PayCommerce
Latest round
- Series B
Last raised
- Oct 2016
Total raised
- $22M
Investors
- 1
About PayCommerce
PayCommerce Inc.Founded in 2006 and headquartered in Edison, US, PayCommerce Inc. specializes in payment solutions. The company has undergone strategic pivots to improve its service offerings.PayCommerce specializes in providing innovative payment solutions designed to enhance transaction efficiency across various sectors. The company's core offerings focus on facilitating secure and swift cross-border transactions for businesses, streamlining payment processes through their proprietary platform. PayCommerce serves a diverse client base, including financial institutions, e-commerce platforms, and corporate entities seeking to optimize their payment mechanisms. By addressing challenges such as transaction speed, security, and cost-effectiveness, PayCommerce aims to simplify the complexities of global commerce.PayCommerce generates revenue through a structured transaction model that encompasses a variety of business interactions. The company's revenue streams primarily stem from partnerships with businesses that utilize their payment solutions for processing transactions. Clients may engage PayCommerce through a subscription-based model or pay a fee per transaction, depending on the service level agreement. This includes flagship products that facilitate real-time payments and currency conversions tailored to corporate clients' needs.00 mn to support the development of new products aimed at enhancing payment solutions. The company is targeting expansion into new geographic markets, specifically increasing its presence in Asia by the end of 2024.
Who invested in PayCommerce
1 investor across 1 round
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Funding rounds
Series B
Oct 18, 2016
Amount
$22M
Investors
Questions about PayCommerce
Who invested in PayCommerce?
PayCommerce has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PayCommerce raised?
PayCommerce has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did PayCommerce last raise money?
PayCommerce's most recent round on record is a Series B, in Oct 2016.
What does PayCommerce do?
PayCommerce is a software company.
Where is PayCommerce headquartered?
PayCommerce is headquartered in Edison, US.
Which VCs invest in companies like PayCommerce?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at PayCommerce's stage. Their profiles are linked below.
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