PayNearMe
ProviderEmbedded-finance provider tracked in the Embedded Finance Index — disclosed by 4 companies across 1 category.
CategoriesPSP
Rank#103 of 538 in PSP
Buyers4 companies
HeadquartersSanta Clara, CA
Founded2009
FoundersDanny Shader
Raised$155M+
Claim this profile. Work at PayNearMe? Verify your work email to unlock the full buyer list.
Founders & story · from PayNearMe’s own dossier
Founded in 2009 as Kwedit to enable cash payments for underbanked consumers, PayNearMe evolved into Handle Financial and then into a full omnichannel bill payment and disbursements platform. The company progressively moved upmarket, adding ACH, card, and mobile wallet payment methods to its original cash network, targeting regulated industries like lending, gaming, insurance, and property management. By 2024-2025, PayNearMe had established itself as a payments infrastructure provider serving ~16,000 US businesses, with particular depth in consumer lending verticals, and began integrating open banking capabilities via a Trustly partnership.
Latest round: Series E, September 2025
Recent developments
- 2025-09Raised $50M Series E from Atlantic Vantage Point (AVP) backed by the European Investment Fund, to invest in omnichannel payment processing and expand into new markets. source ↗
- 2025Announced partnership with Trustly to enhance open banking technology on the PayNearMe platform. source ↗
- 2025Reported record 2025 performance in press release cited on homepage. source ↗
- 2024-09Announced expanded payment features and partner integrations for auto and personal lenders, reporting significant growth in lending sector over 18 months. source ↗
Who uses PayNearMe
4 companies disclose PayNearMe in their stack
Buyer mix · 4 of 4 classified
Vertical SaaS / Real Estate · 2Fintech / Consumer banking · 1Marketplace / Gig economy · 1
What the disclosures say
Fanduel“FanDuel's own deposit page (fanduel.com/how-to-deposit) lists Credit/Debit Card, Online Banking, PayPal, FanDuel Prepaid Play+, Cash at Counter (via PayNearMe), and Gift Cards as deposit methods.”
Digital Gaming Corporation“Betway sportsbook review on oddsscanner.com lists payment methods for Digital Gaming Corporation USA: Maestro, Mastercard, PayNearMe, PayPal, Play+, VIP Preferred, Visa, Visa Electron.”
Yardi“PayNearMe partnership provides walk-in cash rent payments across 27,000+ retail locations.”
Appfolio“Mastercard payment facilitator registry lists AppFolio; TechCrunch 2012 article confirms PayNearMe partnership for cash rent payments; AppFolio Add-On Terms reference electronic payment services.”
The complete buyer list and each company’s full embedded-finance stack are in the
Embedded Finance Index report. Represent PayNearMe? Claim this profile above to unlock your own full list.
Sample distribution — illustrative only, not PayNearMe’s actual buyers.
🇺🇸 United States · 40🇬🇧 United Kingdom · 22🇩🇪 Germany · 14🇮🇳 India · 12🇫🇷 France · 9🇸🇬 Singapore · 7🇦🇺 Australia · 6🇧🇷 Brazil · 5+2 more
What PayNearMe runs on · from its own dossier
The third-party providers PayNearMe itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose PayNearMe.
Alternatives to PayNearMe
Other PSP providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.
Share this rank
An embeddable badge for PayNearMe’s own site — it always shows this page’s current rank, so it stays accurate as new disclosures land. States its own denominator; never claims a number this page doesn’t.
Copy-paste snippet
<a href="https://www.embeddedfinanceindex.com/vendors/paynearme?ref=badge">
<img src="https://www.embeddedfinanceindex.com/api/badge/paynearme.svg"
alt="Ranked #103 of 538 in PSP — Embedded Finance Index 2026">
</a>
<img src="https://www.embeddedfinanceindex.com/api/badge/paynearme/install" width="1" height="1" alt="" style="display:none">PayNearMe — frequently asked
What does PayNearMe do?
PayNearMe is an embedded-finance provider in PSP. It ranks #103 of 538 PSP providers by disclosed buyers.
What are the alternatives to PayNearMe?
The most-disclosed PSP alternatives to PayNearMe are Stripe (783 buyers), Adyen (278 buyers), PayPal (153 buyers), Checkout.com (113 buyers), Worldpay (89 buyers) and Mollie (64 buyers).
Who founded PayNearMe?
PayNearMe was founded by Danny Shader and is founded in 2009, headquartered in Santa Clara, CA.
How much funding has PayNearMe raised?
PayNearMe has raised $155M+ in total.
Benchmark your own stack
Request an embedded finance strategy assessment
Get a read on where your own stack stands against PayNearMe and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.
- →Your category, mappedHow your stack compares to PayNearMe and the other buyers it serves.
- →Build vs. buyWhere a provider relationship would close a gap faster than building it.
- →A named analyst, not a form replyA short call to scope what's actually worth assessing for you.