Fiat currencies
Crypto Currencies
No results for ""
We couldn't find anything matching your search.Try again with a different term.
Payall - Seed
Overview
Funding Date
September 15, 2022
Financing amount
$10M
Valuation
--
Catagory
Subcategory
About Payall - Seed
Payall, the first-ever bank processor for cross-border payments and international money transfers, announced it has closed a $10 million seed round led by Andreessen Horowitz (a16z).
Additional participants in the round are lead seed round investor Motivate VC along with PS27 Ventures and Bridgeport Partners, with SAFE conversions from RRE Ventures and Transcard. In addition, payment, security and technology entrepreneurs, innovators and investors, including Chuck Bernicker, Nish Bhalla, Matt Gillin, Stefan Happ, Kabir Syed and Chris Winship, also participated in the funding round.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2009 | 143 | businessplans@a16z.com | ||
| Fund | United States of America | 2019 | 4 | -- | ||
| Fund | United States of America | -- | 1 | -- | ||
| Fund | United States of America | 2019 | 1 | -- | ||
| Fund | United States of America | 1994 | 7 | info@rre.com | ||
| Corporate | Unknown | -- | 1 | -- | ||
| Angel Investor | Unknown | -- | 1 | -- | ||
| Angel Investor | Unknown | -- | 1 | -- | ||
| Angel Investor | Unknown | -- | 1 | -- | ||
| Angel Investor | Unknown | -- | 1 | -- |
Founders & Team
Gary Palmer
Company Profile / Project Introduction
Founded in 2018 and based in Miami Beach, Florida, Payall is the world's first bank processor for cross-border payments. Combining the disciplines of payment processing, banktech and regtech, Payall's unique technology powers a new paradigm for global correspondent banking-as-a-service and de-risks this massive, growing category. By partnering with Payall, regulated financial institutions around the world can quickly, securely and seamlessly implement and execute cross-border payments—enabling market-specific opportunities for financial institutions to compete with or drive fintech solutions.