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Paydiant

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

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

Paydiant received a funding of $12 million and $15 million in 2012 and 2013 respectively.

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

References