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Payall Payment Systems receives investment from Ventura Capital to boost global payout connections. The funding amount remains undisclosed.

Jun 05, 20252 months ago
Miami BeachFintechFinance

Investors

Ventura Capital

Description

Payall Payment Systems, based in Miami Beach, received an investment from Ventura Capital. The company aims to enhance its global payout partner connections and compliance automation. Led by CEO Gary Palmer, Payall offers infrastructure for financial institutions' cross-border payments. This funding adds to prior investments from leading firms.

Company Information

Company

PayAll

Location

1111 LINCOLN ROAD

Miami Beach, Florida, United States

About

Payall, the first-ever cross-border processor for banks, enables regulated financial institutions to move money safely at the speed of data. Our mission is to make cross-border payments fast, compliant, and cost-effective with a suite of breakthrough automated compliance and risk management solutions that bring transparency to the historically opaque world of correspondent banking. Cross-border payments enabled by our proprietary technology and processes run on a global single shared platform and use our novel "Know Your Customer's Customer" product. The platform includes core-like accounts for all users, with special-purpose payment processing representing "new rails" for near-instant and efficient global payments. Moreover, cross-border payment recipients have unprecedented, valuable choices to access and manage their money, with payout options that appeal to financially savvy and unbanked individuals.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers