Paystand is a B2B focused financial services and fintech startup established in 2013. Dedicated to fostering a more transparent financial ecosystem, Paystand's primary emphasis lies in digitalizing and automating the complete cash cycle by harnessing the potential of blockchain and cloud technologies. Through their innovative Payments-as-a-Service model, the company enables the digitization of receivables, automates processing, hastens time-to-cash, abolishes transaction fees, and unlocks revenue opportunities. In August 2022, Paystand successfully secured a Venture Round investment, signaling significant support and potential faith in the company's vision and capabilities. Although the specific details of the investors and the investment amount remain undisclosed, this latest investment stands as a testament to the company's appeal and potential within the industry. As Paystand continues to make strides in revolutionizing B2B payments, this recent funding round is expected to facilitate and expedite the company's growth trajectory.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | Unknown | - | 02 Aug 2022 | |
Series C | $50.00M | 6 | Open Opportunity Fund | 23 Jul 2021 |
Series B | $20.00M | 10 | Meredith Finn | 06 Feb 2020 |
Series A | $6.00M | 4 | 16 Nov 2017 | |
Series A | $20.00M | 1 | 15 Sep 2017 |