PayStand

San Francisco, United States Founded: 2013 • Age: 13 yrs
Payment processing for bitcoin, e-checks, and credit cards is facilitated.
Annual revenue - Latest available
Total funding $77.0M 5 rounds
Employees 46 Tracked headcount
Investors 18 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About PayStand

PayStand is a company based in San Francisco (United States) founded in 2013 by Jeremy Almond and Scott Campbell. PayStand has raised $77 million across 5 funding rounds from investors including The Indus Entrepreneurs, NewView Capital and Open Opportunity Fund. The company has 46 employees as of December 31, 2021. PayStand has completed 3 acquisitions, including Bitwage, Teampay and Yaydoo. PayStand offers products and services including B2B Payments Platform, Paystand Bank Network, and Payment Portal. PayStand operates in a competitive market with competitors including Billtrust, Konfío, SumUp, Paymentus and PaySimple, among others.

  • Headquarter San Francisco, United States
  • Employees 46 as on 31 Dec, 2021
  • Founders Jeremy Almond, Scott Campbell
  • Sectors
    Technology
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Paystand, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
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
    $77 M (USD)

    in 5 rounds

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

    Jul 23, 2021

  • Investors
  • Employee Count
    46

    as on Dec 31, 2021

  • Investments & Acquisitions
    Bitwage

    & 2 more

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Products & Services of PayStand

PayStand offers a comprehensive portfolio of products and services, including B2B Payments Platform, Paystand Bank Network, and Payment Portal.

Product name locked
Category locked
Primary

Automates B2B transactions and eliminates fees using blockchain

Product name locked
Category locked
Locked

Enables zero-fee direct-bank transfers for secure payments

Product name locked
Category locked
Locked

Facilitates direct deposits and ACH payments for businesses

People of PayStand

Headcount 50-200
Employee Profiles 27
Board Members and Advisors 8
Employee Profiles
People
Jeremy Almond
Founder/ceo
People
Chad Reiser
Senior Marketing And Program Manager
People
Mark Hassin
COO
People
Elliot Weaver
VP Of Engineering

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Board Members and Advisors
people
Jonathan Ebinger
Board Member
people
Pete Kight
Advisor
people
Sameer Govil
Advisor
people
Salil Pitroda
Advisor

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Funding Insights of PayStand

PayStand has successfully raised a total of $77M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in July 2021. 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 PayStand

PayStand has secured backing from 18 investors, including venture fund investors. Prominent investors backing the company include The Indus Entrepreneurs, NewView Capital and Open Opportunity Fund.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital investment firm
Locked Locked Locked
Venture capital investments are directed toward multiple sectors.
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Venture capital firm investing in high growth software companies
Locked Locked Locked
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Investor details for PayStand

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 PayStand

PayStand has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Bitwage, Teampay and Yaydoo.

Investments
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Investment portfolio details for PayStand

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
Cloud-based expense management solutions are provided for business travelers.
Locked Locked 2016 Locked
A payment and business management platform is provided for businesses.
Locked Locked 2015 Locked
Cryptocurrency-based payroll and invoicing services are provided internationally.
Locked Locked 2013 Locked
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Complete acquisition details for PayStand

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

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Financial Statements - PayStand

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Detailed financials for PayStand

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  • Profit trends
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  • Financial ratios

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Paystand Comparisons

PayStand Primary company
Description
Payment processing for bitcoin, e-checks, and credit cards i...
Location
San Francisco, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
46
As of 2021
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Peer comparison for PayStand

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

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Competitors of PayStand

PayStand 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 Billtrust, Konfío, SumUp, Paymentus and PaySimple, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Invoice and payment management solutions are offered for small businesses.
Locked Locked Locked
Financial solutions platform provider
Locked Locked Locked
Provider of mPOS solution and card reader for offline retailers
Locked Locked Locked
Comprehensive billing and payment solution provider
Locked Locked Locked
Online payment and invoicing solutions are offered to small businesses.
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Detailed competitors of PayStand

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 Paystand

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Complete news archive for PayStand

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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 PayStand

PayStand was founded in 2013 and raised its 1st funding round 1 year after it was founded.

PayStand is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Jeremy Almond is the current CEO of PayStand. They have also founded this company.

PayStand is a funded company, having raised a total of $77M across 5 funding rounds to date.

As of Dec 31, 2021, the latest employee count at PayStand is 46.

PayStand was established in 2013 in San Francisco, United States, within the fintech sector. Operations focus on an eCommerce checkout system that allows organizations to accept payments via websites, social networks, and web applications. Services include a multi-payment gateway supporting credit cards, ACH, Dwolla, and Bitcoins, with no transaction fees applied; instead, a monthly software fee is charged to merchants.

PayStand's top competitors include SumUp, Paymentus and Billtrust.

PayStand offers B2B Payments Platform, Paystand Bank Network, and Payment Portal.

PayStand has made 3 acquisitions, including Bitwage, Teampay, and Yaydoo.

PayStand has 18 investors. Key investors include The Indus Entrepreneurs, NewView Capital, Open Opportunity Fund, King River, and Industrious Ventures.

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