• FOUNDING YEAR: 2014
    LOCATION:
    United States
    REGION:
    NC
    Last Update:
    27 Jun, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Mobile Payments, Prepaid Cards “All-in-one financial tool”, aiming to expedite various payment, loan and credit processes.
MAIN CLIENTS:
Retail consumers
COMMENT
Payzer’s mobile and cloud based platform allows customers to accept credit cards, debit cards, and electronic checks in the field or at the home office with real-time tracking across their organization, provide instant financing up to $55,000 using a mobile phone, tablet, or PC and control purchases by giving employees Visa Debit Purchasing Cards rather than a company credit card.

PEOPLE

FOUNDERS:
Doug Little, Joe Giordano
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Grotech Ventures, IDEA Fund Partners, Route 66 Ventures, Square 1 Bank

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$9.95 Millions
DATE OF LAST FUNDING:
Sep 2016
SEED & PRIOR FUNDING:
-
FUNDING SERIES:
SERIES A
$4.2 Millions Closed: Apr 2015
SERIES B
$4.25 Millions Closed: Sep 2016
LISTED:
NO
COMMENT:
Debt financing: $1.5 M raised in June 2016.

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