Tech Company Financing Transactions
PayNearMe Funding Round
PayNearMe, based in Sunnyvale, secured $45 million in funding from Queensland Investment Corporation, August Capital and Costanoa Venture Capital.
Transaction Overview
Company Name
Announced On
6/1/2023
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Series D
Investors
Proceeds Purpose
PayNearMe will use the funds to accelerate its growth, further develop its innovative payments platform, and create even more data-driven value for its clients.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
292 Gibraltar Dr. 104
Sunnyvale, CA 94089
USA
Sunnyvale, CA 94089
USA
Phone
Website
Email Address
Overview
PayNearMe enables consumers to pay conveniently with cash for a wide variety of goods and services from leading companies in e-commerce, direct response and catalog marketing, consumer finance and beyond at a local store, starting with more than 6,000 7-Eleven stores across the United States.
Management Team
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We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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