PayNearMe Inc. was formerly known as Kwedit Inc. The Company exists to build affordably-priced, innovative products that make it easier for consumers to conduct financial transactions and for businesses to serve those consumers.

Employee Rating

3.2More
TypePrivate
HQSunnyvale, US
Founded2009
Size (employees)52 (est)+2%
Websitepaynearme.com
PayNearMe was founded in 2009 and is headquartered in Sunnyvale, US
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Key People/Management at PayNearMe

John Minor

John Minor

VP of Product & Marketing
Scotty Perkins

Scotty Perkins

Director of Business Process Engineering
Michael Kaplan

Michael Kaplan

SVP of Business Development
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PayNearMe Office Locations

PayNearMe has an office in Sunnyvale
Sunnyvale, (HQ)
104 292 Gibraltar Dr
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PayNearMe Financials and Metrics

Summary Metrics

Founding Date

2009

PayNearMe total Funding

$81.2 m

PayNearMe latest funding size

$10 m

Time since last funding

a year ago

PayNearMe investors

PayNearMe's latest funding round in June 2017 was reported to be $10 m. In total, PayNearMe has raised $81.2 m
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PayNearMe Online and Social Media Presence

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PayNearMe News and Updates

PayNearMe Celebrates Momentum of its Electronic Payments Platform, Shaking up the Traditional Payments Industry with a Technology-First Approach

SUNNYVALE, Calif., Dec. 6, 2018 /PRNewswire/ -- PayNearMe's electronic payment platform, which adds support for ACH and card payments to the company's historical cash collection capability, is growing quickly and generating extremely positive customer reviews. The company's electronic...

PayNearMe Launches the Industry's Only Complete Mobile-First Payment System That Accepts Cash, Debit, Credit, and ACH Payments

SUNNYVALE, Calif., Sept. 27, 2018 /PRNewswire/ -- PayNearMe®, a service of Handle Financial, announced today the release of the industry's only complete mobile-first payment platform, enabling merchants to accept payments from their consumers at any time, anywhere, and any way they want...
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PayNearMe Blogs

Five Lending Trends to Watch in 2019 – 3 of 5

#3: Provide Richer User Experiences  Author: John Minor As 2018 comes to an end, new technology and deeper market knowledge bring more opportunities than ever for lenders to stay on top of regulations changes and better position themselves for the upcoming year. If you are a lender looking to revamp…

Five Lending Trends to Watch in 2019 – 2 of 5

  #2: Use Predictive Analytics Author: John Minor As 2018 comes to an end, new technology and deeper market knowledge bring more opportunities than ever for lenders to stay on top of regulations changes and better position themselves for the upcoming year. If you are a lender looking to revamp your …

Revolutioninzing Payments – A Faster Digital Experience Podcast

Revolutionizing Payments: A Faster Digital Experience dives into the global payments landscape, which has experienced rapid change from the introduction of real-time payments to mobile wallets. Join Ernaz Irani, Director of Marketing and PR and Bruce Gaskill, Strategic Account Executive at PayNearMe…

5 Lending Trends to Watch in 2019 – 1 of 5

As 2018 comes to an end, new technology and deeper market knowledge bring more opportunities than ever for lenders to stay on top of regulations changes and better position themselves for the upcoming year. If you are a lender looking to revamp your services, stay updated on this five-part series on…

Servicing Solutions Partners with PayNearMe

Irving, Texas, November 1, 2018—Servicing Solutions, a world-class loan servicing organization specializing in primary and back up servicing, today announced that it is partnering with PayNearMe to provide a wide array of convenient payment options to borrowers.   PayNearMe, based in Sunnyvale, CA, …

National Automobile Dealers Association 5 Top Lending Trends to Watch

Since 2017, sales in the auto lending industry have been declining, and are predicted to continue the downward trend through 2018 and possibly even into 2019. Owners are keeping their cars longer, car sharing services dissuade city-dwellers from buying their own vehicles, and rising interest rates m…
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PayNearMe Company Life and Culture

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PayNearMe Frequently Asked Questions

  • When was PayNearMe founded?

    PayNearMe was founded in 2009.

  • Who are PayNearMe key executives?

    PayNearMe's key executives are John Minor, Scotty Perkins and Michael Kaplan.

  • How many employees does PayNearMe have?

    PayNearMe has 52 employees.

  • Who are PayNearMe competitors?

    Competitors of PayNearMe include Stern International Bank, Crown Agents Bank and Central Pacific Financial.

  • Where is PayNearMe headquarters?

    PayNearMe headquarters is located at 104 292 Gibraltar Dr, Sunnyvale.

  • Where are PayNearMe offices?

    PayNearMe has an office in Sunnyvale.

  • How many offices does PayNearMe have?

    PayNearMe has 1 office.