Payroc - About the company
Payroc is a series A company based in Chicago (United States), founded in 2003. It operates as a Payment processing solutions for businesses and merchants. Payroc has raised $14.3M in funding. The company has 1339 active competitors, including 116 funded and 148 that have exited. Its top competitors include companies like PayPal, Stripe and PayU.
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
Investors
Ranked
54th among 1339 active competitors
Employee Count
1,134 as on Jul 31, 2026
Legal entities associated with Payroc
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) | - |
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Payroc's funding and investors
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 | 5550309 | Series A | 8324027 | 5169237 | 4395701 | 3026041 |
Oct 01, 2016 | 6153796 | Series A | 4846270 | 4695764 | 9071104 | 8770157 |
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Payroc's founders and board of directors
Founder? Claim ProfilePayroc's employee count trend
Payroc has 1,134 employees as of Jul 26. Here is Payroc's employee count trend over the years:
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Payroc's Competitors and alternates
Top competitors of Payroc include PayPal, Stripe and PayU. Here is the list of Top 10 competitors of Payroc, ranked by Tracxn score:
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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 | 87/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 86/100 | |
3rd | PayU 2002, Amsterdam (Netherlands), Series C | Provider of online payment solutions and financial services for businesses | $35.1M | 84/100 | |
4th |  Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
5th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 81/100 | |
6th |  Rapyd 2016, London (United Kingdom), Series F | Provider of financial infrastructure for processing payments and issuing cards | $1.01B | 76/100 | |
7th |  Corpay 2000, Atlanta (United States), Public | Provider of payment automation and expense management software solutions | $175M | 76/100 | |
8th |  Wave Systems 1996, Lee (United States), Late Stage | App-based wallet for cross-border money transfers | $326M | 75/100 | |
9th | Modern Treasury 2018, San Francisco (United States), Series C | Provider of APIs to automate and manage money movement and ledgering | $183M | 74/100 | |
10th | ACI Worldwide 1975, Omaha (United States), Public | Process and manage digital payments | - | 74/100 | |
54th | Payroc 2003, Chicago (United States), Series A | Payment processing solutions for businesses and merchants | $14.3M | 56/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Payroc's competitors? Click here to see the top ones
Payroc's Investments and acquisitions
Payroc has made 3 investments in companies including Quantic and RunSignUp. Payroc has also acquired 18 companies including BlueSnap and PayiQ.Here is the list of investments & acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 31, 2025 | Acquisition | 2001 | Waltham (United States) | |
Jul 22, 2025 | Acquisition | 2022 | Irving (United States) | |
Feb 08, 2024 | Acquisition | 1996 | Markham (Canada) |
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Reports related to Payroc
Here is the latest report on Payroc's sector:
News related to Payroc
Filter this listMedia has covered Payroc for a total of 18 events in the last 1 year, 6 of them have been about partnerships and 5 about company updates.
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Payroc Launches Integration Essentials to Accelerate Embedded Payments for Software PlatformsBusiness Wire•May 19, 2026•Payroc
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BlueSnap, Powered by Payroc, Launches Local Acquiring in New ZealandFinancial Post•Apr 28, 2026•BlueSnap, Payroc
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Payroc Launches Bodega AI: An AI-Powered POS System for High-SKU Retail BusinessesBusiness Wire•Apr 22, 2026•Payroc
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Payroc Partners with Jeanne D’Arc Credit Union for Payment SolutionsGlobal Fintech Series•Apr 13, 2026•Payroc
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Payroc and ID TECH Expand NEO 3 Device Family to Accelerate ISV GrowthBusiness Wire•Jan 12, 2026•iD Tech, Payroc
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Payroc and Myriad Systems Partner to Power Seamless Payment Integration for Healthcare ProvidersBusiness Wire•Dec 03, 2025•Myriad Systems, Payroc
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