PayNearMe Overview

  • Founded

  • 2009

Founded
  • Status

  • Private

  • Employees

  • 157

Employees
  • Latest Deal Type

  • Series D

  • Latest Deal Amount

  • $22.8M

  • Investors

  • 20

PayNearMe General Information

Description

Developer of web and mobile-based cash payment software designed to facilitate online purchases and bill payments. The company's software help users to pay with cash for a range of goods and services from companies in e-commerce, property management, consumer finance, and transportation, enabling businesses, government agencies, and retail stores to digitize their cash collection process, reduce the headache of traditional cash and money order acceptance.

Contact Information

Website
home.paynearme.com
Formerly Known As
Kwedit
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Primary Office
  • 5201 Great America Parkway
  • Suite 510
  • Santa Clara, CA 95054
  • United States
+1 (650) 000-0000

PayNearMe Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth

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PayNearMe Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
14. Later Stage VC (Series D) 30-Aug-2021 $22.8M 00000 00000 Completed Generating Revenue
13. Debt - General 01-Jan-2020 000.00 00000 Completed Generating Revenue
12. Later Stage VC (Series C1) 24-Sep-2019 00.000 00000 Completed Generating Revenue
11. Later Stage VC (Series B1) 14-May-2018 0000 00000 Completed Generating Revenue
10. Debt - General 29-Jun-2017 00000 Completed Generating Revenue
9. Later Stage VC (Series A1) 05-Jan-2017 000.00 00000 00000 Completed Generating Revenue
8. Debt - General 01-May-2016 0000 0000 Completed Generating Revenue
7. Later Stage VC (Series E) 03-Apr-2015 000.00 0000 00000 Completed Generating Revenue
6. Later Stage VC (Series E) 06-Feb-2014 $20M $54.5M 00000 Completed Startup
5. Later Stage VC (Series D) 07-Feb-2013 $12.1M $34.5M 000.00 Completed Startup
To view PayNearMe’s complete valuation and funding history, request access »

PayNearMe Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series D-1 00,000,000 00.000000 00 00.0 00.0 00 00.0 0.000
Series C-1 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series B-1 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series A2 000,000 00.000000 00 0000 0000 00 0000 0.000
Series AA1 4,500,000 $0.001000 8% $0.9 $0.9 1x $0.9 4.6%
Series A1 24,200,000 $0.001000 8% $0.9 $0.9 1x $0.9 24.75%
To view PayNearMe’s complete cap table history, request access »

PayNearMe Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of web and mobile-based cash payment software designed to facilitate online purchases and bill payments. The c
Financial Software
Santa Clara, CA
157 As of 2022
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000000000 00000000
Stockholm, Sweden
0000 As of 0000
00.000
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000000000 00000000
Gurugram, India
000 As of 0000
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PayNearMe Competitors (106)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Klarna Venture Capital-Backed Stockholm, Sweden 0000 00.000 00000 00000
00000000 Venture Capital-Backed Gurugram, India 000 00000 00000 00000
000000 Venture Capital-Backed Des Moines, IA 000 000.00 00000000000 000.00
00000 Venture Capital-Backed London, United Kingdom 000 00000 00000000000 00000
00000 Formerly VC-backed Amsterdam, Netherlands 0000 00.000 00000000000
You’re viewing 5 of 106 competitors. Get the full list »

PayNearMe Patents

  • 37

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 5

    Granted

  • 000

    Pending

  • 000

    Expiring in next 12 mo

PayNearMe Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20160034888-A1 Payment card virtualization Abandoned 01-Aug-2014 0000000000 0
US-20150324771-A1 Systems and methods for providing an optimized payment location for cash payments Abandoned 12-May-2014 000000000
US-10192407-B2 Systems and methods for cash payments for online gaming Active 10-Jan-2014 0000000000 00
US-20150199873-A1 Systems and methods for cash payments for online gaming Granted 10-Jan-2014 00000000000 0
US-10854046-B2 Systems and methods for cash payments for online gaming using location Active 10-Jan-2014 G07F17/329 00
To view PayNearMe’s complete patent history, request access »

PayNearMe Executive Team (27)

Name Title Board Seat Contact Info
Daniel Shader Founder, Chief Executive Officer, President & Board Member
Mirna Daouk Chief Financial Officer
Lee-Anne Farley Chief People Officer
Michael Kaplan Chief Revenue Officer, General Manager & Senior Vice President
Michael Tibbott Senior Vice President, Engineering
You’re viewing 5 of 27 executive team members. Get the full list »

PayNearMe Board Members (5)

Name Representing Role Since
Dan Levitan Maveron Board Member 000 0000
Daniel Shader PayNearMe Founder, Chief Executive Officer, President & Board Member 000 0000
David Hornik JD August Capital Board Observer & Advisor 000 0000
Jonathan Callaghan True Ventures Board Member 000 0000
William Clerico Self Board Member 000 0000
To view PayNearMe’s complete board members history, request access »

PayNearMe Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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PayNearMe Investors (20)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Evolution VC Partners Venture Capital Minority 000 0000 000000 0
Next Play Capital Venture Capital Minority 000 0000 000000 0
Costanoa Ventures Venture Capital Minority 000 0000 000000 0
Union Grove Venture Partners Venture Capital Minority 000 0000 000000 0
7 Ventures Corporate Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 20 investors. Get the full list »

PayNearMe Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 00000 31-May-2016 0000000000 Financial Software 000000 00
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PayNearMe Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 00000 31-May-2016 000000000000000000 Completed
  • 000000000
To view PayNearMe’s complete exits history, request access »