Making payments the easiest part of running a business

Our Mission



For the past century, business payments have struggled to keep up with digitization. Every other part of the enterprise has gone digital, yet commercial finance has been left behind in an analog world plagued by costly fees, inefficient systems, and paper-driven processes. It’s time for a more seamless, simple, and intuitive way to manage transactions.

We created Paystand to eliminate fees, digitize the cash cycle, and make payments the easiest part of running a business.

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We asked ourselves one simple question: what would business payments look like if we built them from scratch today?

#NoPaper


How can you empower revenue and build an innovative business if paper-driven processes are limiting your potential?

#NoFees


You shouldn’t be penalized every time you make a sale. It’s time to replace transaction fees with one flat monthly rate.

#OpenIndustry


Removing gatekeepers will advance our industry and lead to lower costs, better security, and nearly instant transactions.

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Our story: We believe in a better financial system.



In 2013, Paystand dove headfirst into the uncharted waters of reinventing commercial finance.

Inspired by pioneers taking sales and marketing into the cloud to become faster and more efficient, it was easy to imagine a better financial system where making a transaction was as simple, fast, and intuitive as calling an Uber or Lyft. One where artificial intelligence could analyze an entire business and recommend customized improvements for each customer, based on their payments history.

Unfortunately, most payments solutions drain time and revenue. They charge outrageous fees, are hampered down by hidden costs and gatekeepers, and distract you from the important tasks that scale revenue.

So we’re building a solution that changes that. The Paystand network anchors on four key benefits that drive ROI for your business:

1. Faster time-to-cash so you never have to chase down payments.

2. Automate tedious, repetitive tasks to increase speed and efficiency.

3. Eliminate transaction fees to enable up to 50% cost savings.

4. Seamless and intuitive interactions for better customer experiences.

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Our Leadership Team


The Paystand executive team comprises visionaries and FinTech veterans with a passion for building disruptive technology. Our team has decades of experience bringing new technologies to market, driving growth from early stage ventures to public market IPOs, and engineering some of the most advanced financial technology in business and commercial uses cases today.

Our Board and Advisors

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Jonathan Ebinger
Board Member

General Partner, Blue Run Ventures

Jonathan Ebinger is a General Partner at BlueRun Ventures where he focuses on mobile, enterprise software and FinTech. Jonathan was the first institutional investor in PayPal and has invested in numerous fintech unicorns including Coupa and Kabbage. Prior to BlueRun, Jonathan was a marketing executive at Qwest Communications, Bell Atlantic and MCI Communications. He has also started e-commerce businesses as an entrepreneur.

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Neeraj Gupta
Board Member

Co-Founder and Managing Partner, Cervin Ventures

Neeraj Gupta is a Co-Founder and Managing Partner at Cervin Ventures, where he has led investments in Nexient, SnapLogic, and Punchh. Most recently, Neeraj was a member of the executive team at Patni, after its acquisition of Cymbal Corporation that he founded. Previously, he held numerous engineering and product management positions at Octel and Genesys. He is a Kauffman fellow.

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Roman Leal
Board Member

Managing Partner, Leap Global Partners

Roman Leal is a Managing Partner at Leap Global Partners, focused on cross-border opportunities. He is a serial entrepreneur and FinTech veteran, having served in a a variety of roles at PayPal and Goldman Sachs. At PayPal, he co-led next-gen financial services, digital currencies and P2P strategies. At Goldman, he was a founding member of the Emerging Technology Research and Payment Processing Around the World platforms

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Pete Kight
Advisor

Pete Kight is considered a pioneer in financial services technology, specifically in electronic
funds transfer, online banking, and electronic billing and payment. Today he is focused on driving
industry innovation, leading strategic development, and working with companies in the FinTech space.
Kight was the Founder, Chairman, and Chief Executive Officer of CheckFree until it was acquired by
Fiserv in December 2007 ($4.4 Billion).

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Scott Thompson
Advisor

Scott Thompson is currently the CEO of Tuition.io. He is the former President of PayPal and CEO of Yahoo, and is a renowned technologist best known for growing PayPal’s user base from 50 million to 104 million active users in 190 countries. Thompson also served as an executive vice president of technology solutions at Visa's Inovant subsidiary and worked as chief information officer of Barclays Global Investors.

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Mark Orttung
Advisor

Mark Orttung is the CEO of Nexient and former President and COO of Bill.com, a SaaS offering allowing companies to automate their payables and receivables. Under Mark’s leadership, the company grew revenue by almost 350% in his last two years. Mark was named one of the Top 50 Tech Services CEO’s in 2019. Mark is also an inventor or co-inventor on more than 30 US patents.

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Sameer Govil
Advisor

Sameer Govil is an active investor and advisor to early stage companies and venture firms. As SVP at Visa, he helped establish a roadmap for integrated commerce products, accelerating adoption of electronic payments globally. Sameer is currently a DCI Fellow, Stanford University and has also served on the Board of the Electronic Transaction Association, a governing body for US payment acquirers.

Our Investors


Paystand is venture backed by leading investors in Silicon Valley and has been recognized as one of the disruptive forces in business payments by publications such as TechCrunch, Wall Street Journal, Mashable, Forbes, and many others.

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