PayCertify Acquisition, Valuation, Funding & Investors

PayCertify was acquired by ProfitPay for $750M in July 2021.

PayCertify acquisition price

$750M

Acquired by ProfitPay · Jul 2021

Cumulative funding PayCertify raised

$32M

across 2 funding rounds

PayCertify Overview

About PayCertify

PayCertify is a payment processing platform headquartered in Atlanta, Georgia, that enables merchants to access global banking services and multiple payment gateways. The company specializes in high-risk industries including CBD, nutraceuticals, and e-commerce, offering solutions like virtual terminals, chargeback management, and PCI-compliant gateways. It supports transactions in over 100 currencies and integrates with shopping carts such as Shopify, WooCommerce, and Authorize.net. PayCertify serves clients throughout North America, Europe, Latin America, and Asia Pacific.


Founded

2014

HQ

United StatesReno, NV

Status

Acquired

Customer focus

B2B

Revenue model

Commission

Valuation

$128M (Sep 2020)

PayCertify Acquisition

PayCertify was acquired by ProfitPay for $750M on 15 July 2021.

Before the acquisition PayCertify had raised $32M across 2 funding rounds.

PayCertify acquisition details
AcquirerDateTypePrice
  • ProfitPay
15 Jul 2021Strategic M&A$750M

PayCertify Valuation

PayCertify is currently valued at $128M, based on its Series A in September 2020.

PayCertify valuation by funding round

PayCertify valuation by funding round
DateStageValuation
Sep 2020Series A$128M

PayCertify Funding History

PayCertify has raised a total of $32M across 2 funding rounds.

PayCertify's first fundraising round was a $14M Series A in May 2019. The most recent completed round was a $18M Series A in September 2020.

PayCertify funding rounds

PayCertify funding rounds
DateStageRaisedValuation
Sep 2020Series A$18M$128M
May 2019Series A$14M-

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PayCertify Competitors

PayCertify competitors include listed companies like Paymentus and PaySign, and private ones like Payhawk, Juspay, Primer and Lightnet.

Public and private companies comparable to PayCertify
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
PayhawkBulgariaSofiaPrivate$45M-$1B-
JuspayIndiaIndiaPrivate$55M-$1.2B19.7x
PrimerUnited KingdomLondonPrivate$4M-$425M106.3x
LightnetThailandBangkokPrivate--$406M-
PaymentusUnited StatesUnited StatesPublicly listed$1.2B$117M$4.6B3.0x
PaySignUnited StatesUnited StatesPublicly listed$82M$16M$701M6.4x

PayCertify Public Comps

PayCertify is no longer listed, but its public comps include Cass Information Systems, PaySign, SY Holdings Group, Cuscal, Seshaasai, Worldline, Eurowag, Jiangsu Tongxingbao, Priority Technology Holdings and Optasia.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Cass Information Systems$182M-4.6x4.1x--
PaySign$82M$16M8.3x6.4x43.3x20.7x
SY Holdings Group$135M$120M5.8x-6.5x-
Cuscal$297M$22M5.1x5.8x67.8x24.6x
Seshaasai$150M$41M3.9x3.7x14.4x14.2x
Worldline$4.6B($5.2B)0.6x0.7x(0.6x)3.8x
Eurowag$2.7B$119M0.5x3.0x10.3x7.5x
Jiangsu Tongxingbao$159M$47M2.7x-9.2x-

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Common questions about PayCertify

When was PayCertify founded?PayCertify was founded in 2014.
Where is PayCertify headquartered?PayCertify is headquartered in Reno, NV, United States.
Is PayCertify publicly listed?No, PayCertify was acquired by ProfitPay in July 2021.
Who acquired PayCertify?PayCertify was acquired by ProfitPay in July 2021.
How much was PayCertify acquired for?PayCertify was acquired for $750M in July 2021.
What is PayCertify's valuation?PayCertify was last valued at $128M in its Series A in September 2020.
How much funding has PayCertify raised?PayCertify has raised $32M across 2 funding rounds.
What was PayCertify's last funding round?PayCertify's last funding round was a $18M Series A in September 2020.
Which companies are comparable to PayCertify?Companies comparable to PayCertify include Payhawk, Juspay, Primer, Lightnet, Paymentus and PaySign.

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