Provider of credit and debit card processing systems. The company provides in-store, wireless and online merchant services for businesses in London, Ontario.,
In 2022, Paystone revenue run rate hit $6.8M in revenue.
Paystone hit $6.8M in revenue in 2021
Paystone launched in 2009 with $0 revenue
Paystone Funding History
2021 Venture Round
Paystone raised a Venture Round of $23.8M
2021 Private Equity Round
Paystone raised a Private Equity Round of $54.7M
|01/21/2021||Private Equity Round||$54.7M|
Paystone has 95 total employees and 18 sales reps that carry a quota. They have 300000 customers an engineering team of 15 and a marketing team of 5
|Total team size||95|
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.
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Paystone has 300K customers.
Average Annual Price
Paystone has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
Annual Dollar Expansion
Net Revenue Retention
Rule of 40
Paystone Board of Directors
Frequently Asked Questions about Paystone
When was Paystone founded?
Paystone was founded in 2009.
How much revenue does Paystone generate?
Paystone generates $6.8M in revenue.
Who is the CEO of Paystone?
The CEO of Paystone is Tarique Al-Ansari.
How much funding does Paystone have?
Paystone raised $78.6M.
How many employees does Paystone have?
Paystone has 95 employees.
Where is Paystone headquarters?
Paystone is headquartered in Canada