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Venture Capital News: Paystand Inks $50M in Series C

2021-07-23
SCOTTS VALLEY, CA, Paystand, a blockchain-enabled payment network for business, announced its $50M Series C round of funding led by NewView Capital.
Paystand, a blockchain-enabled payment network for business, announced its $50 million Series C round of funding led by NewView Capital. Other participating investors include SoftBank's Opportunity Fund, King River Capital, Industrious Ventures, and Transform Capital.

The company leverages cloud technology and the Ethereum blockchain to power the Paystand Bank Network-a digital, highly secure B2B payment network with zero fees.
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