PayAllies: A mobile-based, cost-effective payment system enhancing cashless transactions in emerging economies.
Location
Rhode Island, US
Founded
2012
PayAllies is an investment firm that focuses on early-stage investments in fintech companies, particularly those enhancing payment systems in emerging economies. They typically invest in pre-seed and seed rounds, supporting startups that leverage mobile technology to facilitate cashless transactions and improve financial inclusion.
Notable portfolio companies include innovative fintech startups that have successfully implemented mobile-based payment solutions in underserved markets. Key partners at PayAllies bring extensive experience from leading financial institutions and tech companies, offering strategic guidance and industry connections. The firm prides itself on providing not only capital but also mentorship and access to a robust network of industry experts to help their portfolio companies scale effectively.
PayAllies - Classification
NAICS
520000Finance and Insurance
522000Credit Intermediation and Related Activities
522300Activities Related to Credit Intermediation
522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
8700Engineering, Accounting, Research, Management, And Related Services
8740Management And Public Relations Services
8742Management Consulting Services
Show 4 more industry codes
SIC
6000Depository Institutions
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities