Company:Paydiant
From HandWiki
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| Type | Subsidiary |
|---|---|
| Fate | Acquired |
| Successor | PayPal |
| Founded | Script error: No such module "Date time". |
| Founders |
|
| Defunct | 2015 |
| Headquarters | Auburndale, Massachusetts, |
| Parent | PayPal[1] |
| Website | www |
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.[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
- ↑ 1.0 1.1 "PayPal to pay $280M for Apple Pay rival Paydiant". https://www.cnbc.com/2015/03/02/paypal-to-pay-280-million-for-paydiant-the-startup-behind-walmarts-apple-pay-competitor.html.
- ↑ Wauters, Robin. "Paydiant Throws Its Hat Into The Mobile Payments Ring, Raises $7.6 Million". https://techcrunch.com/2011/02/22/paydiant-throws-hat-into-the-mobile-payments-ring-raises-7-6-million/.
- ↑ Lunden, Ingrid. "Paydiant Gets $12M More To Build Out Its White-Label Mobile Payments API". https://techcrunch.com/2012/07/09/paydiant-gets-12m-more-to-build-out-its-white-label-mobile-payments-api/.
- ↑ "Sec form d". https://www.sec.gov/Archives/edgar/data/1513747/000151374712000002/xslFormDX01/primary_doc.xml.
- ↑ "Paydiant Closes $15M Funding". 2013-09-10. http://www.finsmes.com/2013/09/paydiant-closes-15m-funding.html.
- ↑ "PayPal to Pay $280 Million for Paydiant to Help Retailers Compete With Apple Pay". http://recode.net/2015/03/02/paypal-to-pay-280-million-for-paydiant-the-startup-behind-walmarts-apple-pay-competitor/.
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