Payrailz Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 59

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $230M

Payrailz General Information

Description

Developer of a digital payment platform intended to offer a seamless way of bill payment and money transfer. The company's platform utilizes artificial intelligence technology, security, cloud-based software, and a chatbot to expand the range of payment types billers may accept, including cards, instant payments, or transfers from savings and checking accounts, enabling banks and credit unions to avail engaging payment systems in a smarter and predictive way.

Contact Information

Website
www.payrailz.com
Formerly Known As
CU Payz
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 95 Glastonbury Boulevard
  • Suite 105
  • Glastonbury, CT 06033
  • United States
Primary Industry
Financial Software
Acquirer
Jack Henry & Associates
Vertical(s)
SaaS, Artificial Intelligence & Machine Learning, FinTech
Corporate Office
  • 95 Glastonbury Boulevard
  • Suite 105
  • Glastonbury, CT 06033
  • United States

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Payrailz Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 31-Aug-2022 $230M Completed Generating Revenue
5. Later Stage VC 05-Oct-2021 Completed Generating Revenue
4. Early Stage VC 10-Sep-2020 Completed Generating Revenue
3. Debt - PPP 08-Apr-2020 Completed Generating Revenue
2. Early Stage VC 11-Sep-2018 $3.75M $9.8M Completed Generating Revenue
1. Early Stage VC 04-Dec-2017 $6.1M $6.1M Completed Generating Revenue
To view Payrailz’s complete valuation and funding history, request access »

Payrailz Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a digital payment platform intended to offer a seamless way of bill payment and money transfer. The company
Financial Software
Glastonbury, CT
59 As of 2022

Cincinnati, OH
 

Cupertino, CA
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Payrailz Competitors (66)

One of Payrailz’s 66 competitors is Worldpay, a Pending Transaction (M&A) company based in Cincinnati, OH.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Worldpay Pending Transaction (M&A) Cincinnati, OH
Wibmo Formerly VC-backed Cupertino, CA
Hyperwallet Systems Formerly PE-Backed San Francisco, CA
Quickpay (Denmark) Private Equity-Backed Aarhus N, Denmark
Fidelity Payment Services Private Equity-Backed Brooklyn, NY
You’re viewing 5 of 66 competitors. Get the full list »

Payrailz Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Payrailz Former Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
Curql Collective Venture Capital Minority
Evansville Teachers Federal Credit Union Corporation Minority
First Data Ventures Corporate Venture Capital Minority
Live Oak Ventures Corporate Venture Capital Minority
Next Level Ventures Venture Capital Minority
You’re viewing 5 of 12 investors. Get the full list »

Ready to get started?

Request a free trial

Payrailz FAQs

  • When was Payrailz founded?

    Payrailz was founded in 2016.

  • Where is Payrailz headquartered?

    Payrailz is headquartered in Glastonbury, CT.

  • What is the size of Payrailz?

    Payrailz has 59 total employees.

  • What industry is Payrailz in?

    Payrailz’s primary industry is Financial Software.

  • Is Payrailz a private or public company?

    Payrailz is a Private company.

  • What is the current valuation of Payrailz?

    The current valuation of Payrailz is .

  • What is Payrailz’s current revenue?

    The current revenue for Payrailz is .

  • How much funding has Payrailz raised over time?

    Payrailz has raised $29.8M.

  • Who are Payrailz’s investors?

    Curql Collective, Evansville Teachers Federal Credit Union, First Data Ventures, Live Oak Ventures, and Next Level Ventures are 5 of 12 investors who have invested in Payrailz.

  • Who are Payrailz’s competitors?

    Worldpay, Wibmo, Hyperwallet Systems, Quickpay (Denmark), and Fidelity Payment Services are some of the 66 competitors of Payrailz.

  • When was Payrailz acquired?

    Payrailz was acquired on 31-Aug-2022.

  • Who acquired Payrailz?

    Payrailz was acquired by Jack Henry & Associates.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »