PayIt

PayIt

Digital transaction platform for government agencies

About PayIt

Simplify's Rating
Why PayIt is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Government & Public Sector

Fintech

Cybersecurity

Company Size

201-500

Company Stage

Growth Equity (Venture Capital)

Total Funding

$189.2M

Headquarters

Kansas City, Missouri

Founded

2013

Overview

PayIt provides a digital transactions platform tailored for government agencies, facilitating efficient interactions between these agencies and their residents. The platform streamlines the process of managing payments, refunds, and transaction tracking, which helps improve service delivery and speed up revenue collection. Users can benefit from features like payment reminders and insights into online payment trends. By transitioning a significant portion of transactions, such as water bills and parking tickets, to an online format, PayIt allows government staff to concentrate on more complex customer needs rather than routine transaction processing. The company prioritizes user security and privacy, ensuring that data is handled responsibly. The main goal of PayIt is to enhance the customer experience for residents while making government operations more efficient.

Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into digital licensing for outdoor activities opens new market opportunities.
  • Renewed contracts with states like Kansas highlight strong government partnerships.
  • Recognition as a top workplace aids in attracting and retaining top talent.

What critics are saying

  • Competition from fintech companies may threaten PayIt's market share.
  • Rapid tech advancements require constant platform updates, straining resources.
  • Economic downturns could reduce government spending on digital solutions.

What makes PayIt unique

  • PayIt offers a unified platform for government transactions, enhancing operational efficiency.
  • The company provides a single resident profile across agencies, simplifying user experience.
  • PayIt integrates with back-office systems, ensuring seamless digital transaction management.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$189.2M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Salary + standard bonus plan

Healthcare coverage

401(k) + company match

Wellness & mental health perks

Parental leave

Unlimited PTO

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 0%
PayIt
Oct 31st, 2024
Pitt County launches app to help with property taxes

PayIt has partnered with Pitt County, North Carolina to launch MyPittCounty, an easy way for county residents to manage their property taxes without having to travel to an office, mail a check, or make a phone call.

PayIt
Oct 25th, 2024
Meet KCBJ's 2024 Best Places to Work: PayIt

Learn more about PayIt's culture and get a glimpse into why Payit were recognized in its Best Places to Work profile at Kansas City Business Journal.

Digital Transactions
Apr 10th, 2024
Embedded Payments Platform PayIt Aims at Hunters and Anglers Looking to Buy State Licenses

PayIt, a government-services platform and embedded-payments provider, has expanded its relationship with the Ohio Division of Wildlife to provide a digital-licensing system for hunters and fishermen.

PayIt
Dec 4th, 2023
State of Kansas Renews Contract with PayIt, Its Statewide Digital Payments Partner

State of Kansas renews contract with PayIt, its statewide digital payments partner.

PayIt
Nov 20th, 2023
Mississippi announces new hunting and fishing license partner

PayIt has been selected by the Mississippi Department of Wildlife, Fisheries, & Parks to deliver a new digital hunt and fish licensing system, which will provide a better customer experience for outdoors enthusiasts while also enabling agency staff to operate more efficiently.

Recently Posted Jobs

Sign up to get curated job recommendations

PayIt is Hiring for 0 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update PayIt's jobs every 8 hours, so check again soon! Browse all jobs →