Draft:Paystand

Paystand
TypePrivate
IndustryFinancial technology
Founded2013
FounderJeremy Almond
HeadquartersSanta Cruz, California, United States
Key people
Jeremy Almond (CEO)
ProductsB2B payment software, accounts receivable automation
Websitewww.paystand.com

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.

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]

Growth and recognition

Paystand has been included in rankings of the fastest-growing private companies in Silicon Valley.[5]

The company and its leadership have also been recognized in fintech industry coverage related to financial infrastructure and payment automation.[6]

See also

References

  1. ^ "Jeremy Almond – Co-founder and CEO of Paystand". Leaders in Payments.
  2. ^ "Paystand y Yaydoo se fusionan, alcanzan valor de unicornio y apuntan a una OPI". Bloomberg Línea (in Spanish). 2022-08-03.
  3. ^ "Paystand: The Payments Giants Quietly Supporting Bitcoin Circular Economies". Bitcoin Magazine. Retrieved 2026-03-17.
  4. ^ "Bitwage enables global payroll in Bitcoin". Bitwage. Retrieved 2026-03-17.
  5. ^ "Paystand ranks 3rd on Fastest-Growing Private Companies list". Silicon Valley Business Journal. 2022-10-27.
  6. ^ "Paystand CEO Jeremy Almond named Entrepreneur Of The Year". Yahoo Finance. 2023.

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