When was PayFacto founded?

PayFacto was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is PayFacto located?

PayFacto is headquartered in Montreal, Canada.

How many employees does PayFacto have?

As of Sep 30, 2026, the latest employee count at PayFacto is 296.

Is PayFacto a funded company?

PayFacto is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Aug 05, 2021.

When was the latest funding round of PayFacto?

PayFacto's latest funding was a $***** PE round on Aug 05, 2021, with participation from 2 investors.

Where does PayFacto rank among its competitors?

PayFacto ranks 8th amongst 161 active competitors, of which 10 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Mintoak, which secured $9M in Aug, 2026.

Who are the top competitors of PayFacto?

PayFacto's top competitors include Mintoak, Phi Commerce and Mylapay. Among them, Mintoak secured the most recent funding round in August, 2026.

PayFacto - 2026 Company Profile, Team, Funding & Competitors

PayFacto is a late stage company based in Montreal (Canada), founded in 2018. It operates as a Payment solutions for businesses. PayFacto has raised an undisclosed amount in funding from Flexpoint Ford. The company has 161 active competitors, including 10 funded and 16 that have exited. Its top competitors include companies like Mintoak, Phi Commerce and Mylapay.

Company Details

PayFacto provides payment solutions for businesses and organizations. It features payment gateway, hosted pages, and credit & debit payment terminals. It offers solutions for online payment processing and fraud & risk management.

Website: payfacto.com
Social
Email ID: *****@payfacto.com
Phone Number: +1 **********

Key Metrics

Founded Year

2018

Location

Montreal, Canada

Stage

Late Stage

Latest Funding Round

PE, Aug 05, 2021, $*****

Investors

Flexpoint Ford & 1 more

Ranked

8^th among 161 active competitors

Employee Count

296 as on Sep 30, 2026

Investment & Acquisitions

NEOPOS & 4 more

Similar Companies

Mintoak & 194 more

View PayFacto's full profile

PayFacto has raised funding over 1 round. Its latest funding round was a PE round on Aug 05, 2021 for $*****. 2 investors participated in its latest round. PayFacto has 2 institutional investors.

Here is the list of recent funding rounds of PayFacto:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 05, 2021	3512543	PE	7159041	7985930	6843627	8568710

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PayFacto's employee count trend

PayFacto has 296 employees as of Sep 26. Here is PayFacto's employee count trend over the years:

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Top competitors of PayFacto include Mintoak, Phi Commerce and Mylapay. Here is the list of Top 10 competitors of PayFacto, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mintoak 2017, Mumbai (India), Series A	Provider of merchant engagement, payment acceptance, and banking platform solutions	$30.6M	HDFC Bank, PayPal & 19 others	75/100
2nd	Phi Commerce 2015, Pune (India), Series B	Provider of omnichannel payment gateway and aggregator solutions for businesses	$27.1M	Beenext, Digital Garage & 9 others	61/100
3rd	Mylapay 2019, Chennai (India), Seed	Provider of payment processing and risk management solutions	$1.74M	CDM Capital, Cameo Corporate & 33 others	60/100
4th	PayPhi 2015, Pune (India), Series B	Provider of omnichannel payment solutions and infrastructure for diverse business needs	$27.1M	Beenext, Opus Technologies & 7 others	59/100
5th	Bambora 2014, Sydney (Australia), Acquired	Merchant acquiring, PoS and mobile payment solutions	-	Nordic Capital, Aii Corporation	55/100
6th	Infinitium 1997, Petaling Jaya (Malaysia), Acquired	Payment solution provider for acquirer and merchant	-	-	53/100
7th	Decta 2015, London (United Kingdom), Seed	Merchant acquiring and payment processing solutions	$275K	-	52/100
8th	PayFacto 2018, Montreal (Canada), Late Stage	Payment solutions for businesses	-	BMO, Flexpoint Ford	50/100
9th	CredoPay 2014, Chennai (India), Seed	Merchant acquirer payment processing solutions for businesses	$10.2M	EzSwype, Tjgreenenergy & 7 others	48/100
10th	Priority 2005, Alpharetta (United States), Acquired	Provider of integrated payments and banking solution services	-	-	47/100

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PayFacto has not made any investments yet. PayFacto has made 5 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 06, 2023	Acquisition	NEOPOS	1980	Montreal (Canada)
Jan 06, 2022	Acquisition	iShopFood	2015	Quebec City (Canada)
Feb 04, 2020	Acquisition	SecureTablePay	2016	Toronto (Canada)