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Platform Factory Company Overview
Platform Factory, Inc. is a fintech company incorporated in 2020 and headquartered in Santa Monica, California (with corporate registration in Delaware). The company provides Payment Facilitation as a Service (PFaaS), offering vertical SaaS platforms and software vendors an embedded payments infrastructure they can launch and manage independently. Its primary product, PayEngine, enables software platforms to incorporate payments directly into their offerings, control pricing, manage risk and compliance, and retain revenue—all without the complexities of building in-house payment systems. PayEngine has raised several million dollars in seed and Series A funding and integrates via APIs, SDKs, and customizable widgets. Registered as an ISO with Wells Fargo and a partner with Elavon, Platform Factory supports vertical SaaS markets such as automotive services, healthcare, construction, and utilities, helping them transform payments into a strategic revenue channel.