Business Development Partner
PaystandSalary not specified
Full Time
Junior (1 to 2 years), Mid-level (3 to 4 years)
Paystand
Digital payment processing for B2B clients
Scotts Valley, California, United States
About Paystand
Paystand offers a digital payment processing platform for business-to-business (B2B) clients, allowing them to accept payments online and streamline financial operations. Instead of traditional per-transaction fees, Paystand uses a Payments-as-a-Service model with a fixed monthly or annual fee, helping businesses predict costs and save money. The platform features real-time updates, analytics for cash flow forecasting, and embedded payment links in invoices to enhance the payment experience. Paystand aims to reduce costs and improve customer satisfaction for its clients.
Scotts Valley, CaliforniaHeadquarters
2013Year Founded
$75.9MTotal Funding
SERIES_CCompany Stage
Data & Analytics, FintechIndustries
201-500Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Paid Sick Leave
401(k) Retirement Plan
401(k) Company Match
Stock Options
Risks
Increased competition from fintech startups may erode Paystand's market share.
Regulatory scrutiny on blockchain services could impact Paystand's operations.
Economic downturns may reduce business spending on digital payment solutions.
Differentiation
Paystand offers a zero-fee, blockchain-enabled B2B payment platform.
Their Payments-as-a-Service model provides predictable costs for high transaction volumes.
Integration with platforms like NetSuite and Microsoft Dynamics enhances their service offerings.
Upsides
Paystand's acquisition of Teampay expands its capabilities in spend management.
The rise of embedded finance solutions boosts Paystand's seamless payment experiences.
Growing blockchain adoption in supply chain finance opens new market opportunities.
Funding
Total raised$75.87 M
Latest valuation$250.00 M
StageSERIES_C
SERIES C
6/30/2021$50
$250.00 MSERIES A
10/31/2017$6
$30.00 MDEBT
5/31/2014N/A
$2
$10.00 M