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Boom Pay - About the company

Boom Pay is a seed company based in New York City (United States), founded in 2020 by Rob Whiting and Kirill Moizik. It operates as an Online platform for rental payments and credit building. Boom Pay has raised $5.3M in funding from Starting Line. The company has 27 active competitors, including 7 funded and 6 that have exited. Its top competitors include companies like Esusu, Pinata and Cushion AI.

Company Details

Online platform for rental payments and credit building. It enables renters to make payments via credit/debit cards, bank transfers, and wallets. It also builds credit scores of individuals for rental payments.
Social
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Email ID
*****@boompay.app
Phone Number
+1 **********
Key Metrics
Founded Year
2020
Location
New York City, United States
Stage
Seed
Total Funding
$5.3M in 2 rounds
Latest Funding Round
Ranked
Employee Count
70 as on Jan 05, 2026
Investment & Acquisitions
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Boom Pay's funding and investors

Boom Pay has raised a total funding of $5.3M over 2 rounds. Its latest funding round was a Seed round on May 31, 2023 for $*****. 6 investors participated in its latest round. Boom Pay has 9 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Boom Pay:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 31, 2023
5129005
Seed
5858411
4997907
8202630
3135363
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Boom Pay's founders and board of directors

Founder? Claim Profile
The founders of Boom Pay are Rob Whiting and Kirill Moizik.
Here are the details of Boom Pay's key team members:

Boom Pay's employee count trend

Boom Pay has 70 employees as of Jan 26. Here is Boom Pay's employee count trend over the years:
Employee count trend for Boom Pay
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Boom Pay's Competitors and alternates

Top competitors of Boom Pay include Esusu, Pinata and Cushion AI. Here is the list of Top 10 competitors of Boom Pay, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Esusu
Esusu
2018, New York City (United States), Series C
Online platform offering credit-building solutions through rent payment reporting
$200M
76/100
2nd
Logo for Pinata
Pinata
2019, New York City (United States), Series A
Provider of a platform that reports rent payments to credit bureaus
$27.6M
64/100
3rd
Logo for Cushion AI
Cushion AI
2016, San Francisco (United States), Acquired
Bill payment and credit builder solutions for consumers
$22.5M
62/100
4th
Logo for Boom Pay
Boom Pay
2020, New York City (United States), Seed
Online platform for rental payments and credit building
$5.3M
55/100
5th
Logo for Livble
Livble
2021, New York City (United States), Acquired
Provider of embedded financing capabilities for property management software
-
-
54/100
6th
Logo for StellarFi
StellarFi
2021, Austin (United States), Series A
Online platform offering credit repair solutions for consumers by reporting bill payments
$25.7M
43/100
7th
Logo for Hatch Credit
Hatch Credit
2019, Los Angeles (United States), Deadpooled
App-based platform for credit score building
$15.1M
-
42/100
8th
Logo for PayYourRent
PayYourRent
2007, Beverly Hills (United States), Unfunded
Enables online rent payment and reports rent payments to credit bureau
-
-
38/100
9th
Logo for Pinch
Pinch
2010, San Francisco (United States), Acquired
Provider of home brokerage services
-
36/100
10th
Logo for RentTrack
RentTrack
2013, Minneapolis (United States), Acquired
Credit score building through rent payments
-
35/100
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Boom Pay's Investments and acquisitions

Boom Pay has acquired Alpaca. Boom Pay has not made any investments as of now.

Reports related to Boom Pay

Here is the latest report on Boom Pay's sector:

News related to Boom Pay

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FAQs about Boom Pay

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