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Payouts Network
A platform that enables businesses to dynamically manage their capital through real-time issuance and acceptance of disbursements using existing financial accounts and payment credentials
About Payouts Network
Payouts Network operates in the digital payments industry, providing a fully digital payout solution designed to eliminate the need for traditional payment methods such as gift cards, paper vouchers, and checks. The company serves a wide range of clients, including businesses looking to streamline their payment processes and reduce costs associated with traditional payment methods. Payouts Network's platform enables real-time issuance and acceptance of payments using instant payments technology, which helps in reducing fraud and financial liabilities. The business model revolves around offering a cost-effective and secure alternative to traditional payment methods, thereby saving money for businesses and enhancing their operational efficiency. The company makes money by charging fees for its digital payout services, which are lower compared to the costs associated with traditional payment methods. Additionally, Payouts Network allows cardholders to redeem loyalty points when making purchases without the need for POS integration or a mobile app, further simplifying the payment process for both businesses and consumers.
Source: Dealroom company dataAt a glance
- Founded
- 2013
- Headquarters
- Bozeman, United States
- Sector
- Fintech
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Texas Halo Fund
Series A1 investor entered at this stage
Mosaik Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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