Company type | Subsidiary |
---|---|
Founded | 2010 |
Founder |
|
Headquarters | 275 Grove St, Auburndale, Massachusetts, |
Parent | PayPal [1] |
Website |
www |
Paydiant, Inc. is a PayPal-owned financial services company based in Auburndale, Massachusetts, which was incorporated in 2010. Paydiant provides cloud-based services for merchants, banks, and point-of-sale and ATM providers.
In 2011, Paydiant raised $7.6 million funding from North Bridge Venture Partners and General Catalyst Partners. [2]
Paydiant received a funding of $12 million and $15 million in 2012 and 2013 respectively. [3] [4] [5]
Paydiant has provided mobile wallet platforms for MCX. In 2015, PayPal acquired Paydiant in a $280 million deal. [1] [6]