Waltham, MA – According to filings with the U.S. Securities and Exchange Commission, PaymentWorks Inc. is raising $15,434,683.00 in a new round of investment. Sources indicate as part of senior management President, Thayer Stewart 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 PaymentWorks Inc.

PaymentWorks was inspired by the simple vision that we could create a supplier information management (SIM) solution to meet the growing information and collaboration requirements of companies and their suppliers, with a solution that was easy to use, and did not require a large investment of time or money to deploy. To achieve this, we imagined that companies and their suppliers would be able to connect and communicate with each other as easily as people connect on LinkedIn or Facebook.

To learn more about PaymentWorks Inc., visit http://www.paymentworks.com/

Contact:
Thayer Stewart, President
617-500-8085
https://www.linkedin.com/in/thayer-stewart-4075482/

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