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 Apr 30, 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.

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 2nd amongst 43 active competitors, of which 18 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was APEXX, which secured $10M in Feb, 2026.

Who are the top competitors of PayNearMe?

PayNearMe's top competitors include PPRO, Primer and Spreedly. Among them, APEXX secured the most recent funding round in February, 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. The company has 43 active competitors, including 18 funded and 3 that have exited. Its top competitors include companies like PPRO, Primer and Spreedly.

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, $*****

Investors

Khosla Ventures & 23 more

Ranked

2^nd among 43 active competitors

Employee Count

292 as on Apr 30, 2026

Similar Companies

PPRO & 44 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	Documents
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	8185170	Series E	3362493	2477326	8227413	4092232
May 26, 2023	4503040	Series D	9685466	6996559	4214991	True Ventures & 5 more
Oct 08, 2019	2063219	Conventional Debt	7642551	2507924	5725220	1864954

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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: Founder & CEO of PayNearMe.

View details of PayNearMe's Founder profiles and Board Members

PayNearMe's employee count trend

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

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Top competitors of PayNearMe include PPRO, Primer and Spreedly. 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	PPRO 2006, London (United Kingdom), Series D	Provider of platform enabling local payment method integration and management	$463M	Sprints, Wellington & 12 others	72/100
2nd	PayNearMe 2009, Santa Clara (United States), Series E	Provider of platform facilitating payment acceptance, disbursement, and management services	$203M	August Capital, TriplePoint Capital & 22 others	70/100
3rd	Primer 2019, London (United Kingdom), Series B	Provider of unified infrastructure for payment acceptance, routing, and reconciliation	$73.9M	Iconiq Capital, Balderton Capital & 12 others	66/100
4th	Spreedly 2007, Durham (United States), Acquired	Provider of a platform for orchestrating global payment gateway integrations	$82.8M	Spectrum Equity, E-Merge	64/100
5th	Lemon Way 2007, Paris (France), Series B	Provider of modular payment solutions for marketplaces and alternative finance platforms	$39.3M	Breega, Toscafund Asset Management & 5 others	63/100
6th	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
7th	Payrails 2021, Berlin (Germany), Series A	Provider of modular platform for payment and financial infrastructure management	$52.8M	Andreessen Horowitz, HV Capital & 7 others	61/100
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	59/100
9th	APEXX 2015, London (United Kingdom), Series B	Provider of a platform for payment orchestration and transaction processing	$57.4M	Forward Partners, MMC Ventures & 40 others	58/100
10th	ProcessOut 2014, Paris (France), Acquired	Provider of a platform for payment analytics and routing services	$2.07M	Bouygues Telecom Initiatives, Right Side Capital Management ... & 6 others	51/100