P
PayNearMe
Electronic cash-transaction network
About PayNearMe
PayNearMe is a modern and reliable payments platform that offers flexibility to customers, allowing them to pay how, when, and where they choose. This startup operates in the financial technology (fintech) market, serving a wide range of clients including consumer lenders and online gaming companies.
The company's business model revolves around providing a seamless payment experience for customers and businesses alike. It accepts all major payment types—cards, Automated Clearing House (ACH) transactions, cash, and mobile-first payment methods such as PayPal, Venmo, Cash App, and Apple Pay. This wide range of payment options caters to the diverse needs of customers, enhancing their payment experience and increasing customer satisfaction.
PayNearMe also offers a secure and convenient cash payment service at over 60,000 participating retail locations, making it easier for businesses to collect payments. The company's platform is designed to be user-friendly, making collections agents more productive and efficient.
The company also leverages artificial intelligence (AI) in bill pay and uses payments data to improve personalized customer experiences. This innovative approach to payments has earned PayNearMe recognition as one of the world's Top 40 Digital Payments Companies by CNBC in partnership with research firm, Statista.
In terms of revenue, PayNearMe makes money by charging businesses a fee for using its platform to process payments.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2009
- Headquarters
- Santa Clara, United States
- Employees
- 297
- Open positions
- 20
- Dealroom signal
- 89.2/100
- Industry
- Fintech
- Sub-industry
- Payments
- Sector
- Fintech, Money Management, Payment Processing
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 1 company, latest May 2016
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES EOther financing | Sep 2025 | $50M | $200M | Atlantic Vantage Point | ↗ |
| SERIES DOther financing | Jun 2023 | $45M | $323M | H. Barton Asset Management · DNS Capital · Invicta Growth · Queensland Investment Corporation | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for PayNearMe is 120K monthly website visits, up 31.9% over the last three months. PayNearMe's team grew 11.2% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
True Ventures
Kapor Capital
Floodgate
Fenwick & West
Endeavour Investment Partners
Maveron
Series B and later10 investors entered at this stage
August Capital
Khosla Ventures
SuRo Capital
Sumitomo
Queensland Investment Corporation- HMH. Barton Asset Management
DNS Capital
Invicta Growth
Costanoa Ventures
Atlantic Vantage Point
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about PayNearMe on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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