PowerPay: Funding, Investors & Team (Oct 2026)
PowerPay is a digital lending platform in home improvement, healthcare, solar - merchant point of sale. Our AI offers instant approvals on unsecured loans up to $100,000. With nearly 10,000 merchants in our network we offer interest rates from 4.99%-14.99% for up to 15 years with 2 years of deferred payments for those who qualify. We are not a credit card so we have no prepayment penalties or balloon payments. Come visit us at http://getpowerpay.com/
PowerPay has raised $60.0M across 2 funding rounds on record, the most recent an undisclosed round announced in Apr 2025.
PowerPay Company Profile and Key Stats
Latest funding round on record: Apr 2025.
PowerPay Funding Rounds
1 of 2 rounds was announced without a disclosed amount and is excluded from the total.
PowerPay raised $60.0M in an undisclosed round announced in Oct 2024.
6 months later, an undisclosed round was announced in Apr 2025 with no disclosed amount.
PowerPay Founders and Leadership Team
No contact details are on record for this team yet.
PowerPay Funding Compared to Other Financial Services Startups
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PowerPay Funding FAQs
What does PowerPay do?
PowerPay is a digital lending platform in home improvement, healthcare, solar - merchant point of sale. Our AI offers instant approvals on unsecured loans up to $100,000. With nearly 10,000 merchants in our network we offer interest rates from 4.99%-14.99% for up to 15 years with 2 years of deferred payments for those who qualify. We are not a credit card so we have no prepayment penalties or balloon payments. Come visit us at http://getpowerpay.com/
How much funding has PowerPay raised?
PowerPay has raised $60.0M across 2 rounds on record.
When did PowerPay last raise funding?
PowerPay's most recent funding round on record was announced in Apr 2025. The amount was not disclosed.
Who founded PowerPay?
FundedIQ lists David Haas (Founder) at PowerPay.
Where is PowerPay headquartered?
PowerPay is based in King Of Prussia, Pennsylvania, United States.
How many employees does PowerPay have?
PowerPay is in the 101-250 employee band.
About FundedIQ's PowerPay 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 PowerPay is left off this page rather than filled in.
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