PaidIt

Digital Payment Platform for Restaurants and Bars

Fintech & Insurtech
Acquired by Verifone
Acquired Petah Tikva, Israel Founded 2017
LinkedIn
Last updated 2026-06-18
Total raised
$1.0M
Last: 2018-06
Stage
Acquired
Founded
2017
Headcount
2
HQ
Petah Tikva, Israel
Sector
Fintech & Insurtech

About

PaidIt is a digital payment platform that offers a simple and secure pay-at-table mobile application for restaurants, bars, and cafes. With PaidIt, users can share and split the check. By scanning the QR code, they can choose the products they want to pay for and the payment method.

Funding history · 1 round · $1.0M total

Q&A

What is PaidIt's primary business?
PaidIt is a digital payment platform that provides a pay-at-table mobile application for restaurants, bars, and cafes, enabling users to share and split checks by scanning a QR code.
When was PaidIt founded?
PaidIt was founded in January 2017.
What is PaidIt's current operational status?
PaidIt is currently active, but its status reason indicates it was acquired by Verifone in April 2020, leading to its closure due to the acquisition.
How much funding has PaidIt raised in total?
PaidIt has raised a total of $1,000,000.
When was PaidIt's last funding round and who were the investors?
PaidIt's last funding round was in June 2018, with participation from Madgera.
What is PaidIt's primary sector?
PaidIt's primary sector is Fintech & Insurtech.
What business models does PaidIt use?
PaidIt utilizes B2C and B2B2C business models.

Team · 3

Founder · Co-founder & CEO
LinkedIn ↗
Founder · Co-Founder & Chief Sales & Marketing
LinkedIn ↗
Founder · Co-founder & CTO
LinkedIn ↗

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & InterfacesMobile
Target customers
Food Retail & ConsumptionRestaurantsConsumers
Business model
B2CB2B2C

Tags

user-experiencemobile-paymentsfintechrestaurantsmobile-applicationspoint-of-saleqr-codelifestylepayments
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