Paydiant

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Paydiant, Inc.
Company typeSubsidiary
Founded2010 (2010)
Founders
  • Kevin Laracey
  • Chris Gardner
  • Joe Paratore
Defunct2015 (2015)
FateAcquired
SuccessorPayPal
HeadquartersAuburndale, Massachusetts,
ParentPayPal[1]
Websitewww.paydiant.com[dead link]

Paydiant was an American financial services company based in Auburndale, Massachusetts. It provided payment and wallet services for merchants, banks, point-of-sale, and ATM providers. The company was incorporated in 2010 and acquired by PayPal in 2015.

History

[edit | edit source]

In 2011, Paydiant raised $7.6 million funding from North Bridge Venture Partners and General Catalyst Partners.[2]

Paydiant received a funding of $12 million and $15 million in 2012 and 2013 respectively.[3][4][5]

Paydiant has provided mobile wallet platforms for MCX. In 2015, PayPal acquired Paydiant in a $280 million deal.[1][6]

References

[edit | edit source]
  1. ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  2. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  3. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  4. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  5. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  6. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).