Paystand
- Company typePrivate
- Founded2013
- HeadquartersScotts Valley, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
Paystand firmographics
Firmographics- Name
- Paystand
- Legal name
- Paystand, Inc.
- Website
- https://paystand.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Paystand industry classification
Industry- Product category
- B2B Payments and Financial Operations Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
- akta.pro secondary industries
- Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Request-to-Pay (R2P) & Pay Links (FSAMAFAE), B2B Crypto Payouts, Mass Payments & Treasury Disbursements (FSADAIAF)
Keywords
Where Paystand is headquartered
LocationHeadquarters
- HQ city
- Scotts Valley
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Paystand business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription Model (Primary): Paystand operates primarily on a subscription pricing model with zero fees on bank payments within the Paystand Network. The subscription model includes various tiers with different feature access levels, positioned as an alternative to percentage-based transaction fees charged by traditional payment processors.
- Card Transaction Fees: Card payments incur fees based on tiered interchange structure: qualified card rate (ecommerce basic, card present, regulated debit, non-profit), tier 2 cards (card not present, unregulated debit, basic rewards cards) with 35bps assessment, tier 3 (commercial and consumer premium cards) with additional 60bps assessment, tier 4 (high tier commercial cards) with additional 60bps assessment, and tier 5 (convenience fee recovery) with 95bps assessment. Risk assessment tier is determined quarterly.
- ACH and Bank Transfer Fees: ACH transactions are subject to assessments associated with risk and settlement timing concerns. Bank-to-bank transactions within the Paystand Network are fee-free once inside the network.
- Enterprise Subscription (Historical): Early-stage subscription model averaging $1,500 per customer per month, demonstrating enterprise-focused pricing with significant revenue growth through land-and-expand motion.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Zero-Fee Bank Network Payments |
| Transaction based/ take rate | Pay-as-you-go | Card Payment Tiered Pricing |
| Transaction based/ take rate | Pay-as-you-go | ACH Transaction Fees |
| Subscription | Monthly | Enterprise Subscription (Historical) |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels8 records
Paystand product offering
Product offeringCore offering
Paystand provides a cloud-based, blockchain-enabled B2B payments network that automates Accounts Receivable and Accounts Payable workflows, processes payments across its own zero-fee bank network, and delivers spend management with corporate cards for finance teams. The platform integrates with major ERP and accounting systems and offers global payouts via the Bitwage subsidiary and a US dollar-backed stablecoin (USDb) for treasury, payroll, and supplier payments.
Product overview
Paystand is a cloud-based B2B payments network offering a unified financial suite for the CFO, combining Accounts Receivable automation, Accounts Payable automation, zero-fee B2B payments via its own bank network, spend management (corporate cards), and global FX payouts. The core platform is built on blockchain technology and integrates with major ERP and accounting systems (NetSuite, Sage, Microsoft Dynamics, Acumatica, Xero, QuickBooks) as well as communication tools (Slack, Teams). The product portfolio also includes USDb, a Bitcoin-rails-based USD stablecoin launched in 2026; Bitwage for cross-border stablecoin payroll; Yaydoo for LATAM coverage; and a REST API (v3.1) for developer integration.
Differentiator
Problem solved
Functional benefit
Brands
- Bitwage: Global payouts and cross-border payments platform enabling stablecoin-enabled payroll and treasury movement across approximately 200 countries.
- Teampay
- Yaydoo
- USDb
- Paystand.org
Products and services
- Accounts Receivable (AR) Automation Automates invoicing, collections, payment portal, billing, recurring payments, and automatic reconciliation to the general ledger. Used by finance teams to reduce DSO and accelerate cash collection.
- Accounts Payable (AP) Automation Automates vendor bill approval, digital payment execution, automated remittance advice, international payments, and real-time reconciliation through ERP integration. Includes a conversational digital agent in Slack/Teams for spend approvals.
- Paystand Bank Network
Quantifiable outcome
- DSO reduces by 40% with zero-touch receivables automation
- +5 more outcomes
Companies that use Paystand
Customer profileNamed customers10 records
Segments8 records
Ideal customer profiles3 records
Paystand technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
AI capability4 records
Feature6 records
Paystand partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Bitcoin for Corporations (BFC)corePaystand joined BFC as a Premier Vendor Partner, giving BFC's 38 member companies access to Paystand's full-stack Bitcoin-native financial operating system for payroll, accounts payable, accounts receivable, and spend management. Partnership addresses the gap between companies holding Bitcoin as treasury assets and those extending Bitcoin infrastructure to day-to-day operations.
- Consero GlobalcoreStrategic partnership integrating Paystand's blockchain-enabled accounts receivable automation into Consero's fully managed finance platform. The integration provides clients with automated receivables processing, reduced manual reconciliation, faster collections, and real-time financial visibility across AR through Consero's Fusion Lab innovation hub.
- GSIcoreExpanded partnership to help NetSuite customers enhance Accounts Receivable processes within NetSuite, focusing on faster deployment and greater transparency. Collaboration aims to modernize AR operations like Autopay and collections automation without adding extra systems.
- IbexcoreInitial minting partner for USDb stablecoin, supporting the launch of Paystand's US dollar-backed stablecoin on Bitcoin-linked infrastructure.
Scale indicators18 records
Recent moves6 records
Expansion highlights7 records
Paystand competitors and assessment
Company assessmentBroad incumbents
- HighRadius: HighRadius is a broader incumbent in order-to-cash and treasury automation for enterprises, overlapping with Paystand's AR automation, collections AI, and cash forecasting.
Direct peers
- Bill.com: Bill.com is a direct competitor in cloud-based AR/AP automation and B2B payments for SMBs and mid-market, the closest public-market analog to Paystand's core platform.
- Ramp: Ramp is a direct competitor in corporate cards, spend management, and B2B bill pay, targeting the same office-of-the-CFO buyer with a self-serve, fast-shipping product model.
- Brex: Brex competes with Paystand in corporate cards, expense management, and bill pay, and overlaps in cross-border payouts and treasury capabilities.
- Versapay: Versapay is a direct peer in AR automation and B2B payments networks, with a comparable buyer (CFO/controller) and overlapping ERP integration strategy.
- AvidXchange: AvidXchange is a direct peer in AP automation and B2B bill payment, serving mid-market and enterprise customers through ERP-centric workflows similar to Paystand's.
- Stampli: Stampli is a direct peer in AP automation, AI-driven invoice processing, and collaborative approvals, overlapping heavily with Paystand's AP and digital-agent capabilities.
- Tipalti: Tipalti is a direct peer in mass payouts, AP automation, and global contractor/supplier payments — directly comparable to Paystand's Bitwage-powered cross-border payout story.
- Modern Treasury: Modern Treasury competes with Paystand's payments infrastructure layer, providing bank-to-bank payment orchestration and APIs for AR/AP and treasury workflows.
- Melio: Melio is a direct peer in B2B payments (payables-focused) for SMBs, offering ACH and card payments with ERP integrations similar to Paystand's positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Paystand social profiles
Digital presencePaystand compliance and trust
Trust signalCompliance1 record
Paystand financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paystand leadership team
Management profileNumber of profiles
Profiles10 records
Paystand subsidiaries and ownership
Company hierarchySubsidiaries4 records
Paystand funding detail
Funding detailFunding overview
Funding rounds9 records
Investors21 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paystand M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Paystand
What does Paystand do?
Paystand provides a cloud-based, blockchain-enabled B2B payments network that automates Accounts Receivable and Accounts Payable workflows, processes payments across its own zero-fee bank network, and delivers spend management with corporate cards for finance teams. The platform integrates with major ERP and accounting systems and offers global payouts via the Bitwage subsidiary and a US dollar-backed stablecoin (USDb) for treasury, payroll, and supplier payments.
Is Paystand a public or private company?
Paystand is a private company. It is classified as venture growth investor backed and is currently operating.
When was Paystand founded?
Paystand was founded in 2013. It employs 51 to 100 people.
Where is Paystand based?
Paystand is headquartered in Scotts Valley, United States, in the North America region.
How does Paystand make money?
Four revenue lines are on record. Subscription Model (Primary) is the primary driver. The others are card Transaction Fees, ACH and Bank Transfer Fees and enterprise Subscription (Historical).
Who are Paystand's main competitors?
HighRadius is listed as a broad incumbent. Direct peers are Bill.com, Ramp, Brex, Versapay, AvidXchange, Stampli, Tipalti, Modern Treasury and Melio.
Does Paystand have an API?
Yes. Paystand offers a REST API enabling developers to build payment processing, billing, and financial automation solutions. The API supports payments (card and bank), transfers, withdrawals, refunds, disputes, payers, tokens, scheduled payments, assurety/blockchain records, and webhook events. Version 3.1 documented. Supports USD, CAD, EUR, MXN, AUD, GBP currencies. Test environment available with sandbox credentials. Developer documentation is at developers.paystand.com.
What industry is Paystand in?
Paystand's product category is B2B Payments and Financial Operations Software. Its primary akta.pro industry code is BPAMAFAF, Bill Pay, Invoicing & Payables Platforms, with a secondary code of FSAGALAB, Embedded Payments (Pay-ins, Pay-outs, Wallets). Its NAICS code is 52232 and its SIC code is 6199.