PayRange logo

PayRange

Brand · Technology, Information and Internet

3.7

Company overview

Everyday payments made easy.PayRange was founded in 2013 by Paresh Patel, a serial entrepreneur and veteran of the automated retail industry. While credit card solutions for machines have been around for two-decades, 95% of the 30 million machines worldwide only accept cash. His patented innovations combine payment, rewards, and convenience into a mobile service that brings premium experiences to unattended retail locations. Consumers download the free mobile app (iOS, Android) and with flexible funding options, including all major cards and wallets (Apple Pay, Google Pay, and more), they are empowered to pay machines with ease. At PayRange, our trajectory from being the vending industry’s first mobile payment service to becoming the world’s fastest growing payment network for everyday things has been an exciting couple of years. In 2015, Operators started accepting PayRange on their machines. The company has now established a footprint in over 400 major cities across North America with 8000 operators accepting PayRange on their machines. Over a billion transactions have flowed through our system. Our exceptionally talented team is breaking the payment barrier in vending, laundry, amusement, parking, and more. We’re creating a new world of artful convenience. A world where convenience means consumers get what they want, where and when they want it. In this world, payment is fast and simple. Barriers magically disappear to create rewarding experiences for everyone.
Founded in 2013
Portland, Oregon, USA
154 employees (11 in marketing)
68% recommend to a friend
66% positive business outlook

Salaries

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People

Hiring activity

Open marketing jobs over time

1 open now

Headcount trend

Company growth over the last 12 months

Headcount +3.4% year over year

Funding

Total funding

$31.5M

Last raise

Private Equity, 2 years ago

Funding history

Sep 2024

Private Equity Round PayRange

Nov 2018

Convertible Note PayRange · $7M

Dec 2017

Venture Round PayRange · $5.3M

Jul 2016

Debt Financing PayRange · $4M

Apr 2015

Series A PayRange · $12M

Jul 2014

Seed Round PayRange · $2.8M

Audience

Monthly website visitors
271.5K
Month over month+25.2%
Quarter over quarter+146.9%
Top sourceDirect (70.3%)
Ad budget per month$1.5K
Average search rank43
Traffic source mix
Direct
70.3%
Search
16.9%
Referral
4.3%
Social
1.7%
Paid referral
0.6%

LinkedIn followers

Follower count and growth

Total followers

2.5K

12-mo growth

+42.1%

Monthly growth

+6.7%

News

Links