Paay Garners $800,000 New Round

  • Feed Type
  • Date
    11/15/2013
  • Company Name
    Paay
  • Mailing Address
    125R Cedarhurst Avenue Cedarhurst, NY 11516
  • Company Description
    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.
  • Website
    http://www.paay.co
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $800,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds will be used to get out of bootstrap mode and hire full-time marketing and sales and graphics people.
  • M&A Terms
  • Venture Investor
    Undisclosed