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Cincinnati Fintech Pay Theory Receives $2M In Seed Round Investment Led By Zeal Capital Partners

Feb 04, 2022•over 3 years ago

Amount Raised

$2 Million

Round Type

seed

Cincinnati

Description

Pay Theory, a Cincinnati-based startup, and the first payment platform with the mission to break down barriers between families and their most vital service providers through simple, beautiful, and inclusive financial solutions, has closed a $2M Seed Funding round led by Zeal Capital Partners, a Washington, D.C.-based venture capital firm known for its commitment to inclusive investing. The investment — which brings Pay Theory's total funding to $2.5M — will go toward product development and talent acquisition for roles in sales, finance, and software development and allow it to focus on growing its Family Tech SaaS vendor and service provider relationships.

Company Information

Company

Pay Theory

Location

Cincinnati, Ohio, United States

About

Pay Theory is inclusive payments. We create financial services infrastructure for SaaS platforms that breaks down barriers between families and their most vital service providers. We believe that simple, beautiful financial solutions can impact access improvement for all families. Vital service providers like schools and healthcare systems save time and improve collections by allowing families to pay how they want, where they want regardless of financial standing. Families get and maintain access to these services by paying for them in the way that is most convenient, including making cash payments electronically. Imagine...cashless environments without discrimination. Our team is a mix of Fintech/Payments, FamilyTech and consumer experts who are working together to bring this vision to life. Our goal is to eliminate the difficult conversations and tradeoffs that make it hard to pay for the services that help to make families futures. Learn more at PayTheory.com.