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HomeFinTechPayEngine: Raises $10M in Series A Funding

PayEngine: Raises $10M in Series A Funding

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PayEngine Raises $10M in Series A Funding

  • PayEngine, a Los Angeles, CA-based white-label payments-facilitation platform for vertical SaaS companies, raised $10m in Series A funding
  • The round was led by Point72 Ventures, with participation from Mucker Capital, BAM Ventures and K5 Global
  • The company intends to use the funds to grow its team, expand access to clientele, develop more financial product offerings within its platform and shore up its international support
  • The company provides a platform that helps SaaS companies across a range of verticals including home services, automotive, construction
  • As a custom label offering, the platform can be branded for client use and can be integrated alongside a company’s other core software products in a matter of days

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