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Paystand Company Overview
Paystand, Inc. is a cloud-native fintech company founded in 2013 and headquartered in Scotts Valley, California. It offers a blockchain-enabled Payments-as-a-Service platform designed to automate B2B accounts receivable workflows and eliminate transaction fees. Built on a permissioned blockchain network, Paystand enables businesses to streamline invoice creation, collections, reconciliation, and payment processing within their existing systems. The platform has automated over $10 billion in cumulative transactions and serves over one million payors. Paystand stands out for its integration capabilities with ERP systems like Sage Intacct and Sage Intacct, its flat-rate pricing models, and strategic acquisitions—such as Yaydoo in 2022 and Teampay in 2024—that expanded its geographic and commercial reach. It was recently recognized as a top payments fintech by CNBC/Statista and ranked among the fastest-growing U.S. tech companies by Deloitte.