Paystand

Paystand

Digital payment processing for B2B clients

About

Paystand offers a digital payment processing platform tailored for business-to-business (B2B) clients, allowing them to accept payments online and streamline their financial operations. The platform operates on a Payments-as-a-Service model, charging a fixed fee rather than per-transaction fees, which helps businesses manage costs more effectively. Key features include real-time updates, analytics for cash flow forecasting, and embedded payment links in invoices to simplify the payment process. Paystand aims to help businesses reduce costs, improve cash flow management, and enhance customer experiences.

Company Stage

Series C

Employees

201-500

Industries

Data & Analytics, Fintech

Total Funding

$75.9M

Headquarters

Scotts Valley, California

Founded

2013


Simplify Jobs

Simplify's Take

What believers are saying

  • Paystand's acquisition of Teampay expands its B2B financial platform capabilities.
  • Integration with AI-driven analytics tools enhances real-time updates and forecasting.
  • The rise of embedded finance solutions offers seamless payment experiences for clients.

What critics are saying

  • Increased competition from fintech startups could erode Paystand's market share.
  • Rapid technological advancements may strain Paystand's resources to maintain competitiveness.
  • Regulatory scrutiny on blockchain could increase compliance costs for Paystand.

What makes Paystand unique

  • Paystand uses blockchain to eliminate transaction fees in B2B payments.
  • Their Payments-as-a-Service model offers predictable costs for high transaction volume businesses.
  • Real-time updates and analytics enhance cash flow forecasting for clients.

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Growth & Insights
Headcount

6 month growth

11%

1 year growth

8%

2 year growth

-3%

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