According to filings with the U.S. Securities and Exchange Commission, PayNearMe is raising $50,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Daniel Shader played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About PayNearMe
PayNearMe is the industry’s only platform that facilitates cash, debit, credit, ACH and mobile-first payments, including Apple Pay and Google Pay, for thousands of businesses and government agencies nationwide. With its great mobile experience, PayNearMes technology provides a simple way for businesses to collect payments through an intuitive, consistent experience for their customers. In addition, payment reminders and mobile wallet integration drive more on-time payments. PayNearMe is the technology company thats changing how payments are made To make a cash payment in their own neighborhood, consumers visit any of our 31,000 trusted locations in the U.S., which include 7-Eleven, Walmart, Family Dollar, Caseys General Stores and ACE Cash Express stores. PayNearMe processes cash payments for the IRS, Comcast, Greyhound, Oportun and the California Department of Child Support Services, among others. PayNearMe is offered by PayNearMe MT, Inc., which is a wholly owned subsidiary of Handle Financial, Inc.

To learn more about PayNearMe, visit http://www.paynearme.com/

Contact:
Daniel Shader, Chief Executive Officer
650-930-1020
https://www.linkedin.com/in/dannyshader

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