Paystone revenue hit $6.8 million in 2023
Paystone team size is 95 employees
Paystone
3200-Wonderland Road South London, Ontario, Canada
How Paystone hit $6.8M Revenue with 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
$6.8M
2022 Revenue
YOY
$78.6M
Funding
Paystone Revenue
In 2022, Paystone revenue run rate hit $6.8M in revenue.
2021
Paystone hit $6.8M in revenue in 2021
2009
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
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 07/23/2021 | Venture Round | $23.8M | |
| 01/21/2021 | Private Equity Round | $54.7M |
Team
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
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 95 |
| Engineer | 15(16%) |
| Sales | 18(19%) |
| Marketing | 5(5%) |
CEO/Founder
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.
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Customers
Paystone has 300K customers.
Lifetime Months
-
x
Monthly ARPU
-
=
Lifetime Dollar
-
Acquisition Cost
-
Average Annual Price
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Churn
Paystone has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About Paystone
Monthly Revenue
$567K
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Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Paystone Board of Directors
| Name | Position |
|---|
Paystone Executives
| Name | Position |
|---|---|
| Tarique Al-Ansari | CEO |
Paystone Employees
| Name | Position |
|---|---|
| Tarique Al-Ansari | CEO |
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