PayNearMe Overview
- Founded
-
2009

- Status
-
Private
- Employees
-
157

- 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
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 |
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% |
PayNearMe Comparisons
Description
Primary
Industry
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
00000
0000
0000-00-00
00000000000
00000
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 |
PayNearMe Patents
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 |
PayNearMe Executive Team (27)
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 |
PayNearMe Signals
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 |
PayNearMe Acquisitions (1)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
00000 00000 | 31-May-2016 | 0000000000 | Financial Software | 000000 00 |
PayNearMe Exits (1)
Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
---|---|---|---|---|---|
00000 00000 | 31-May-2016 | 000000000000000000 | Completed |
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