Article · Wikipedia archive · Last revised Jul 20, 2026

Paydiant

Paydiant was an American financial services company based in Auburndale, Massachusetts. It provided payment and wallet services for merchants, banks, point-of-sale, and ATM providers. The company was incorporated in 2010 and acquired by PayPal in 2015.

Last revised
Jul 20, 2026
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Wikipedia ↗
Paydiant, Inc.
TypeSubsidiary
Founded2010 (2010)
Founders
  • Kevin Laracey
  • Chris Gardner
  • Joe Paratore
Defunct2015 (2015)
FateAcquired
SuccessorPayPal
HeadquartersAuburndale, Massachusetts,
United States
ParentPayPal1
Websitewww.paydiant.com

Paydiant was an American financial services company based in Auburndale, Massachusetts. It provided payment and wallet services for merchants, banks, point-of-sale, and ATM providers. The company was incorporated in 2010 and acquired by PayPal in 2015.

History

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.345

Paydiant has provided mobile wallet platforms for MCX. In 2015, PayPal acquired Paydiant in a $280 million deal.16

References

References

  1. "PayPal to pay $280M for Apple Pay rival Paydiant". CNBC. Retrieved 2016-02-29.
  2. Wauters, Robin. "Paydiant Throws Its Hat Into The Mobile Payments Ring, Raises $7.6 Million". TechCrunch. Retrieved 2016-02-29.
  3. Lunden, Ingrid. "Paydiant Gets $12M More To Build Out Its White-Label Mobile Payments API". TechCrunch. Retrieved 2016-02-29.
  4. "Sec form d". www.sec.gov. Retrieved 2016-02-29.
  5. "Paydiant Closes $15M Funding". FinSMEs. 2013-09-10. Retrieved 2016-02-29.
  6. "PayPal to Pay $280 Million for Paydiant to Help Retailers Compete With Apple Pay". Re/code. Retrieved 2016-02-29.