Paystone
3200 Wonderland Rd S, London, Ontario, N6L1A6, Canada
How Paystone hit $10.1M revenue and 300K customers in 2023.
Provider of credit and debit card processing systems. The company provides in-store, wireless and online merchant services for businesses in London, Ontario.
2009
Founded
$10.1M
2023 Revenue
24.4%
YOY
$99M
Funding
Paystone Revenue
In 2023, Paystone revenue run rate hit $10.1M in revenue.
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2023
Paystone hit $10.1M in revenue in 2023
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2021
Paystone hit $6.8M in revenue in 2021
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2009
Paystone launched in 2009 with $0 revenue
Paystone Funding History
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2021 Venture Round
Paystone raised a Venture Round of in July, 2021
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2021 Private Equity Round
Paystone raised a Private Equity Round of in January, 2021
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| July, 23 2021 | Venture Round | ||
| January, 21 2021 | Private Equity Round |
Team
Paystone has 179 total employees and 35 sales reps that carry a quota. They have 300,000 customers an engineering team of 36 and a marketing team of 5.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 179 |
| Engineer | 36 (20%) |
| Sales | 35 (20%) |
| Marketing | 5 (3%) |
Founder / CEO
Tarique Al-Ansari
Tarique Al-Ansari, or T, is one of those elusive university dropout success stories. He moved to Canada with his family at the age of 19, where he studied software engineering at Western University in London, Ontario. In his third year at school, T called it quits to co-found the region's first online food court. Working through the restaurant delivery process drew his attention to the challenges small business owners face when accepting electronic payments, and thus Zomaron was born in 2009. Over a decade later the award-winning company evolved into Paystone. The company is now a leading provider of payment processing and customer engagement solutions, has 25,000 merchant locations, employs 150+ nationwide and processes over $6B in annual bankcard volume.
Q&A
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Advice for 20 year old self
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Customers
Churn
Paystone Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Tarique Al-Ansari | CEO | [email protected] | - |
Paystone Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Tarique Al-Ansari | CEO | [email protected] | - |
Frequently Asked Questions about Paystone
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When was Paystone founded?
Paystone was founded in 2009.
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How much revenue does Paystone generate?
Paystone generates $10.1M in revenue.
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Who is the CEO of Paystone
The CEO of Paystone is Tarique Al-Ansari.
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How much funding does Paystone have?
Paystone raised $99M.
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How many employees does Paystone have?
Paystone has 179 employees.
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Where is Paystone headquarters?
Paystone is headquartered at 3200 Wonderland Rd S, London, Ontario, N6L1A6, Canada
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