Paystone - About the company
Paystone is a series C company based in London (Canada), founded in 2009. It operates as a Provider of payment processing solutions, terminals, and point of sale systems. Paystone has raised $99M in funding from investors like National Bank of Canada, Canadian Business Growth Fund and Credit Mutuel Equity. The company has 277 active competitors, including 36 funded and 31 that have exited. Its top competitors include companies like PayU, Flutterwave and Airwallex.
Company Details
Provider of payment processing solutions, terminals, and point of sale systems. The company offers in-person payment terminals, online checkout options, and virtual terminals. It also provides invoicing, payment pages, and recurring payment services. The business delivers tools for managing inventory and customer interactions.
- Website
- www.paystone.com/
- Social
- Email ID
- *****@paystone.com
- Phone Number
- +1 **********
- Registered Address
- 3200 Wonderland Road South, London
Key Metrics
Founded Year
2009
Location
London, Canada
Stage
Series C
Total Funding
$99M in 3 rounds
Latest Funding Round
Investors
Ranked
20th among 277 active competitors
Employee Count
70 as on Jul 31, 2026
Legal entities associated with Paystone
Paystone is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Paystone Inc. CIN: 12783274 , Canada, Active | Mar 01, 2021 | - | - | - |
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Paystone's funding and investors
Paystone has raised a total funding of $99M over 3 rounds. Its first funding round was on Jan 21, 2021. Its latest funding round was a Series C round on Jul 23, 2021 for $*****. 1 investor participated in its latest round. Paystone has 3 institutional investors.
Here is the list of recent funding rounds of Paystone:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 23, 2021 | 4120822 | Series C | 1201155 | 3679388 | 5903078 | 7263076 |
Jan 21, 2021 | 2165073 | Series C | 3362092 | 3157327 | 1122432 | 4716170 |
Jan 21, 2021 | 2834978 | Conventional Debt | 2615087 | 1022523 | 4570733 |
Access funding benchmarks and valuations. Sign up today!View details of Paystone's funding rounds and investors
Paystone's founders and board of directors
Founder? Claim ProfileHere are the details of Paystone's key team members:
- Tarique Al-Ansari: CEO of Paystone. They serve on the board of 1 company.Contact Info: 1 email address
Paystone's Board of Directors
Paystone's board has 2 active members. Abdullah Saab and Tarique Al-Ansari are independent board members.Here is the list of Paystone's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 2y 6m | |
{{bncgh | Independent board member | - | Current | 3y 7m |
View details of Paystone's Founder profiles and Board Members
Paystone's employee count trend
Paystone has 70 employees as of Jul 26. Here is Paystone's employee count trend over the years:
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Paystone's Competitors and alternates
Top competitors of Paystone include PayU, Flutterwave and Airwallex. Here is the list of Top 10 competitors of Paystone, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PayU 2002, Amsterdam (Netherlands), Series C | Provider of online payment solutions and financial services for businesses | $35.1M | 84/100 | |
2nd |  Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
3rd | Airwallex 2015, San Francisco (United States), Series H | Provider of financial infrastructure for processing payments and managing treasury | $1.9B | 83/100 | |
4th | Lightspeed 2005, Montreal (Canada), Public | Provider of point of sale and payment platform for businesses | $292M | 79/100 | |
5th | ACI Worldwide 1975, Omaha (United States), Public | Process and manage digital payments | - | 74/100 | |
6th | Provider of payment solutions, risk management, and banking and issuing services | $322M | 72/100 | ||
7th |  Bolt 2014, San Francisco (United States), Series E | Provider of single-click checkout solution for e-commerce businesses | $947M | 68/100 | |
8th | Paddle 2012, London (United Kingdom), Series D | Provider of merchant of record services for digital product businesses | $293M | 66/100 | |
9th | Cross-border money transfers for businesses and individuals | $5M | 66/100 | ||
10th |  PingPong Payments 2015, London (United Kingdom), Series C | Online platform providing cross-border business payment solutions | $124M | 63/100 | |
20th | Provider of payment processing solutions, terminals, and point of sale systems | $99M | 57/100 |
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Paystone's Investments and acquisitions
Paystone has not made any investments yet. Paystone has made 6 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Dec 12, 2024 | Acquisition | 2012 | Ottawa (Canada) | |
Jan 26, 2022 | Acquisition | 2010 | New York City (United States) | |
Oct 13, 2021 | Acquisition | 2015 | London (Canada) |
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Reports related to Paystone
Here is the latest report on Paystone's sector:
News related to Paystone
Filter this listMedia has covered Paystone for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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Ackroo to be acquired by payment and software company PaystoneSeeking Alpha•Dec 13, 2024•Ackroo, Paystone
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Paystone Becomes Canada’s Largest Payments Provider With Canadian Payment Services AcquisitionPYMNTS.com•Jan 26, 2022•Paystone, Fiserv, CPS
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Consumer Engagement Firm Paystone Closes Deal for Reputation Startup NiceJobPYMNTS.com•Oct 13, 2021•Paystone, NiceJob
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Paystone Raises $30M in Funding from Crédit Mutuel EquityFinSMEs•Jul 26, 2021•Paystone, Credit Mutuel Equity, Canadian Business Growth Fund, National Bank of Canada and 2 others
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Paystone raises funds to fuel growthFinextra•Jan 28, 2021•Paystone, Canadian Business Growth Fund, National Bank of Canada
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