Investing in Payall

Funding Rounds

▤ Summary

Andreessen Horowitz is leading Payall’s Seed round to modernize cross-border payments. Payall, founded by Gary Palmer, builds a global multicurrency payments processor that automates compliant data collection and sharing among financial institutions to address KYC/KYB, AML, and source-of-funds verification. The piece outlines how banks are derisking due to opaque cross-border flows and high compliance costs, and positions Payall’s platform as a data-driven solution to restore identity integrity and payment legitimacy. Payall plans to rapidly scale its team globally to meet demand from banks and incumbents seeking better international payment tools.

$ Funding

$
Amount None Total raised
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Date September 15, 2022 Announcement date
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Investors Andreessen Horowitz Lead investors
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Company payall.com Funded company

▥ Classifications

industries
Fintech & Banking
applications
Data Mining

◇ AskAI Classifications

Labels
Fintech Software Payments Infrastructure RegTech

▦ Linked Companies