PayCar is a Paris-based startup that provides a secure payment solution for peer-to-peer sale and purchase of second-hand vehicles. Its platform offers an alternative to bank cheques, enabling transactions at any time while providing security and eliminating the risk of fraud. The company was founded in March 2015 by Vincent Marty Lavauzelle and Michael Waldman. PayCar intends to use the funds to continue developing the platform. It will also focus on speeding adoption of its service and driving business growth following the raise.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2016