About Paytrust
Paytrust is a Financial Services company based in Menlo Park (United States) founded in 1998 by Edward McLaughlin, and was acquired by Intuit in January 2005. Bill management and payment platform. Paytrust has raised $30 million across 1 funding round from investors including Intuit, Goldman Sachs and GE Capital. Its chief executive, as recorded, is Edward McLaughlin. Its focus areas include FinTech, Payments, Business Payments and Bill Payments. Its competitors include Payrailz, Aliaswire and PaymentVision; 2 of its 3 listed competitors have raised funding.
Company details
PayTrust was founded in 1998 in Menlo Park, United States, as a platform in the financial technology sector focused on bill management. Billers are added by users to their profiles, allowing upcoming bills to be tracked automatically. Notifications are sent to users prior to due dates to facilitate timely payments. Operations center on simplifying payables for individuals through digital tools.
- Headquarters Menlo Park, United States
- Founders Edward McLaughlin
- Stage Acquired
- SectorsFinancial Services
- Website paytrust.com
- Acquired by Intuit (Jan 2005)
Funding Insights of Paytrust
Paytrust has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series A round of $30 million completed in November 1999. 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 $30M
- Total Rounds 1
- Last Round Series A — $30M
- First Round $30M
(Nov 1999)
- Investors Count 6
All 1 funding rounds of Paytrust 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 |
|---|---|---|---|---|---|
| Nov 1999 | $30M | Series A | – | – |
8 investors in total: 8 institutional.
Investors in Paytrust
Paytrust has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Intuit, Goldman Sachs and GE Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth equity investments and partnerships in finance and related sectors. | spectrumequity.com | |||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Venture capital investments are directed toward multiple sectors. | americanexpress.com/us/business/american-express-ventures | New York, United States | ||
Commercial aircraft and equipment leasing and lending services are provided. | 1932 | gecapital.com | United States | |
Wealth management services are provided to high-net-worth clients. | 1999 | tweisel.com | San Francisco, United States | |
PE and VC fund focused on fintech, Adtech, gaming, eCommerce, and multiple sectors | softbank.com | Newton, United States | ||
Financial and accounting software is developed for businesses and individuals. | 1983 | intuit.com | Mountain View, United States | |
Financial payment processing and banking solutions are provided to institutions. | 1964 | metavante.com | Milwaukee, United States |
Investor details for Paytrust
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People of Paytrust
1 people are tracked at Paytrust (1 in leadership).
| Name | Role | Group |
|---|---|---|
Edward McLaughlin | Co-Founder & CEO | Leadership |
Complete people profiles for Paytrust
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Competitors of Paytrust
Paytrust has 3 listed competitors in our database, 2 of them funded. They include Payrailz, Aliaswire and PaymentVision.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| payrailz.com | 2016 | Glastonbury, United States | $21.15M | 59 | Digital payment services for businesses are provided by Payrailz. | |
| aliaswire.com | 2005 | Burlington, United States | $6M | 26 | Account receivable management software is provided for enterprises. | |
| paymentvision.com | 1988 | Jacksonville, United States | Provides customized financial technology for payment processing and compliance. |
Detailed competitors of Paytrust
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- Full competitor set
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Web traffic of Paytrust
The website of Paytrust (paytrust.com) receives about 3K visits a month.
- Monthly visits3K
▲ 50.5% vs previous month
Websites whose visitors overlap most with Paytrust. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
banking.about.com | banking.about.com | 100% | – | ||
xpressbillpay.com | xpressbillpay.com | 98% | #35,697 | – | |
checkfree.fiserv.com | checkfree.fiserv.com | 96% | – | ||
| quicken.com | 84% | 4.8M | #10,910 | View details | |
paytrust.intuit.com | paytrust.intuit.com | 84% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for Paytrust
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- 22 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Paytrust (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Paytrust
Complete news archive for Paytrust
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Frequently Asked Questions about Paytrust
Paytrust was founded in 1998 and raised its 1st funding round 1 year after it was founded.
Paytrust is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Edward McLaughlin is the CEO of Paytrust, as recorded in our data. They have also founded this company.
Paytrust is a funded company, having raised a total of $30M across 1 funding round to date. The company's 1st funding round was a Series A of $30M, raised on Nov 1999.
PayTrust was founded in 1998 in Menlo Park, United States, as a platform in the financial technology sector focused on bill management. Billers are added by users to their profiles, allowing upcoming bills to be tracked automatically. Notifications are sent to users prior to due dates to facilitate timely payments. Operations center on simplifying payables for individuals through digital tools.
Paytrust's top competitors include Payrailz, Aliaswire and PaymentVision.
Paytrust has 8 investors. Key investors include Intuit, Goldman Sachs, GE Capital, Thomas Weisel Partners, and Metavante.
Yes. Paytrust was acquired by Intuit in January 2005.