Paytia provides a cloud-native platform that enables businesses to take card-not-present payments over the phone while keeping customers in control of their card data. The product is positioned as a scalable, affordable alternative to costly on-premise telephone payment software and is built to meet PCI-DSS and other payment/identity regulations. Paytia offers an automated telephony service across 52 countries and combines telecommunications and payments standards expertise in its design. The company says it benefited from increased demand during COVID, remote work, and social distancing trends. Paytia aims to build on strong momentum and expand with strategic support following its recent fundraise. Financially, the company completed a £1.2 million pre-series A seed round to support its next stage of growth.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2020