When was Payroc founded?

Payroc was founded in 2003 and raised its 1st funding round 13 years after it was founded.

Where is Payroc located?

Payroc is headquartered in Chicago, United States. It is registered at Tinley Park, Illinois.

How many employees does Payroc have?

As of Aug 31, 2026, the latest employee count at Payroc is 1131.

Is Payroc a funded company?

Payroc is a funded company, having raised a total of $14.3M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 01, 2016.

When was the latest funding round of Payroc?

Payroc's latest funding was a $***** Series A round on Feb 05, 2018, with participation from 0 investor.

Where does Payroc rank among its competitors?

Payroc ranks 168th amongst 6234 active competitors, of which 537 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Flutterwave, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of Payroc?

Payroc's top competitors include PayPal, Stripe and Razorpay. Among them, Flutterwave secured the most recent funding round in July, 2026.

Payroc - 2026 Company Profile, Team, Funding & Competitors

Company Details

Payroc provides payment processing solutions for businesses & merchants. It offers solutions such as payment gateways, POS terminals, reward-based payments, open banking APIs, and more. It facilitates payments via credit/debit cards, bank transfers, and wallets.

Website: payroc.com
Social
Registered Address: Tinley Park, Illinois

Key Metrics

Founded Year

2003

Location

Chicago, United States

Stage

Series A

Total Funding

$14.3M in 2 rounds

Latest Funding Round

Series A, Feb 05, 2018, $*****

Investors

Parthenon Capital & 1 more

Ranked

168^th among 6234 active competitors

Employee Count

1,131 as on Aug 31, 2026

Investment & Acquisitions

BlueSnap & 21 more

Similar Companies

PayPal & 3722 more

View Payroc's full profile

Payroc is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PAYROC WORLDACCESS, LLC CIN: 834535211 , United States, Active	Dec 31, 1999	-	643 (As on Dec 31, 2024)	-
PAYROC LLC CIN: 813394919 , United States, Active	Jun 13, 2016	-	37 (As on Dec 31, 2019)	-

Payroc has raised a total funding of $14.3M over 2 rounds. Its first funding round was on Oct 01, 2016. Payroc has 2 institutional investors.

Here is the list of recent funding rounds of Payroc:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 05, 2018	2719539	Series A	2532594	9510220	1388174	5238108
Oct 01, 2016	6518150	Series A	8745535	7417506	5419040	1691524

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View details of Payroc's funding rounds and investors

Payroc's employee count trend

Payroc has 1,131 employees as of Aug 26. Here is Payroc's employee count trend over the years:

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Top competitors of Payroc include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of Payroc, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayPal 1998, United States, Public	Provider of online payment solutions, money transfers, and virtual wallets	$216M	ING, MDP & 29 others	87/100
2nd	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 135 others	86/100
3rd	Razorpay 2014, Bengaluru (India), Series F	Provider of payment and business banking solutions for enterprises	$742M	Peak XV Partners, GIC & 35 others	85/100
4th	Flutterwave 2016, San Francisco (United States), Series E	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 73 others	83/100
5th	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$554M	Accel, Amasia & 28 others	83/100
6th	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 52 others	83/100
7th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 15 others	81/100
8th	Pine Labs 1998, Noida (India), Public	Provider of in-store and online payment, prepaid, and financial solutions	$954M	Peak XV Partners, Actis & 186 others	80/100
9th	GoCardless 2011, London (United Kingdom), Acquired	Provider of automated bank payment collection and recurring billing services	$540M	Adams Street Partners, Permira & 26 others	80/100
10th	PayU 2002, Amsterdam (Netherlands), Funding Raised	Provider of online payment solutions and financial services for businesses	-	PROSPER, Gecad Ventures & 4 others	79/100
168th	Payroc 2003, Chicago (United States), Series A	Payment processing solutions for businesses and merchants	$14.3M	Parthenon Capital, Maranon Capital	55/100

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Payroc has made 3 investments in companies including Quantic and RunSignUp. Payroc has also acquired 19 companies including BlueSnap and PayiQ.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 31, 2025	Acquisition	BlueSnap	2001	Waltham (United States)
Jul 22, 2025	Acquisition	PayiQ	2022	Irving (United States)
Feb 08, 2024	Acquisition	SterlingCard	1996	Markham (Canada)