PaidIt

Digital Payment Platform for Restaurants and Bars

Fintech & Insurtech
Acquired (Inactive) by Verifone on Apr 2020 - closed due to acquisition
Acquired Petah Tikva Founded 2017
LinkedIn
Total raised
$1.0M
Last: Seed 2018-06
Stage
Acquired
Founded
2017
Headcount
2
HQ
Petah Tikva
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

2018-06
Seed $1.0M

Company Intelligence Q&A

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What is PaidIt's primary business activity?
PaidIt is a digital payment platform that provides a mobile application for restaurants, bars, and cafes, enabling users to pay at the table, 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 inactive, having been acquired by Verifone in April 2020.
How much funding has PaidIt raised in total?
PaidIt has raised a total of $1,000,000 USD.
When did PaidIt complete its last funding round and who were the lead investors?
PaidIt completed a Seed funding round in June 2018, raising $1,000,000. Madgera was among the investors.
Who acquired PaidIt and when did the acquisition occur?
PaidIt was acquired by Verifone in April 2020.
How many employees does PaidIt have?
PaidIt has 2 employees.
Who are the founders of PaidIt?
The founders of PaidIt are Eilon Elhadad, Daniel Khayat, and Rotem Natan.
In which country is PaidIt headquartered?
PaidIt is headquartered in Petah Tikva, Israel.

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