PayOK
Latest round
- Series A
Last raised
- Nov 2021
Total raised
- $3M
Investors
- 1
About PayOK
Based in New South Wales, Australia, and founded in 2021 by its CEO, Mr. Colin Porter, who also founded CreditorWatch, a credit reporting agency, PayOK is a software as a service-based platform that helps in reducing fraudulent payment activity. As of 2021, the company employs 20 people. The PayOK platform uses bank-grade encryption with AES-256 and SHA-512 and also leverages two-factor authentication and single sign-on (SSO). The company platform confirms the identity and ownership details of a bank account, including the account name, Australian company number, and Australian business number. It allows existing suppliers to edit, change, and update their bank account information whilst identifying fraud and reducing risk.
Who invested in PayOK
1 investor across 1 round
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Funding rounds
Series A
Nov 29, 2021
Amount
$3M
Investors
Questions about PayOK
Who invested in PayOK?
PayOK 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 PayOK raised?
PayOK has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did PayOK last raise money?
PayOK's most recent round on record is a Series A, in Nov 2021.
What does PayOK do?
Based in New South Wales, Australia, and founded in 2021 by its CEO, Mr.
Where is PayOK headquartered?
PayOK is headquartered in Sydney, Australia.
Which VCs invest in companies like PayOK?
Among active investors with capital left to deploy, IAG Firemark Ventures, Blackbird, AirTree Ventures and Square Peg back financial services companies at PayOK's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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