Paycast
Company

Last deal

$34M

Amount

Series A

Stage

10.12.2021

Date

1

all rounds

$34M

Total amount

General

About Company
Paycast is a secure payments engine for online merchants and marketplaces.

Related to

SPG

SPG

SPG is a global payments platform that specializes in securing high-value peer-to-peer transactions through its digital escrow solution.

Sector

Industrial Support Services

Subsector

Transaction Processing Services

Keywords

E-Commerce, Marketplace, Financial Services

Location

London, UK

total rounds

1

total raised

$34M

Industry

Sector :

Subsector :

founded date

01.04.2020

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

Paycast partners with acquirers and marketplaces to provide a protected and secure way for buyers to complete transactions and for online sellers to receive funds. It serves as a payments hub and digital wallet for online sellers, freelancers, and gig-economy workers on C2C and B2B marketplaces worldwide. Paycast is the consumer-facing proposition of the Shieldpay Group, a global leader in securing high-value transactions. It was created in 2020 and is authorized and regulated by the Financial Conduct Authority (FCA) for payment services in the UK, Europe, the USA, and Asia. Paycast aims to revolutionize trust online and facilitate a new era of secure transactions in various industries, including real estate and mergers and acquisitions.
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