FinPay, LLC

A New & Smarter Way for Patients to Pay for Treatment

General Information
Company Name
FinPay, LLC
Founded Year
2015
Location (Offices)
King Of Prussia, United States +1
Founders / Decision Makers
Number of Employees
53
Industries
Finance, Financial Services, Health Care
Funding Stage
Series D
Social Media

FinPay, LLC - Company Profile

FinPay is a healthcare-focused finance technology startup, offering Patient Financial Management Solutions to help healthcare providers navigate the challenging landscape of managing patient out-of-pocket medical expenses which amount to a staggering $400 billion annually, leading to significant bad debt and lost revenue for providers nationwide. The company's offerings include Financial Clearance Policies, Patient engagement, automated payments platform, and Compliance tools to aid providers in targeting high-risk patients, educating them about financial obligations, and providing multiple payment alternatives. Founded in 2015 and headquartered in the United States, the company has recently received a $15.00M Series D investment on 28 March 2022 led by Montreux Equity Partners and PeakSpan Capital. FinPay's mission revolves around providing a patient financial experience that aligns with the high-quality clinical care patients receive, shaping a conversation at the point-of-care that simplifies the payment process and offers transparency and affordability.

Taxonomy: Healthcare Payments, Patient Financial Advocacy Program, Payment Automation, In-Network Payments Architecture, Patient Engagement, Patient Financial Management, Patient Financial Responsibility

Funding Rounds & Investors of FinPay, LLC (3)

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Funding Stage Amount No. Investors Investors Date
Series D $15.00M 2 28 Mar 2022
Series C $5.00M 1 12 Nov 2020
Seed Round $1.90M 1 01 Nov 2017

Latest News of FinPay, LLC

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No recent news or press coverage available for FinPay, LLC.

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