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, Payzday secured a funding round from Moneta VC.
Business overview
Payzday provides a risk management tool for eCommerce, specializing in analyzing and predicting merchant behavior on online marketplaces. The company's core technology involves continuous monitoring and predictive analytics to identify unlawful, risky, or unstable merchant activities during onboarding and throughout their tenure. Payzday aims to protect online marketplaces from financial exposure by serving the Fintech & Insurtech sector, with a focus on B2B business models.
Strategic signal
Payzday ceased operations in May 2023, indicating a significant shift in its business trajectory. This event signals to investors and innovation teams that the company is no longer active in the market, marking a complete cessation of its risk management services for eCommerce.
Company Intelligence Q&A
- What is Payzday's primary focus?
- Payzday focuses on providing a risk management tool for eCommerce, specifically analyzing and predicting merchant behavior on online marketplaces to protect them from exposure.
- When was Payzday founded and by whom?
- Payzday was founded in June 2017 by Avi Yalon and Nir Salomon.
- What was Payzday's employee count?
- Payzday operated with 1–10 employees.
- What was the total capital raised by Payzday?
- Payzday raised a total of $1.5M across two funding rounds.
- What is the current status of Payzday?
- Payzday is currently non-active and ceased to operate in May 2023.