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Paywallet Secures $14 Million Funding

PRIVATEFeb 16, 2022

Amount Raised

$14 Million

Round Type

Funding Round

Jacksonville

Description

Paywallet LLC www.yourpaywallet.com, a payroll-linked verification and remittance ecosystem, today announced it has attracted $14 million to date in funding including a recently closed $8.82 million Series A funding round. The Series A funding round has been led by a new investor Pasaca Capital Inc., a private equity investment firm based in Pasadena, CA. Investors in the previous rounds, PruVista Capital LLC, a Jacksonville, FL based specialty finance investment company and Arcadia Funds LLC, a Burlington, MA based fintech-focused investment manager also participated in this Series A funding round.

Company Information

Company

Paywallet

Location

Jacksonville, North Carolina, United States

About

The latest round of investments will enable Paywallet to expand its sales and marketing efforts, build partnerships with other financial products and services companies, extend coverage to 95% of addressable end customers/users, help initiate growth internationally and bring scalable, decentralized applications to the lending industry through blockchain technology. Paywallet is the only full life-cycle payroll-linked SaaS platform that provides easy to integrate APIs for its clients for various lending journeys.

Fundz sees it the moment Paywallet raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for Paywallet's next move

See what Strategic adds

Paywallet raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.