- Raised $10M funding round, Oct 2017
- Raised $6M funding round, Nov 2016
- Raised $400k funding round, Jan 2015
About
PayKey is a financial technology company that provides payment solutions to financial institutions and their customers. One of the company's latest products is Salary on Demand, which allows employees to access their earned wages before their scheduled payday.
With Salary on Demand, employees can easily request a portion of their earned wages through a mobile app, which is then deposited directly into their bank account. This allows employees to have greater control over their finances and manage unexpected expenses or emergencies without resorting to high-interest loans or credit cards.
PayKey's Salary on Demand solution also benefits employers by providing a way to attract and retain top talent, increase employee satisfaction, and reduce financial stress among their workforce. The solution integrates with existing payroll systems, making it easy for employers to implement without disrupting their current processes.
Funding history · 3 rounds · $16.4M total
Q&A
- What is PayKey's primary business?
- PayKey is a financial technology company that provides payment solutions to financial institutions and their customers. One of its key products is Salary on Demand, which enables employees to access earned wages before payday.
- When was PayKey founded?
- PayKey was founded in September 2014.
- What is PayKey's current employee count?
- PayKey currently has 11-50 employees.
- What is the total amount of funding PayKey has raised to date?
- PayKey has raised a total of $16.4 million USD across all funding rounds.
- When was PayKey's last funding round and who were the investors?
- PayKey's last funding round was in October 2017, with investors including Commerce Ventures and Magma Venture Partners.
- Which sector does PayKey primarily operate in?
- PayKey's primary sector is Fintech & Insurtech.
- What is PayKey's business model?
- PayKey operates on a B2B2C business model, targeting enterprise and professional services customers.
Team · 2
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | paykey.com |
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| linkedin.com/company/10358153 |
Identifiers & details
| Founded | 2014-9 |
|---|---|
| Employees (exact) | 22 |
Radar intelligence
Web history (Wayback)
| Domain | paykey.com |
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Certificate / subdomain footprint
| Subdomains | 22 |
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