FundedIQ
Financial Services

PayNearMe: Funding, Investors & Team (Sep 2026)

PayNearMe is a payments platform that allows businesses and government agencies to accept various forms of payment, including cash, debit, credit, ACH, and mobile payment methods such as PayPal, Venmo, Apple Pay, and Google Pay. It offers a user-friendly mobile experience for customers, making it easy for businesses to collect payments. Additionally, PayNearMe provides payment reminders and integrates with mobile wallets to encourage timely payments. For cash payments, consumers can visit any of the 40,000 trusted locations, such as 7-Eleven, Walmart, Family Dollar, Casey's General Stores, and ACE Cash Express stores, in their neighborhood. PayNearMe handles cash payments for several organizations, including the IRS, Comcast, Greyhound, Oportun, and the California Department of Child Support Services. PayNearMe is operated by its wholly owned subsidiary, PayNearMe MT, Inc. To stay updated with PayNearMe, you can follow them on Twitter and Facebook. © 2023 PayNearMe Inc. All rights reserved. PayNearMe MT, Inc., a wholly owned subsidiary of PayNearMe, Inc., offers money transmission services.

home.paynearme.com Santa Clara, United States 101-250 employees
Financial Services FinTech Mobile Payments Payments B2B B2C
Total raised
$95.0M
Rounds
2
Latest
Series E
Sep 2025

PayNearMe has raised $95.0M across 2 funding rounds on record, the most recent a Series E of $50.0M announced in Sep 2025.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

PayNearMe Company Profile and Key Stats

Total funding raised
$95.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series E
$50.0M in Sep 2025
Employees
101-250
reported band
Headquarters
Santa Clara, United States

Latest funding round on record: Sep 2025.

PayNearMe Funding Rounds

Date
Round
Amount
Series E
$50.0M
Series D
$45.0M

PayNearMe raised $45.0M in a Series D announced in Jun 2023.

2.3 years later, a Series E of $50.0M was announced in Sep 2025.

PayNearMe Founders and Leadership Team

Name
Role
Contact
Danny Shader
Founder

No contact details are on record for this team yet.

PayNearMe Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,981
$7.5M
270
$100M

PayNearMe's latest round of $50.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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PayNearMe Funding FAQs

What does PayNearMe do?

PayNearMe is a payments platform that allows businesses and government agencies to accept various forms of payment, including cash, debit, credit, ACH, and mobile payment methods such as PayPal, Venmo, Apple Pay, and Google Pay. It offers a user-friendly mobile experience for customers, making it easy for businesses to collect payments. Additionally, PayNearMe provides payment reminders and integrates with mobile wallets to encourage timely payments. For cash payments, consumers can visit any of the 40,000 trusted locations, such as 7-Eleven, Walmart, Family Dollar, Casey's General Stores, and ACE Cash Express stores, in their neighborhood. PayNearMe handles cash payments for several organizations, including the IRS, Comcast, Greyhound, Oportun, and the California Department of Child Support Services. PayNearMe is operated by its wholly owned subsidiary, PayNearMe MT, Inc. To stay updated with PayNearMe, you can follow them on Twitter and Facebook. © 2023 PayNearMe Inc. All rights reserved. PayNearMe MT, Inc., a wholly owned subsidiary of PayNearMe, Inc., offers money transmission services.

How much funding has PayNearMe raised?

PayNearMe has raised $95.0M across 2 rounds on record. The most recent is a Series E of $50.0M announced in Sep 2025.

When did PayNearMe last raise funding?

PayNearMe's most recent funding round on record is a Series E of $50.0M, announced in Sep 2025.

Who founded PayNearMe?

FundedIQ lists Danny Shader (Founder) at PayNearMe.

Where is PayNearMe headquartered?

PayNearMe is based in Santa Clara, California, United States.

How many employees does PayNearMe have?

PayNearMe is in the 101-250 employee band.

How does PayNearMe's funding compare to other Financial Services startups?

PayNearMe's latest round of $50.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.

About FundedIQ's PayNearMe Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for PayNearMe is left off this page rather than filled in.

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