PayRight

OverviewSuggest Edit

PayRight is a payment plan provider that enables merchants to offer a buy now, pay later payment option to their customers. The Company practices responsible lending and performs extensive identification and credit checks to ensure a customer’s repayment capability.

TypePrivate
Founded2016
HQHawthorn East, AU
Websitepayright.com.au

Latest Updates

Employees (est.) (Mar 2020)29(+12%)

Key People/Management at PayRight

Myles Redward

Myles Redward

Co-Founder & Joint CEO
Mark Evans

Mark Evans

Chief Technology Officer
Piers Redward

Piers Redward

Co-Founder & Joint CEO
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PayRight Office Locations

PayRight has an office in Hawthorn East
Hawthorn East, AU (HQ)
Level 2, Suite 4/789 Toorak Rd
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PayRight Financials and Metrics

Summary Metrics

Founding Date

2016

PayRight total Funding

$27 m

PayRight latest funding size

$27 m

Time since last funding

8 months ago

PayRight investors

PayRight's latest funding round in July 2019 was reported to be $27 m. In total, PayRight has raised $27 m
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PayRight Operating Metrics

PayRight's Customers was reported to be 20 k in Mar, 2019.
Mar, 2019

Customers

20 k

Merchants

1 k
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PayRight Online and Social Media Presence

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PayRight News and Updates

New data reveals the boom in payments fintech as challenger Payright expands to New Zealand

Payright co-founders Piers Redward and Myles Redward. Photo: supplied Australian payment plan fintech Payright is launching its buy now, pay later service in New Zealand in its first offshore foray. The buy now, pay later (BNPL) startup, typically for products prices between around $1,000 and up to …

Australian buy now pay later provder Payright lands in New Zealand

Australian fintech and innovative payment plan provider Payright today announced its first internati...

Aussie payment plan company Payright moves into e-commerce

Australian fintech and payment plan provider Payright today announced its move into e-commerce enabl...

PayRight Blogs

Supporting you through COVID-19

Like many of you, we have been closely monitoring the evolving information and challenges that COVID-19 brings. As we all navigate the implications on the day-to-day, we want to assure you that Payright remains committed to empowering the continued success of our merchant partners as well as the hea…

Payright supports AFIA Buy Now, Pay Later Code

Following the inquiry conducted by the Senate Economics Reference Committee, which recommended the development of a BNPL Code of Practice, AFIA and BNPL members have come together to propose the release of a Code of Practice for the BNPL sector. The six-week public consultation commenced in mid-Janu…

Top10 Dynamic Entrepreneurs: The family duo behind Payright

The brothers work together as the co-founders and joint CEOs of Payright, which is the latest payment plan provider in the market that targets products and services with higher price points. They identified a gap in the billion dollar ‘buy now, pay later’ industry and clearly other people agreed the…

Australian buy now, pay later provider Payright sets its sights on global expansion with first leap into New Zealand

Australian fintech and innovative payment plan provider Payright today announced its first international venture, extending its buy now, pay later service into New Zealand. Top brands including Saladmaster, Amway and Nutrimetics already on the platform in Australia will offer Payright in New Zealand…

Payright wins Fintech Business of the year

We are proud to announce that Payright was awarded the ‘Fintech Business of the Year’ award at the My Business Awards in Sydney on November 15. This award recognised us as the fintech business that has most effectively capitalised on market opportunities and embraced technology to drive business gro…

Payright sets its sights on global expansion with first leap into New Zealand

Melbourne, Australia, 12 November 2019 – Australian fintech and innovative payment plan provider Payright today announced its first international venture, extending its buy now, pay later service into New Zealand. Top brands including Saladmaster, Amway and Nutrimetics already on the platform in Aus…
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PayRight Frequently Asked Questions

  • When was PayRight founded?

    PayRight was founded in 2016.

  • Who are PayRight key executives?

    PayRight's key executives are Myles Redward, Mark Evans and Piers Redward.

  • How many employees does PayRight have?

    PayRight has 29 employees.

  • Who are PayRight competitors?

    Competitors of PayRight include PayHere, PingPong and SurchX.

  • Where is PayRight headquarters?

    PayRight headquarters is located at Level 2, Suite 4/789 Toorak Rd, Hawthorn East.

  • Where are PayRight offices?

    PayRight has an office in Hawthorn East.

  • How many offices does PayRight have?

    PayRight has 1 office.