Draft:Paystand
American financial technology company
From Wikipedia, the free encyclopedia
Paystand is an American financial technology company that provides digital payment infrastructure and accounts receivable software for businesses. The company focuses on business-to-business (B2B) payments and financial automation using cloud-based technology and blockchain infrastructure.
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 Paystand logo | |
| Company type | Private |
|---|---|
| Industry | Financial technology |
| Founded | 2013 |
| Founder | Jeremy Almond |
| Headquarters | Santa Cruz, California, United States |
Key people | Jeremy Almond (CEO) |
| Products | B2B payment software, accounts receivable automation |
| Website | www |
The company was founded in 2013 by entrepreneur Jeremy Almond and is headquartered in Santa Cruz, California.
History
Paystand was founded in 2013 with the goal of digitizing business payments and reducing reliance on traditional credit card processing networks.
The company develops software that enables businesses to automate accounts receivable workflows, digital invoicing, and payment processing through cloud-based infrastructure.[1]
In 2022, Paystand merged with the Mexican fintech company Yaydoo in a transaction that expanded the company's operations across Latin America.[2]
Products and services
Paystand develops financial software designed to automate accounts receivable processes for businesses. The platform enables companies to manage invoicing, billing, and digital payment workflows through integrations with enterprise resource planning (ERP) systems.
The company focuses on business-to-business (B2B) payment infrastructure and financial automation, allowing organizations to digitize traditional payment processes and improve financial operations.
Cryptocurrency and payments
Paystand has also been discussed in the context of cryptocurrency-based payment ecosystems and digital financial infrastructure supporting blockchain technologies.[3]
Companies such as Bitwage have enabled global payroll services allowing workers to receive compensation in Bitcoin, contributing to the broader development of cryptocurrency-based financial systems.[4]