PayToMe.co, a Palo Alto, CA-based AI-driven fintech platform that simplifies global payments and cross-border transactions for SMBs, has closed seed funding round.
Investors
The round was backed by Startupbootcamp and ACH Australia Investments Pty Ltd.
Startupbootcamp is a global network of industry-focused startup accelerators that provides investment and mentorship services. Founded in 2010, it operates over 20 industry-focused programs in major startup hubs, including Amsterdam, San Francisco, London, and Berlin.
ACH Australia Investments Pty Ltd. is an investment firm that focuses on innovative fintech solutions.
PayToMe Use of Funds
The company will use the funding to scale its platform, expand its go-to-market strategy, and drive cross-border user acquisition.
About PayToMe.co
Based in Silicon Valley, PayToMe.co is a fintech marketplace specializing in AI-driven payment solutions, cross-border financial transactions, and customizable digital invoicing for over 100 countries. In partnership with Stripe, Plaid, US Bank, and others, it connects to 12,000 financial institutions and 7,000 apps. Its suite of services, including Payment-as-a-Service (PaaS), Banking-as-a-Service (BaaS), and Software-as-a-Service (SaaS), empowers businesses to optimize financial processes, enhance cash flow, and reduce fraud while contributing to a sustainable and socially responsible financial ecosystem.
Funding Details
Company: PayToMe
Raised: Undisclosed
Round: Seed Round
Funding Date: October 2024
Investors: Startupbootcamp, ACH Australia Investments Pty Ltd.
Company Website: https://www.paytome.co/
Software Category: Financial
Source: https://www.prnewswire.com/news-releases/paytomeco-completes-seed-round-to-revolutionize-fintech-as-the-amazon-of-financial-services-302287445.html