Tech Company Financing Transactions
PayEngine Funding Round
PayEngine, based in Santa Monica, secured $10 million in investment from Point72 Ventures, BAM Ventures and K5 Global.
Transaction Overview
Company Name
Announced On
5/23/2022
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to grow its team, expand access to clientele, develop more financial product offerings within its platform and shore up its international support.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
202 Bicknell Ave.
Santa Monica, CA 90405
USA
Santa Monica, CA 90405
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
PayEngine enables vertical market software companies to monetize their revenue. Through our platform, you can set your rates over interchange, control the margins, and retain the majority of your profits.
Management Team
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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