NowPay (Series A)

Funding Details
Awarder
Inbox
Date Award
January 15, 2023
Vertical
Fintech
Funding URL
View Funding Page
Premoney Valuation
$40,000,000
Valuation
$50,000,000
Funding Amount:
$10,000,000

Company Info
Founding Year
2020
Traction
NowPay has seen a 200% increase in user sign-ups over the past year and has partnered with over 100 companies to offer its services.
Revenue Amount
$2,000,000
ARR
$5,000,000
Organizations Involved
ABC Corp, XYZ Inc.
Founders
John Doe, Jane Smith
Company Description
NowPay is a fintech company that provides salary advances to employees, allowing them to access their earned wages before the official payday. This service helps employees manage their cash flow and reduces financial stress.
Market
Payroll and Salary Advances
Location
San Francisco, California, USA
Coinvestors
Sequoia Capital, Accel Partners

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