PayItSimple Garners $10,000,000 New Financing

  • Feed Type
  • Date
    5/27/2015
  • Company Name
    PayItSimple
  • Mailing Address
    260 Madison Avenue New York, NY 10016 USA
  • Company Description
    PayItSimple Ltd. was founded by veterans of the finance and retails industries. The PayItSimple solution has been patent protected in the United States since 2012. Our mission is to expand and enhance the traditional credit card experience offered to consumers by giving them more convenient purchase options.
  • Website
    http://www.payitsimple.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funding will enable merchants that have joined the PayItSimple platform to offer customers the ability to pay in secure, interest-free installments with the VISA and MasterCard credit cards they already have in their wallets, while the merchants receive the amount of the purchase upfront, without having to wait to receive payments over time.
  • M&A Terms
  • Venture Investor

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