When was PayNearMe founded?

PayNearMe was founded in 2009 and raised its 1st funding round within a year of its incorporation.

Where is PayNearMe located?

PayNearMe is headquartered in Santa Clara, United States. It is registered at Sunnyvale, California.

How many employees does PayNearMe have?

As of May 31, 2026, the latest employee count at PayNearMe is 292.

Is PayNearMe a funded company?

PayNearMe is a funded company, having raised a total of $203M across 13 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 15, 2009.

How much is PayNearMe worth?

The latest valuation of PayNearMe is $***** as of Sep 16, 2025.

When was the latest funding round of PayNearMe?

PayNearMe's latest funding was a $***** Series E round on Sep 16, 2025, with participation from 1 investor.

Where does PayNearMe rank among its competitors?

PayNearMe ranks 1st amongst 112 active competitors, of which 19 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Primer, which secured $100M in May, 2026.

Who are the top competitors of PayNearMe?

PayNearMe's top competitors include Primer, Fun and APEXX. Among them, Primer secured the most recent funding round in May, 2026.

PayNearMe - 2026 Company Profile, Team, Funding & Competitors

PayNearMe is a series E company based in Santa Clara (United States), founded in 2009 by Danny Shader. It operates as a Provider of platform facilitating payment acceptance, disbursement, and management services. PayNearMe has raised $203M in funding from investors like Khosla Ventures, Maveron and August Capital, with a current valuation of $*****. The company has 112 active competitors, including 19 funded and 5 that have exited. Its top competitors include companies like Primer, Fun and APEXX.

Company Details

Provider of platform facilitating payment acceptance, disbursement, and management services. The platform increases acceptance rates and drives self-service. It simplifies exceptions to lower the total cost of accepting payments. The platform offers modern and reliable payment experiences.

Website: home.paynearme.com/
Social
Email ID: *****@paynearme.com
Phone Number: +1 **********
Registered Address: Sunnyvale, California

Key Metrics

Founded Year

2009

Location

Santa Clara, United States

Stage

Series E

Total Funding

$203M in 13 rounds

Latest Funding Round

Series E, Sep 16, 2025, $*****

Post Money Valuation

$***** as on Sep 16, 2025

Investors

Khosla Ventures & 23 more

Ranked

1^st among 112 active competitors

Employee Count

292 as on May 31, 2026

Investment & Acquisitions

Marr Labs

Similar Companies

Primer & 113 more

View PayNearMe's full profile

PayNearMe is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Paynearme, Inc. CIN: 264695125 , United States, Active	Dec 31, 1999	-	228 (As on Dec 31, 2024)	-

PayNearMe has raised a total funding of $203M over 13 rounds. Its first funding round was on May 15, 2009. Its latest funding round was a Series E round on Sep 16, 2025 for $*****. 1 investor participated in its latest round. PayNearMe has 24 institutional investors.

Here is the list of recent funding rounds of PayNearMe:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 16, 2025	6855811	Series E	6676240	1234436	3714105	8822694
May 26, 2023	5904362	Series D	4731587	5888005	2411605	True Ventures & 5 more
Oct 08, 2019	6048849	Conventional Debt	2617982	6893758	3112007	6311892

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View details of PayNearMe's funding rounds and investors

The founders of PayNearMe is Danny Shader.

Here are the details of PayNearMe's key team members:

Danny Shader: CTO, CISO, Founder of PayNearMe.

View details of PayNearMe's Founder profiles and Board Members

PayNearMe's employee count trend

PayNearMe has 292 employees as of May 26. Here is PayNearMe's employee count trend over the years:

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Top competitors of PayNearMe include Primer, Fun and APEXX. Here is the list of Top 10 competitors of PayNearMe, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayNearMe 2009, Santa Clara (United States), Series E	Provider of platform facilitating payment acceptance, disbursement, and management services	$203M	August Capital, Union Grove Venture Partners ... & 22 others	70/100
2nd	Primer 2019, London (United Kingdom), Series C	Provider of unified infrastructure for payment acceptance, routing, and reconciliation	$174M	Sofina, Seedcamp & 16 others	67/100
3rd	Fun 2022, San Francisco (United States), Series A	Provider of payment infrastructure for moving money across blockchain networks	$75.9M	SignalFire, JAM Fund & 11 others	67/100
4th	APEXX 2015, London (United Kingdom), Series B	Provider of a platform for payment orchestration and transaction processing	$57.4M	Forward Partners, MMC Ventures & 41 others	63/100
5th	Pagos AI 2021, Wilmington (United States), Series A	Provider of AI-powered platform optimizing payments data for higher conversions	$44M	Underscore VC, Arbor Ventures & 7 others	61/100
6th	Payrails 2021, Berlin (Germany), Series A	Provider of modular platform for payment and financial infrastructure management	$52.8M	EQT, HV Capital & 7 others	61/100
7th	Spreedly 2007, Durham (United States), Acquired	Provider of a platform for orchestrating global payment gateway integrations	$82.8M	Spectrum Equity, E-Merge	60/100
8th	CellPoint Digital 2007, London (United Kingdom), Series D	Provider of payment orchestration platform and related payment optimisation services	$68.9M	Penta Capital, Toscafund Asset Management ... & 56 others	58/100
9th	IXOPAY 2013, Vienna (Austria), Funding Raised	Provider of payment orchestration platform, tokenization, and AI-driven payment intelligence	-	Venionaire Capital, K1 Investment Management	52/100
10th	NjiaPay Johannesburg (South Africa), Seed	Provider of a platform for managing and optimizing online payment processing	$3.1M	HAVAIC, Newion & 1 others	52/100