Paydiant
| Company type | Subsidiary |
|---|---|
| Founded | 2010 |
| Founder |
|
| Headquarters | 275 Grove St, Auburndale, Massachusetts, |
| Parent | PayPal[1] |
| Website | www |
Paydiant, Inc. is a PayPal-owned financial services company based in Auburndale, Massachusetts, which was incorporated in 2010. Paydiant provides cloud-based services for merchants, banks, and point-of-sale and ATM providers.
History
[edit]In 2011, Paydiant raised $7.6 million funding from North Bridge Venture Partners and General Catalyst Partners.[2]
Paydiant received a funding of $12 million and $15 million in 2012 and 2013 respectively.[3][4][5]
Paydiant has provided mobile wallet platforms for MCX. In 2015, PayPal acquired Paydiant in a $280 million deal.[1][6]
References
[edit]- ^ a b "PayPal to pay $280M for Apple Pay rival Paydiant". CNBC. Retrieved 2016-02-29.
- ^ Wauters, Robin. "Paydiant Throws Its Hat Into The Mobile Payments Ring, Raises $7.6 Million". TechCrunch. Retrieved 2016-02-29.
- ^ Lunden, Ingrid. "Paydiant Gets $12M More To Build Out Its White-Label Mobile Payments API". TechCrunch. Retrieved 2016-02-29.
- ^ "Sec form d". www.sec.gov. Retrieved 2016-02-29.
- ^ "Paydiant Closes $15M Funding". FinSMEs. 2013-09-10. Retrieved 2016-02-29.
- ^ "PayPal to Pay $280 Million for Paydiant to Help Retailers Compete With Apple Pay". Re/code. Retrieved 2016-02-29.
External links
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- PayPal
- Mobile payments
- Electronic funds transfer
- Financial services companies established in 2010
- Online financial services companies of the United States
- 2015 mergers and acquisitions
- Companies based in Middlesex County, Massachusetts
- Newton, Massachusetts
- 2010 establishments in Massachusetts
- Finance stubs
- United States financial services company stubs