PayBack

PayBack Platform - Financing and enablement for B2B transactions that drives price, early pay, and processing discounts and cash flow enhancement

  • Stage Full Product Ready
  • Industry Financial Services
  • Location Raleigh, NC, US
  • Currency USD
  • Founded February 2015
  • Employees 4
  • Website payback123.com

Company Summary

PayBack provides a procure-through-pay financing and enablement platform to education, healthcare, and government buyers and their suppliers to enhance revenues and cut costs. PayBack is positioned to capitalize on a $13.4 billion market opportunity with a $750 million in structured payment financing commitment, key suppliers contracts including Amazon Business and pipeline of 250 more, established distribution, and launch ready technology.

Team

  • Justin Calvillo
    Co-Founder & CEO

    Justin is an accomplished business builder with 22 years experience including implementing spend management solutions, high technology, finance and commercializing solutions to education, healthcare and government.

  • Bob Wood
    Co-Founder & Relationship Development

    22-year career as head of procurement at North Carolina State University (NCSU) implementing integrated Group Purchasing Organization (GPO) relationships, ecommerce platforms, and early pay programs that is the basis on which the PayBack Platform was developed.

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