Legal Name The Pay-O-Matic Corp.
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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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Latest Funding Round
Not available
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Investors
Quilvest Private Equity
& 1 more
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Employee Count
Not available
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Acquired by
Founders Equity
(Jan 16, 2008)
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Products & Services of Pay-O-Matic
Pay-O-Matic offers a comprehensive portfolio of products and services, including Check Cashing, inPOWER Prepaid Mastercard, and Western Union Money Transfers.
Service for securely cashing personal and business checks.
Prepaid card for managing money and transactions securely.
Platform for sending and receiving money transfers.
Funding Insights of Pay-O-Matic
Investors in Pay-O-Matic
Pay-O-Matic has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Quilvest Private Equity and Founders Equity.
| Investor | Description | Founded Year | Domain | Location |
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PE firm backed by quilvest group
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Investment proposals are facilitated by Founders Equity for stakeholders.
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Locked | Locked | Locked |
Investor details for Pay-O-Matic
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Pay-O-Matic
Investment portfolio details for Pay-O-Matic
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Pay-O-Matic
Detailed financials for Pay-O-Matic
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- Profit trends
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Pay-O-Matic Comparisons
Peer comparison for Pay-O-Matic
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Pay-O-Matic
Pay-O-Matic 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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POS solutions are provided for retail businesses.
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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 Pay-O-Matic
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
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Latest news on Pay-O-Matic
Complete news archive for Pay-O-Matic
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Frequently Asked Questions about Pay-O-Matic
Pay-O-Matic was founded in 1950 and raised its 1st funding round 58 years after it was founded.
Pay-O-Matic is headquartered in Syosset, United States. It is registered at Syosset, New York, United States.
Jay Guskind is the current CEO of Pay-O-Matic.
Pay-O-Matic was founded in 1950 and is headquartered in Syosset, United States. Financial services are offered in the payment sector, including check cashing, business check cashing, Western Union money transfers, money orders, and bill payments. Prepaid cards, direct deposits, withdrawals, and other deposit services are also available. A mobile app is provided for cardholders to monitor balances. Operations focus on New York locations.
Pay-O-Matic's top competitors include Stripe, PayU and Flutterwave.
Pay-O-Matic offers Check Cashing, inPOWER Prepaid Mastercard, and Western Union Money Transfers.
Pay-O-Matic has 2 investors. Key investors include Quilvest Private Equity, and Founders Equity.