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
TechnologyFinancial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Paystand, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$77 M (USD)
in 5 rounds
-
Latest Funding Round
$50 M (USD), Series C
Jul 23, 2021
-
Investors
The Indus Entrepreneurs
& 17 more
-
Employee Count
46
as on Dec 31, 2021
-
Investments & Acquisitions
Bitwage
& 2 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of PayStand
PayStand offers a comprehensive portfolio of products and services, including B2B Payments Platform, Paystand Bank Network, and Payment Portal. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates B2B transactions and eliminates fees using blockchain
Enables zero-fee direct-bank transfers for secure payments
Facilitates direct deposits and ACH payments for businesses
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $50.0M
-
First Round
First Round
(02 Apr 2014)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series C - PayStand | Valuation | NewView Capital | |
| Feb, 2020 | Amount | Series B - PayStand | Valuation | DNX Ventures , Battery Ventures | |
| Nov, 2017 | Amount | Series A - PayStand | Valuation | BlueRun Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investment firm
|
Founded Year | Domain | Location | |
|
Venture capital investments are directed toward multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in high growth software companies
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by PayStand
PayStand has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Bitwage, Teampay and Yaydoo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Cloud-based expense management solutions are provided for business travelers.
|
2016 | ||||
|
A payment and business management platform is provided for businesses.
|
2015 | ||||
|
Cryptocurrency-based payroll and invoicing services are provided internationally.
|
2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - PayStand
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paystand Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Invoice and payment management solutions are offered for small businesses.
|
|
| domain | founded_year | HQ Location |
Financial solutions platform provider
|
|
| domain | founded_year | HQ Location |
Provider of mPOS solution and card reader for offline retailers
|
|
| domain | founded_year | HQ Location |
Comprehensive billing and payment solution provider
|
|
| domain | founded_year | HQ Location |
Online payment and invoicing solutions are offered to small businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Paystand
Frequently Asked Questions about PayStand
When was PayStand founded?
PayStand was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is PayStand located?
PayStand is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of PayStand?
Jeremy Almond is the current CEO of PayStand. They have also founded this company.
Is PayStand a funded company?
PayStand is a funded company, having raised a total of $77M across 5 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Apr 02, 2014.
How many employees does PayStand have?
As of Dec 31, 2021, the latest employee count at PayStand is 46.
What does PayStand do?
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.
Who are the top competitors of PayStand?
What products or services does PayStand offer?
PayStand offers B2B Payments Platform, Paystand Bank Network, and Payment Portal.
How many acquisitions has PayStand made?
Who are PayStand's investors?
PayStand has 18 investors. Key investors include The Indus Entrepreneurs, NewView Capital, Open Opportunity Fund, King River, and Industrious Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.