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Pay Near Me, Inc. announced it raised $20.5 Million in an initial filing from an offering of $30 Million

Jan 05, 2017almost 9 years ago

Amount Raised

$20.5 Million

Santa ClaraInformation Technology

Company Information

Company

PayNearMe

Location

5201 GREAT AMERICA PARKWAY

Santa Clara, California, United States

About

PayNearMe builds technology to transform the payment experience for businesses and their customers. With PayXM™, the industry’s first platform purpose-built for Payment Experience Management, every touchpoint of the payment journey is simple—driving satisfaction, accelerating payments, and lowering the total cost of acceptance. A single platform, contract and integration supports all major payment types and channels, from PayPal, Venmo, Cash App Pay, Apple Pay and Google Pay to cards, ACH and cash at over 62,000 U.S. retail locations. Thousands of non-commerce businesses across industries, including consumer lending, iGaming and online sports betting, property management, and tolling, trust PayNearMe to deliver a complete, seamless payment experience.

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Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech