Tech Company Financing Transactions
Paay Funding Round
On 11/15/2013, Paay raised $800 thousand in funding from private investors.
Transaction Overview
Company Name
Announced On
11/15/2013
Transaction Type
Venture Equity
Amount
$800,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds will be used to get out of bootstrap mode and hire full-time marketing and sales and graphics people.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
115 Bdwy. 07-105
New York, NY 10006
USA
New York, NY 10006
USA
Phone
Website
Email Address
Overview
A simple, secure way to make payments. One user ID, online, offline and everywhere in between. Its how payments were meant to be made. Paay's two-factor authentication process allows consumers to checkout in under 30 seconds while being MORE secure than swiping a card in person.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Yitz Mendlowitz
Co-Founder
James Ruffer
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Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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