About The Payment Group
The Payment Group is a company based in Dallas (United States) founded in 2003 was acquired by Paya in September 2020.. The Payment Group offers products and services including Online Payment System, Bill Lookup Service, and Payment Assistance. The Payment Group operates in a competitive market with competitors including Stripe, Square, PayPal, Flutterwave and PayU, among others.
- Headquarter Dallas, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.01 M (USD), Grant
Mar 30, 2011
- Investors
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Employee Count
Employee Count
- Acquired by
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Products & Services of The Payment Group
The Payment Group offers a comprehensive portfolio of products and services, including Online Payment System, Bill Lookup Service, and Payment Assistance. 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.
Platform for secure online bill and invoice payments.
Tool to search and view billing details and payment history.
Assistance for resolving payment issues via forms and phone.
Funding Insights of The Payment Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $1.0M
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First Round
First Round
(30 Mar 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2011 | Amount | Grant - The Payment Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in The Payment Group
The Payment Group has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include United States Department of Agriculture, Paya and Passport. 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 |
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Leadership is provided on agriculture, food, and rural development matters.
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Founded Year | Domain | Location | |
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Parking payments and management solutions are delivered via tech platform.
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Founded Year | Domain | Location | |
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Payment gateway solutions are offered to businesses and merchants.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by The Payment Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - The Payment Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Payment Group Comparisons
Competitors of The Payment Group
The Payment Group 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, Square, PayPal, Flutterwave and PayU, 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 |
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| domain | founded_year | HQ Location |
Payment processing and card issuance solutions are provided for businesses.
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| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Online payment solutions are offered to consumers and businesses.
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment processing and treasury management solutions are offered to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on The Payment Group
Frequently Asked Questions about The Payment Group
When was The Payment Group founded?
The Payment Group was founded in 2003 and raised its 1st funding round 8 years after it was founded.
Where is The Payment Group located?
The Payment Group is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of The Payment Group?
Matt Withrow is the current CEO of The Payment Group.
What does The Payment Group do?
The Payment Group was founded in 2003 in Dallas, United States, and operates in the financial technology sector. Payment gateway services are provided to courts for processing credit and debit card transactions, as well as mobile payments, covering areas such as traffic fines, warrants, bonds, and deferred dispositions. Integration with court systems is enabled through the Connect software platform. Multi-lingual customer support and dedicated client managers are available to users.
Who are the top competitors of The Payment Group?
The Payment Group's top competitors include Stripe, PayU and Flutterwave.
What products or services does The Payment Group offer?
The Payment Group offers Online Payment System, Bill Lookup Service, and Payment Assistance.
Who are The Payment Group's investors?
The Payment Group has 3 investors. Key investors include United States Department of Agriculture, Paya, and Passport.
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