Payall Lands $10M In A16Z-Led Seed Round To Help Banks Facilitate More Cross-Border Payments
PRIVATESep 15, 2022
Amount Raised
$10 Million
Round Type
Seed
Miami BeachOtherFinanceFintech
Description
When financial institutions want to offer a debit card or credit card, they hire an issuing processor to help them with those services. When they want to offer merchants the ability to accept cards, they sign up with an acquiring processor.
Quick answer
PayAll raised $10 Million in a Seed round, dated September 15, 2022. PayAll is based in Miami Beach, Florida, United States.
How much did PayAll raise?
PayAll raised $10 Million in a Seed round on September 15, 2022.
What does PayAll do?
Payall, the first-ever cross-border processor for banks, enables regulated financial institutions to move money safely at the speed of data.
Where is PayAll based and how big is it?
PayAll is based in Miami Beach, Florida, United States. Fundz records about 43 employees.
Who are the decision-makers at PayAll?
Fundz holds 1 contact at PayAll, including the Executive Officer, Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who to call at PayAll, and when
A new round usually means PayAll is about to hire and buy. The teams that reach out first get the meeting.
An alert the day PayAll raises, hires an executive or expands, scored against what you sell
The decision-makers there, with verified emails
Who you already know at PayAll, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at PayAll. With Fundz connected, it knows.
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Company Information
Company
PayAll
Location
1111 LINCOLN ROAD
Miami Beach, Florida, United States
About
Payall, the first-ever cross-border processor for banks, enables regulated financial institutions to move money safely at the speed of data. Our mission is to make cross-border payments fast, compliant, and cost-effective with a suite of breakthrough automated compliance and risk management solutions that bring transparency to the historically opaque world of correspondent banking. Cross-border payments enabled by our proprietary technology and processes run on a global single shared platform and use our novel "Know Your Customer's Customer" product. The platform includes core-like accounts for all users, with special-purpose payment processing representing "new rails" for near-instant and efficient global payments. Moreover, cross-border payment recipients have unprecedented, valuable choices to access and manage their money, with payout options that appeal to financially savvy and unbanked individuals.
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Fundz sees it the moment PayAll raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.