PayRecs
PayRecs is a B2B software solution that simplifies payment collection through automated currency management, helping companies get paid faster & at lower cost
- Stage Full Product Ready
- Industry Fintech
- Location St. Louis, MO, USA
- Currency USD
- Founded December 2017
- Employees 4
- Incorporation Type LLC
- Website getpayrecs.com
Company Summary
PayRecs is a B2B platform for both making and receiving international payments. We provide companies with unprecedented simplicity, transparency and innovation in our solution. Our receivables platform is truly unique (not offered by any US bank) and allows companies to receive payment in up to 36 different currencies.
We sell directly to mid-sized businesses and are also working with large US banks to develop distribution partnerships.
Team
-
co-founder / CEOJon, a corporate foreign exchange veteran (Wells Fargo/Fifth Third), Jon spent 15 years advising corporate customers to identify and manage currency risk as well as how to move funds internationally as efficiently as possible. After seeing many customers struggle with global payment collection, Jon left Wells Fargo to start PayRecs.
Jon joined Steve in 2017 to create PayRecs.
Starting a startup?
Join the world's largest startup network for guidance, tools, and fundraising opportunities.