About Paystone
Paystone is a Retail company based in London (Canada) founded in 2009. Customer engagement solutions for businesses are provided by Paystone. It operates in the Retail, Technology, and Financial Services sectors. Paystone has raised $78.27 million across 3 funding rounds from investors including National Bank of Canada, Crédit Mutuel Equity and Canadian Business Growth Fund. Paystone has completed 6 acquisitions, including Ackroo, DataCandy and NiceJob. Its website paystone.com draws about 25 thousand monthly visits. Paystone offers products and services including Gift Card Program, Loyalty Program, Payment Processing, and Marketing Automation. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its legal entity is Paystone Inc.
Company details
Paystone was founded in 2009 in London, Canada, within the fintech sector focused on merchant services. Solutions for customer engagement are delivered, including payment processing, loyalty programs, and gift card management to facilitate transaction-based interactions. SMS and email marketing campaigns, along with reporting, analytics, and customer insights, are also offered on a subscription basis. Online payment processing supports e-commerce operations.
- Total Equity Funding$78.27M (USD)
in 3 rounds
- Latest Funding Round$23.87M (USD), Series C
Jul 2021
- InvestorsNational Bank of Canada
& 2 more
- Investments & AcquisitionsAckroo
& 5 more
Products & Services of Paystone
Paystone offers a comprehensive portfolio of products and services, including Gift Card Program, Loyalty Program, Payment Processing, and Marketing Automation.
Enables businesses to design and sell custom gift cards for cash flow.
Customizable rewards to encourage repeat visits and spending.
Accepts payments in-store, online, and via terminals securely.
Automates email and text campaigns to boost customer interaction.
Apps and channels of Paystone
its YouTube channel Paystone has 185 subscribers and 30 videos.
Videos from Paystone
The most watched videos on Paystone's YouTube channel, Paystone (185 subscribers). Click a video to play it here.
More on Paystone.
Funding Insights of Paystone
Paystone has successfully raised a total of $78.27M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $23.87 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 $78.27M
- Total Rounds 3
- Last Round Series C — $23.87M
- Investors Count 3
All 3 funding rounds of Paystone with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2021 | $23.87M | Series C | – | Credit Mutuel Equity | – |
| Jan 2021 | Debt – Conventional | – | – | ||
| Jan 2021 | $54.41M | Series C | – | Canadian Business Growth Fund, National Bank of Canada | – |
3 investors in total: 3 institutional.
Investors in Paystone
Paystone has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include National Bank of Canada, Crédit Mutuel Equity and Canadian Business Growth Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth and acquisition investments are managed by Credit Mutuel Equity. | creditmutuel-equity.eu | Paris, France | ||
Growth capital investments are made by this private equity firm. | cbgf.com | Toronto, Canada | ||
Commercial bank | 1859 | nbc.ca | Montreal, Canada |
Investor details for Paystone
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Paystone
63 people are tracked at Paystone (13 in leadership, 50 in team).
| Name | Role | Group |
|---|---|---|
Saif Bagajati | Vp, Product & Engineering | Leadership |
Paul Dysko | VP Of Engineering | Leadership |
Ryan Koudys | VP Of Engineering | Leadership |
John Charlton | Regional Director | Leadership |
Abdullah Saab | Chief Financial Officer | Leadership |
Tarique Al-Ansari | Founder & CEO | Leadership |
Mike ARSENAULT | Director Sales | Leadership |
Ben Jackson | Vice President of Direct Sales | Leadership |
Dino Halbouni | VP, External Sales | Leadership |
Mohammed Daouk | VP Of Marketing | Leadership |
Jean-Francois Tetreault | Vice President of Customer Success | Leadership |
Damian Plisko | Creative Director | Leadership |
Nick Cancilla | Regional Sales Partner | Business Advisor | Solutions Specialist | Leadership |
Anthea Liu | Product Manager | Team |
Evan Tynedal | Account Manager | Team |
Karl Wiwatowski | Senior Manager, Demand Generation | Team |
Dave Campbell | Regional Account Executive | Team |
Wael Jomaa | Digital Marketing Strategist | Team |
Priyanka Kansagara | Digital Marketing Specialist | Team |
Shane Free | Account Manager | Team |
43 more people are available in the full profile.
Complete people profiles for Paystone
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Paystone
Paystone has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Ackroo, DataCandy and NiceJob.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
SaaS-based gift card and loyalty programs are provided for businesses. | ackroo.com | Ottawa, Canada | 2012 | Dec 2024 | $21M | |
Payment processing solutions are provided for businesses by Paystone. | cpsmerchants.ca | New York, United States | 2010 | Jan 2022 | •••• | |
Reputation management solutions are delivered via a cloud-based platform. | nicejob.com | London, Canada | 2015 | Oct 2021 | •••• | |
Merchant account processing services are provided to businesses. | swiftpayments.ca | London, Canada | 2014 | Jun 2020 | •••• | |
Loyalty management platform is offered for small and medium businesses. | datacandy.com | Montreal, Canada | 2002 | Nov 2019 | •••• | |
Virtual POS terminals for merchants & businesses | poswest.com | Sexsmith, Canada | 2001 | Jun 2019 | •••• |
Complete acquisition details for Paystone
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Paystone
9 dated milestones of Paystone across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Paystone is founded.
- Acquisition Acquires P.O.S. West.
- Acquisition Acquires DataCandy.
- Acquisition Acquires Swift Payments.
- Funding First funding round.
- Funding Latest funding round, Series C, of $23.9M.
- Acquisition Acquires NiceJob.
- Acquisition Acquires Paystone.
- Acquisition Acquires Ackroo.
Web traffic of Paystone
The website of Paystone (paystone.com) receives about 24.9K visits a month and ranks #1,148,982 among all websites worldwide, #2,838 in Accounting and Auditing.
- Monthly visits24.9K
▼ 1.2% vs previous month
- Unique visitors10.6K
per month
- Global rank#1,148,982
among all websites
- Category rank#2,838
Finance · Accounting and Auditing
- Bounce rate46%
- Pages per visit1.8
- Average visit1 min 01 sec
- DevicesDesktop 35% · Mobile 65%
Websites whose visitors overlap most with Paystone. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| poynt.com | 100% | 25.8K | #1,157,765 | View details | |
allopass.com | allopass.com | 100% | #559,071 | – | |
| payroc.com | 98% | 40.8K | #975,664 | View details | |
elavon.co.uk | elavon.co.uk | 93% | #858,276 | – | |
chase.ca | chase.ca | 88% | #971,208 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Paystone
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Paystone
Complete news archive for Paystone
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Frequently Asked Questions about Paystone
Paystone was founded in 2009 and raised its 1st funding round 12 years after it was founded.
Paystone is headquartered in London, Canada. It is registered at London, Ontario, Canada.
Paystone is a funded company, having raised a total of $78.27M across 3 funding rounds to date.
Paystone was founded in 2009 in London, Canada, within the fintech sector focused on merchant services. Solutions for customer engagement are delivered, including payment processing, loyalty programs, and gift card management to facilitate transaction-based interactions. SMS and email marketing campaigns, along with reporting, analytics, and customer insights, are also offered on a subscription basis. Online payment processing supports e-commerce operations.
Paystone offers Gift Card Program, Loyalty Program, Payment Processing, and Marketing Automation.
Paystone has 3 investors. Key investors include National Bank of Canada, Crédit Mutuel Equity, and Canadian Business Growth Fund.
Paystone operates through Paystone Inc..