What is PayStand?
PayStand operates as a sophisticated financial technology firm dedicated to the modernization of B2B payment ecosystems. By integrating blockchain and cloud-native architectures, the company provides a comprehensive Payments-as-a-Service platform. This solution enables enterprises to digitize and automate the entire cash lifecycle, effectively streamlining receivables and accelerating cash flow. By eliminating traditional transaction friction and enabling real-time financial recognition, PayStand addresses critical inefficiencies inherent in legacy corporate payment processes, positioning itself as an essential utility for modern enterprise operations.
How much funding has PayStand raised?
PayStand has raised a total of $79.3M across 6 funding rounds:
Multiple Rounds
$3.3M
Series A
$6M
Series B
$20M
Series C
$50M
Angel/Seed (2014): $1M with participation from Cervin Ventures, Central Coast Angels, and Serra Ventures
Other Financing Round (2014): $2M led by Signatures Capital LLC, Cervin Ventures, TiE LaunchPad, Central Coast Angels, and Serra Ventures
Other Financing Round (2014): $300K supported by Streamlined Ventures
Series A (2017): $6M featuring TiE, Serra Ventures, Capital for Founders, BlueRun Ventures, and Cervin Ventures
Series B (2020): $20M backed by Wildcat Venture Partners, Commerce Ventures, Epic Ventures, Battery Ventures, and DNX Ventures
Series C (2021): $50M with participation from King River Capital, NewView Capital, Industrious Ventures, Transform Capital, and SoftBank Group Corp
Key Investors in PayStand
SoftBank Group Corp
A global technology holding company that leverages its massive investment platforms to back transformative businesses capable of shaping the future of the Information Revolution.
NewView Capital
A venture growth firm specializing in high-potential enterprise software and fintech, providing both flexible capital and operational guidance to support critical scaling decisions.
King River Capital
A global venture capital firm focused on high-growth technology businesses, known for providing tailored strategic advice and long-term partnership to solve complex market problems.
What's next for PayStand?
With the infusion of $50M, PayStand is well-positioned to accelerate its product roadmap and expand its footprint within the enterprise software sector. The company is expected to leverage this capital to deepen its technological moat, particularly in the areas of automated reconciliation and blockchain-based settlement. As the firm transitions from a scaling phase to a market-dominant position, strategic focus will likely shift toward broader integration with global ERP systems and the expansion of its automated financial services to meet the increasing demand for real-time, transparent B2B transaction processing.
See full PayStand company page
