PayIt is a cloud-based SaaS provider that helps governments accept digital payments and deliver services across web, desktop, and mobile. Its solutions are purpose-built for the public sector with modules spanning Motor Vehicle, Taxes, Courts, Utilities, and more. Led by founder and CEO John Thomson, the company counts customers including the City of Toronto, Florida’s Palm Beach County, and North Carolina. PayIt recently released a configurable platform architecture and ProSight™, a backend dashboard for management and insights. The company has also expanded its executive team, appointing Jean Nobile as senior vice president of operations and Kelly Davis-Felner as chief marketing officer. The business is pursuing continued growth and product innovation supported by new financing. PayIt offers a platform that takes payments and produces related documentation for government services through web and mobile interfaces. Its U.S.-operational platform covers use cases including courts and citations, environmental services, health and human services, motor vehicle, parks and wildlife, professional licensing, public safety, taxes, turnpike and tolling, and utilities. The platform integrates multiple backend systems into a single front end, uses a wallet for payments, stores sensitive information in the cloud, and reduces the need for users to re-enter details. PayIt says it handles a small but rapidly growing percentage of the market. The company plans to expand its use-case list, win more U.S. business, and begin breaking into international markets. Founded in 2013 and run from Kansas City, PayIt sits at the intersection of fintech and govtech, aiming to modernize legacy public-sector processes. PayIt provides a patent-pending mobile platform for citizen-government payment processing for state and local services such as the DMV, permits and licensing, turnpike passes, income tax and traffic citations. The company is based in Kansas City, MO and is led by co-founder and CEO John Thomson. The Kansas Transportation Authority deployed the PayIt Kansas mobile app, allowing K-TAG account users to access and manage their accounts from smartphones. PayIt completed a $4.5M Series A funding round and intends to use the funds to continue to expand operations. Backers in the round included Advantage Capital Partners, Weatherford Partners, Royal Street Ventures and Missouri Technology Corporation.

Total raised

$195M

Funding rounds

3

Latest round

Equity

Latest activity

Aug 2022