Authvia Completes $7M Series A Round

Funding Rounds

Summary

EL SEGUNDO, CA, Pay2Day Solutions (Authvia) announced today that it has closed a $7 million Series A financing. This financing is already being used to accelerate Authvias partner channels and overall sales and marketing efforts. Authvias patented text-to-pay solution ("TXT2PAY®") enables businesses to request and receive payments via text and other digital messaging channels; accelerating cash flow, eliminating PCI risk, and safeguarding data, while providing a seamless mobile payment experience. Authvia is an innovative, Los Angeles-based SaaS company at the forefront of Conversational Commerce with patented text-to-pay technology. That technology includes the flagship software application TXT2PAY®, which delivers a highly secure, fast, and contactless payment option via text messaging and other message-based communication channels, such as chat or Whats App.

$ Funding

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Amount $7.0M Total raised
Date April 28, 2022 Announcement date
Investors Video Island Lead investors
Company http://www.authvia.com Funded company

Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

AskAI Classifications

Labels
Financial Technology Payment Software SaaS

Linked Companies

Authvia
$1M to $5M