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Pay All Payment Systems, Inc. announced it raised $1.5 Million in an initial filing from an offering of $2 Million

Mar 06, 2018over 7 years ago

Amount Raised

$1.5 Million

Miami BeachFintechFinance

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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