Payroc

Chicago, United States Founded: 2003 • Age: 23 yrs
Payment processing solutions are offered to businesses and merchants.
Annual revenue - Latest available
Total funding $14.3M 2 rounds
Employees 37 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Payroc

Payroc is a company based in Chicago (United States) founded in 2003. Payroc has raised $14.34 million across 2 funding rounds. The company has 37 employees as of December 31, 2022. Payroc has completed 17 acquisitions, including ACHeck21, Atlantic Merchant and Beanstalk Payment Technologies. Payroc operates in a competitive market with competitors including Stripe, PayPal, Flutterwave, Square and PayU, among others.

  • Headquarter Chicago, United States
  • Employees 37 as on 31 Dec, 2022
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
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
    $14.34 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.41 M (USD), Series A

    Feb 05, 2018

  • Investors
    Not available
  • Employee Count
    37

    as on Dec 31, 2022

  • Investments & Acquisitions
    ACHeck21

    & 16 more

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People of Payroc

Headcount 500-1000
Employee Profiles 167
Board Members and Advisors 7
Employee Profiles
People
Chad Hughes
Senior Account Specialist At Payroc (formally I3 Commerce Technologies.
People
Yossi Sela
Devops SRE Cloud Infrastructure Engineer
People
Rebecca Lee
Chief of Staff
People
Alasdair Hosie
Software Engineer II

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Board Members and Advisors
people
Jeremy Wing
Board Member
people
Zachary Sadek
Board Member
people
Rob Metzger
Board Member
people
Tom Nitopi
Board Member

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Funding Insights of Payroc

Payroc has successfully raised a total of $14.34M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.41 million completed in February 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.

Investments & Acquisitions by Payroc

Payroc has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include ACHeck21, Atlantic Merchant and Beanstalk Payment Technologies.

Investments
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Investment portfolio details for Payroc

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  • Portfolio identities
  • Transaction dates
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  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of payment processing services
Locked Locked 2022 Locked
API-based payment gateway is provided for online transactions.
Locked Locked 2015 Locked
E-Checks are facilitated for business payment processing.
Locked Locked 2015 Locked
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Complete acquisition details for Payroc

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

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

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Financial Statements - Payroc

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Detailed financials for Payroc

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

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  • Profit trends
  • Statement rows
  • Financial ratios

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Payroc Comparisons

Payroc Primary company
Description
Payment processing solutions are offered to businesses and m...
Location
Chicago, United States
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
37
As of 2022
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Peer comparison for Payroc

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

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  • Headcount comparison
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Competitors of Payroc

Payroc 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 PayU, 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
Online payment processing and credit solutions are provided for businesses.
Locked Locked Locked
Payment processing and treasury management solutions are offered to businesses.
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Detailed competitors of Payroc

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  • Domains and locations
  • Full company profiles
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Latest news on Payroc

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Complete news archive for Payroc

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

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Frequently Asked Questions about Payroc

Payroc was founded in 2003 and raised its 1st funding round 13 years after it was founded.

Payroc is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

James Oberman is the current CEO of Payroc.

Payroc is a funded company, having raised a total of $14.34M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Payroc is 37.

Founded in 2003 and based in Chicago, United States, Payroc operates in the financial technology sector. Payment gateways, POS terminals, reward-based payments, and open banking APIs are provided to facilitate transactions. Credit and debit card payments, bank transfers, and digital wallets are supported for merchants. Operations focus on enabling secure and efficient payment handling across various business needs.

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

Payroc has made 17 acquisitions, including ACHeck21, Atlantic Merchant, and Beanstalk Payment Technologies.

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