US payments software 2M A round

With everything getting digitized, one can bid adieu to the conventional queues to pay bills and make payments. With an aim of helping businesses and business professionals in providing a better bill pay experience, we had an intriguing experience working with PayGround. In our initial interactions with the company we realized that the company needed $2Million in the next 7 months to improve their software integration and UI. 

The business was generating lucrative revenues and the business model was exceptional. They reached out to the team of Marquee Equity and conveyed their expectation and the trust they had on the experienced team of Marquee Equity. 

“In our initial interactions with the company, we discovered that the business model had huge potential to compete, even outreach, its competitors. We were genuinely impressed by the amount of research and dedication the company had put into their business model and gladly accepted to assist them in raising funds for their business.” – Ash Narain, CMO, Marquee Equity

With 82 percent Americans using digital payment modes, it’s evident that the payment software industry is blooming in the USA. Over the recent years, especially after the global pandemic, there has been a tremendous growth in the number of digital payments and startups emerging in the US Payment Software Industry. 

While the global payment gateway market size has been valued at USD 18.21 Billion in the year 2020, it is clear that the industry has magnificent potential to show growth in the upcoming years. Not only this, the compound annual growth rate (CAGR) is expected to expand at a rate of 21.7% by the end of 2028. The industry is also expected to reach USD 361.31 Billion by 2030. With such favorable numbers to look upto, our client was already a part of an industry that is bound to prosper which proliferated its chances of raising funds.