PayKeeper
PayKeeper is a licensed execution engine providing condition-based payment infrastructure for complex multi-party transactions across construction, residential solar, government, and marketplace verticals. Its API-native platform combines segregated escrow, multi-rail settlement, and AI-powered verification to automate milestone-based disbursements.
- Company typePrivate
- Founded2022
- HeadquartersSouth Jordan, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What PayKeeper does
PayKeeper is a licensed execution engine providing condition-based payment infrastructure for complex multi-party transactions. Founded in 2022 and headquartered in South Jordan, Utah (Delaware-incorporated), the company operates as a Utah-licensed escrow company (NMLS 2401821) subject to state regulatory oversight, AML/BSA compliance, annual GAAP audits, and SOC 2 Type II certification. Its platform automates fund custody, condition-based disbursement, and multi-party settlement across ACH, wire transfer, and stablecoin rails, serving verticals including construction, residential solar, home improvement, government/public sector, marketplaces, lenders, and film/TV production.
The core technology combines segregated escrow accounts held at banking partners (JPMorgan Chase, Continental Bank, Zions Bank) with an API-native execution layer and an AI Payments Engine. The AI layer supports document and photo verification, real-time fraud scoring with on-chain analytics, predictive payment scheduling, and AI-agent-initiated transactions through the Agentic Payments product. Multi-party disbursement, dual signing authority, AML/OFAC screening, HSM-secured custody for stablecoin operations, and integration with ERP systems, underwriting models, and compliance engines are codified into the platform. Enterprise clients are reported to be operational within 2-4 weeks of onboarding.
PayKeeper generates revenue through transaction-based fees on escrow and payment processing services. Its go-to-market combines enterprise field sales (demo-driven conversion via HubSpot), channel partnerships (notably Freedom Forever and Nova Solar in residential solar), API-first distribution for platform integration, and a self-serve web application. The company has raised approximately $3.24M across two SEC Form D filings (February 2023 and February 2025) and operates with an 11-50 person team. Leadership includes CEO Kelly Curtis (RSA board Treasurer), CPO Christian Nye, and Founder/COO Gunther D. Fischli.
PayKeeper firmographics
Firmographics- Name
- PayKeeper
- Legal name
- PayKeeper, Inc.
- Website
- https://paykeeper.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- PayKeeper is a licensed execution engine providing condition-based payment infrastructure for complex multi-party transactions across construction, residential solar, government, and marketplace verticals. Its API-native platform combines segregated escrow, multi-rail settlement, and AI-powered verification to automate milestone-based disbursements.
- Ownership category
- akta.pro rank
PayKeeper industry classification
Industry- Product category
- Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)
- akta.pro secondary industries
- Contractor / Freelancer Payments (FSAMAKAC), Marketplace & Platform Seller Payouts (FSAMAKAE)
Keywords
Where PayKeeper is headquartered
LocationHeadquarters
- HQ city
- South Jordan
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
PayKeeper business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Escrow and Payment Processing Services: Transaction-based fees for escrow account management, payment processing, and fund disbursement services. Fees likely charged as a percentage of transaction volume or per transaction, based on the nature of escrow services and the description of third-party processing fees in the Terms of Service.
- Equity Funding: SEC Form D filing indicates an exempt offering of securities with total offering amount of $3 million, of which $2.74 million has been sold. This represents equity capital raise rather than operational revenue.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
PayKeeper product offering
Product offeringCore offering
PayKeeper is a licensed execution engine that receives, holds, and disburses funds according to programmatically defined conditions at any scale, across any vertical, through any payment rail. It provides segregated fund custody, condition-based disbursement, and API-native payment infrastructure serving construction contractors, residential solar installers, government agencies, marketplaces, lenders, and film/TV production companies. The platform supports multi-party disbursements across ACH, wire transfer, and stablecoin rails.
Product overview
PayKeeper is a licensed execution engine providing condition-based payment infrastructure through a unified platform with multiple integrated modules. The core offering consists of Condition-Based Payment Infrastructure (the execution engine) supporting Integrated Escrow, Payment Processing, Fund Control, Agentic Payments, and Stablecoin Escrow. These products work together to enable businesses to receive, hold, and disburse funds according to programmatically defined conditions at scale. Add-on capabilities include AI Verifications for automated condition assessment and Warranty Reserve Program for warranty fund management. The platform supports multiple verticals including contractors, real estate, solar, marketplaces, and public sector, with disbursement across ACH, wire transfer, and stablecoin rails.
Differentiator
Problem solved
Functional benefit
Products and services
- Condition-Based Payment Infrastructure The primary execution engine that receives, holds, and disburses funds according to programmatically defined conditions at any scale, across any vertical, through any payment rail. Provides segregated fund custody, condition-based disbursement, and API-native execution for automated workflows. Targets institutions and platforms with complex multi-party payment needs in construction, solar, government, marketplace, and other verticals.
- Integrated Escrow Escrow services that hold funds in segregated accounts and release them only upon verified satisfaction of defined conditions such as delivery confirmation, inspection approval, milestone documentation, or registry verification. Targets businesses requiring trust and payment protection in multi-party transactions.
- Payment Processing Multi-rail payment processing across ACH, wire transfer, and stablecoin rails with multi-party disbursement capabilities, sanctions screening, and AML monitoring. Targets enterprises requiring compliant payment execution with full audit trails.
- Fund Control Systematic management of financial disbursements ensuring funds are released only when predetermined conditions are satisfied and proper documentation is verified. Protects stakeholders by preventing premature payments. Designed for contractors, lenders, and insurance companies managing construction project funds.
- Agentic Payments Payment infrastructure enabling AI-agent-initiated transactions with conditional release logic. Supports the new wave of complex, multi-step transactions driven by agentic AI. The platform receives payment instructions from AI agents, applies configured conditions, and executes settlement.
- Stablecoin Escrow Escrow services for blockchain-based transactions using stablecoins. Funds are held with verification workflows and released upon condition satisfaction across stablecoin payment rails. Supports blockchain network integration, on-chain compliance screening, and irreversible transaction handling.
Quantifiable outcome
- PayKeeper shifts customer retention from ~70% to 5%
- +3 more outcomes
Companies that use PayKeeper
Customer profileNamed customers2 records
Segments8 records
Ideal customer profiles5 records
PayKeeper technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability8 records
Feature6 records
PayKeeper partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and supporting.
- Continental BankcoreAs of April 15, 2025, Continental Bank became the escrow agent of record for all open escrow accounts previously held by PayKeeper Fund Control, Inc. Escrow services may be provided by either PayKeeper, Inc. or Continental Bank at PayKeeper's option. Continental Bank serves as banking partner for escrow trust account custody.
- Freedom ForevercoreTwo-year partnership (since January 2023) with one of the nation's leading residential solar and energy storage companies. PayKeeper provides secure, milestone-based escrow and integrated payment processing into Freedom Forever's national operations. Results include millions in improved cash flow visibility and reduced AR exposure, streamlined backend operations, and elevated customer experience through secure payment options.
- Nova SolarcorePartnership bringing homeowners unprecedented level of security and transparency in solar installations. All customer payments for solar projects are securely held in PayKeeper's milestone-based escrow system, protecting both homeowners and contractors from payment disputes, delays, and mismanaged funds. Payments released only when pre-agreed project milestones are met.
- RSA (Residential Solar Association)corePlatinum Business member of the RSA, an industry association formed by residential solar professionals to establish standards of transparency, consumer protection, quality, and best practices. CEO Kelly Curtis serves on RSA board as Treasurer, and on both finance and install committees. CPO Christian Nye serves on technology committee.
- JPMorgan Chase Bank, N.A.coreBanking partner holding escrow trust accounts. Foreign exchange settlements processed through JPMorgan Chase Bank, N.A. at 383 Madison Avenue, New York, NY 10179. One of multiple banking partners providing fund custody and payment processing infrastructure.
- Zions BanksupportingBanking partner holding escrow trust accounts alongside JPMorgan Chase and Continental Bank. Provides additional banking infrastructure and fund custody options.
Scale indicators2 records
Recent moves6 records
Expansion highlights7 records
PayKeeper competitors and assessment
Company assessmentDirect peers
- Escrow.com: Escrow.com is a licensed online escrow service that holds funds until transaction conditions are met, serving marketplaces, real estate, and high-value B2C transactions. It is the most direct functional peer to PayKeeper's core integrated escrow product, though PayKeeper differentiates on API-native architecture and multi-rail disbursement.
- Modern Treasury: Modern Treasury provides payment operations infrastructure (APIs for moving money, reconciliation, multi-party flows) to platforms and fintechs. It is closely comparable to PayKeeper on the API-native, platform-embedded payment execution axis, though Modern Treasury focuses on real-time bank-native flows while PayKeeper specializes in conditional escrow.
- Dwolla: Dwolla is a payment API platform enabling ACH transfers, mass payouts, and bank account verification for platforms. It overlaps with PayKeeper's multi-party disbursement and API-first go-to-market, serving similar platform and marketplace customers with similar developer-led distribution.
Broad incumbents
- Stripe: Stripe Connect offers multi-party payouts, split payments, and platform-embedded payment infrastructure to marketplaces and SaaS companies at massive scale. It is a broad incumbent with overlapping capabilities (marketplace/seller payouts, API-native) but does not offer a regulated, condition-based escrow layer for milestone or AI-agent-triggered disbursements.
- Circle: Circle issues USDC and provides stablecoin payment and treasury APIs used by platforms and fintechs for cross-border and programmable money movement. It overlaps with PayKeeper's stablecoin escrow and multi-rail disbursement roadmap as a much larger incumbent with deep crypto-native infrastructure.
- Bill.com: Bill.com provides bill pay, invoicing, and accounts payable automation for SMBs and mid-market businesses. It is comparable to PayKeeper's contractor and home-improvement payment use cases as a broad incumbent in AP/AR automation, though it does not focus on regulated escrow or condition-based disbursement.
- Plaid: Plaid provides financial data connectivity and bank account verification infrastructure used by virtually every US fintech and many platforms. It is an adjacent, broad incumbent whose bank-account verification rails underpin PayKeeper's own integrations with Chase, Continental, and Zions.
- Marqeta: Marqeta provides modern card issuing and payment processing infrastructure with APIs for real-time authorization and disbursement controls. It is comparable to PayKeeper on the API-native payment infrastructure axis and on programmable, condition-based card flows, though without the escrow licensing layer.
Emerging players
- BitPay: BitPay is a cryptocurrency payment processor enabling merchants to accept and settle in bitcoin and stablecoins. It overlaps with PayKeeper's stablecoin escrow and agentic crypto settlement ambitions at the emerging edge of programmable, blockchain-based payment flows.
- Treasury Prime: Treasury Prime is an embedded banking and payments infrastructure platform connecting fintechs and SaaS companies to bank rails (ACH, wires, RTP). It is comparable to PayKeeper on the bank-rail orchestration and platform-integration axis, though focused on BaaS rather than regulated escrow.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
PayKeeper social profiles
Digital presencePayKeeper financial estimates
Financial estimateRevenue estimate
Valuation estimate
PayKeeper leadership team
Management profileNumber of profiles
Profiles3 records
PayKeeper funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PayKeeper M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PayKeeper
What does PayKeeper do?
PayKeeper is a licensed execution engine that receives, holds, and disburses funds according to programmatically defined conditions at any scale, across any vertical, through any payment rail. It provides segregated fund custody, condition-based disbursement, and API-native payment infrastructure serving construction contractors, residential solar installers, government agencies, marketplaces, lenders, and film/TV production companies. The platform supports multi-party disbursements across ACH, wire transfer, and stablecoin rails.
Is PayKeeper a public or private company?
PayKeeper is a private company. It is classified as unknown and is currently operating.
When was PayKeeper founded?
PayKeeper was founded in 2022. It employs 1 to 10 people.
Where is PayKeeper based?
PayKeeper is headquartered in South Jordan, United States, in the North America region.
How does PayKeeper make money?
Two revenue lines are on record. Escrow and Payment Processing Services are the primary driver. The others are equity Funding.
Who are PayKeeper's main competitors?
Direct peers on record are Escrow.com, Modern Treasury and Dwolla. Broad incumbents are Stripe, Circle, Bill.com, Plaid and Marqeta. Emerging players are BitPay and Treasury Prime.
Does PayKeeper have an API?
Yes. PayKeeper provides an API layer that integrates with decision engines, AI agents, and workflow platforms. The API receives payment instructions from automated systems (underwriting models, compliance engines, AI-agent commerce protocols, ERP-triggered disbursement rules), applies configured conditions, and executes settlement. Bank account transactions require dual signing authority with full audit logs. Enterprise clients are typically operational within two to four weeks of completing onboarding. Developer documentation is at app.paykeeper.com.
What industry is PayKeeper in?
PayKeeper's product category is Payment Infrastructure. Its primary akta.pro industry code is FSAGABAN, Payouts, Disbursements & Mass Payments Infrastructure, with a secondary code of FSAMAKAC, Contractor / Freelancer Payments. Its NAICS code is 52232 and its SIC code is 6099.