PaymentWorks
Boston, US · Founded 2013 · Delaware corporation
PaymentWorks provides a vendor management platform that automates vendor onboarding, banking verification, sanctions screening, and payment fraud prevention as a secure front end to a company's ERP. It offers ACH risk indemnification, check-to-digital payment conversion, and early payment discounts, serving finance and accounts payable teams.
Founders & leadership
ST
Seth Thayer StewartExecutive
TS
Thayer StewartNamed on SEC filing
Board
PG
Peter GeorgiopoulosBoard director
JC
Jay Clinton RisingBoard director
JS
Jeffrey SloanBoard director
AG
Alan GreenblattBoard director
Reported raises · per SEC filings
Form D private placements$41.6M disclosed across 7 rounds · 2014–2023
▶$12MraisedMar 2025 · 56 investors · Other TechnologyRule 506(b)
▶$12MraisedMar 2025 · 56 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Seth Thayer StewartExecutive Officer, Director
- Jay Clinton RisingDirector
- Peter C. GeorgiopoulosDirector
- Jeffrey SloanDirector
- Alan GreenblattDirector
- Offering amount
- $17M
- Amount sold
- $12M
- First sale
- Dec 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5.4MraisedJun 2022 · 20 investors · Other TechnologyRule 506(b)
▶$5.4MraisedJun 2022 · 20 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Peter GeorgiopoulosDirector
- Jay C. RisingDirector
- Alan GreenblattDirector
- Seth Thayer StewartExecutive Officer, Director
- Offering amount
- $17M
- Amount sold
- $5.4M
- First sale
- May 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$3.5MraisedAug 2021 · 34 investors · Other TechnologyRule 506(b)
▶$3.5MraisedAug 2021 · 34 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Alan GreenblattDirector
- Peter GeorgiopoulosDirector
- Jay Clinton RisingDirector
- Seth Thayer StewartExecutive Officer, Director
- Offering amount
- $8.5M
- Amount sold
- $3.5M
- First sale
- Jul 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$1.8MraisedMay 2020 · 27 investors · Other TechnologyRule 506(b)
▶$1.8MraisedMay 2020 · 27 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Seth Thayer StewartExecutive Officer, Director
- Peter GeorgiopoulosDirector
- Jay Clinton RIsingDirector
- Alan GreenblattDirector
- Offering amount
- $4M
- Amount sold
- $1.8M
- First sale
- Apr 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$14.5MraisedJul 2019 · 82 investors · Other TechnologyRule 506(b)
▶$14.5MraisedJul 2019 · 82 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Seth Thayer StewartExecutive Officer, Director
- Alan GreenblattDirector
- Jay Clinton RisingDirector
- Peter GeorgiopoulosDirector
- Offering amount
- $15.4M
- Amount sold
- $14.5M
- First sale
- Jun 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2.5MraisedJun 2016 · 21 investors · Other TechnologyRule 506(b)
▶$2.5MraisedJun 2016 · 21 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Thayer StewartExecutive Officer, Director
- Alan GreenblattDirector
- Offering amount
- $5M
- Amount sold
- $2.5M
- Proceeds to insiders
- $750K
- First sale
- May 2016
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$1.9MraisedNov 2014 · 22 investors · Other TechnologyRule 506(b)
▶$1.9MraisedNov 2014 · 22 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Thayer StewartExecutive Officer, Director
- Alan GreenblattDirector
- Offering amount
- $2.2M
- Amount sold
- $1.9M
- First sale
- Jun 2014
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 7
by search overlap
Stripe1309 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Intuit®850 shared keywordsIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
OnPay810 shared keywordsOnPay provides online payroll, HR, and benefits management software for small businesses, handling pay runs, tax calculations, deductions, and compliance. It integrates with accounting software, 401(k) plans, and benefits tools to keep business operations in sync.
Airwallex778 shared keywordsAirwallex operates a global banking platform that provides cross-border payments, financial infrastructure, and AI-powered financial software for businesses. The platform serves companies across 200+ countries, enabling automated financial operations, expense management, and billing for global enterprises and AI-native businesses.
Skuad639 shared keywordsSkuad is a platform that helps companies hire, onboard, pay, and manage remote employees and contractors across 160+ countries. It provides compliant employment contracts, payroll processing, tax compliance, benefits administration, and talent matching services for global teams.
homebase567 shared keywordsHomebase is a management platform for small businesses that includes team messaging, scheduling, shift tracking, onboarding, and payroll features. It serves restaurants, retail, and other hourly-wage businesses with tools for employee communication, scheduling, and performance tracking.
Oyster514 shared keywordsOyster is an employer of record (EOR) platform that lets companies hire, pay, and manage full-time employees and contractors in over 180 countries without setting up local entities, handling compliant onboarding, contracts, payroll, and benefits. It pairs an automated platform with in-house HR experts and integrates with HRIS, ATS, and accounting systems, serving globally distributed teams.
Companies competing with PaymentWorks for the same Google search keywords, organic and paid, via search-intersection analysis.
Frequently asked questions
- What does PaymentWorks do?
- PaymentWorks provides a vendor management platform that automates vendor onboarding, banking verification, sanctions screening, and payment fraud prevention as a secure front end to a company's ERP. It offers ACH risk indemnification, check-to-digital payment conversion, and early payment discounts, serving finance and accounts payable teams.
- How much funding has PaymentWorks raised?
- PaymentWorks has disclosed $41.6M raised across 7 rounds.
- Where is PaymentWorks headquartered?
- PaymentWorks is headquartered in Boston, US.