Payzday
Risk Management Tool for eCommerce
Company Overview
Snapshot
Founded in June 2017 by Avi Yalon and Nir Salomon, Payzday operated with 1–10 employees. The company raised $1.5M across two funding rounds from four investors. In March 2019, Moneta VC invested in Payzday.
Business overview
Payzday develops a risk management tool for eCommerce, specializing in analyzing and predicting merchant behavior on marketplaces. The company's core technology provides continuous monitoring to identify and predict unlawful, risky, or unstable merchant activities in near real-time. Payzday aims to protect online marketplaces from unnecessary exposure by serving the Fintech and eCommerce sectors.
Strategic signal
Payzday ceased operations in May 2023, indicating a significant strategic shift and the conclusion of its venture. This event signals to investors and innovation teams that the company's business model or market approach was not sustainable, leading to its shutdown.
Log in to access full profile ›Company Intelligence Q&A
- What is Payzday's primary focus?
- Payzday focuses on providing a risk management tool for eCommerce, specifically designed to analyze and predict merchant behavior on online marketplaces.
- When was Payzday founded?
- Payzday was founded in June 2017.
- Who are the founders of Payzday?
- Payzday was founded by Avi Yalon and Nir Salomon.
- What was the company's operational status as of May 2023?
- As of May 2023, Payzday ceased to operate.
- Which investor participated in Payzday's funding round in March 2019?
- In March 2019, Moneta VC participated in Payzday's funding round.