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

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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

Aarhus N, Denmark
 

Vienna, Austria
 
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Payrailz Competitors (60)

One of Payrailz’s 60 competitors is Quickpay (Financial Software), a Private Equity-Backed company based in Aarhus N, Denmark.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Quickpay (Financial Software) Private Equity-Backed Aarhus N, Denmark
DaoPay Formerly VC-backed Vienna, Austria
Payguru Private Equity-Backed Istanbul, Turkey
Eco Venture Capital-Backed San Francisco, CA
Rapyd Venture Capital-Backed London, United Kingdom
You’re viewing 5 of 60 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

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Payrailz Former Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
Curql 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 »

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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, 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?

    Quickpay (Financial Software), DaoPay, Payguru, Eco, and Rapyd are some of the 60 competitors of Payrailz.

  • When was Payrailz acquired?

    Payrailz was acquired on 31-Aug-2022.

  • Who acquired Payrailz?

    Payrailz was acquired by Jack Henry & Associates.

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