# Danny Shader

> Danny Shader is the founder and CEO of PayNearMe, a Santa Clara-based fintech platform that processes over $50 billion annually for more than 20,000 businesses. A serial entrepreneur whose previous ventures were acquired by Amazon, Motorola, and Netscape, Shader built PayNearMe from a niche cash-payment network into PayXM, the industry's first full-stack Payment Experience Management platform. Backed by $245 million in total funding including a $50M Series E in September 2025, he has spent 15+ years turning a deceptively simple problem - helping the cash-dependent and underbanked pay their bills - into a multi-billion-dollar enterprise payments category.

- **Role:** Founder and CEO at PayNearMe
- **Organizations:** PayNearMe, Good Technology, Accept.com, Amazon, Netscape, Collabra Software, GO Corporation
- **From:** Palo Alto, California, United States
- **Nationality:** American
- **Education:** MBA, Stanford University Graduate School of Business, BS, Industrial Engineering and Operations Research, University of California, Berkeley
- **Known for:** Founded PayNearMe in 2009; grew it to $200M+ annual revenue by 2025 with 60% year-over-year growth, Raised $245M+ in total venture funding across multiple rounds including a $50M Series E in September 2025, Built PayNearMe into a platform processing over $50 billion annually for 20,000+ businesses

## Career timeline

- **1989-1993** — Director of Business Development at GO Corporation; mentored by Bill Campbell during a Japan business trip
- **1993-1995** — VP Business Development at Collabra Software, Inc.
- **1995-1998** — VP, Channel and Developer Relations at Netscape Communications (acquired by AOL)
- **1998-1999** — Co-founded Accept.com, one of the first person-to-person payments platforms
- **1999** — Accept.com acquired by Amazon; joined Amazon as VP and General Manager; became Jeff Bezos' first executive shadow; his code formed foundation of Amazon Payments
- **2002-2007** — CEO of Good Technology, a wireless messaging company competing with BlackBerry; acquired by Motorola in 2007
- **2009** — Founded PayNearMe in Santa Clara, California; built cash payment network via retail locations like 7-Eleven and Dollar General
- **2018** — PayNearMe launched non-cash payment processing after pivoting based on client feedback
- **2024** — PayNearMe raised $45M Series D; grew customer base significantly
- **2025-09** — PayNearMe raised $50M Series E from AVP; rebranded platform to PayXM; revenue exceeded $200M with 60% YoY growth
- **2025-12** — Featured in Inc. Magazine Founder Focus; company processes $50B+ annually for 20,000+ businesses

## Achievements

- Founded PayNearMe in 2009; grew it to $200M+ annual revenue by 2025 with 60% year-over-year growth
- Raised $245M+ in total venture funding across multiple rounds including a $50M Series E in September 2025
- Built PayNearMe into a platform processing over $50 billion annually for 20,000+ businesses
- Co-founded Accept.com, one of the first P2P payments companies, acquired by Amazon in 1999
- Served as Jeff Bezos' first executive shadow and VP/GM at Amazon; his code became foundational to Amazon Payments
- Led Good Technology as CEO through its acquisition by Motorola in 2007
- Held senior roles at Netscape and Collabra Software prior to founding career
- Pioneered the Payment Experience Management (PayXM) category in B2B fintech
- Won 2025 PayTech Awards USA
- Launched Smart Switch ACH redundancy and IVA (Intelligent Virtual Agent) capabilities at PayNearMe in 2025

## Latest updates

- **2025-12** — Featured in Inc. Magazine Founder Focus discussing PayNearMe's evolution from cash network to payment experience platform
- **2025-09** — PayNearMe secured $50M Series E funding from AVP; platform rebranded to PayXM
- **2025-01** — PayNearMe announced record 2025 performance: $200M+ revenue, 60% YoY growth, 20,000+ client businesses, $50B+ annual payment volume
- **2025-01** — Won 2025 PayTech Awards USA; launched Smart Switch ACH redundancy and IVA capabilities

## Links

- Website: https://paynearme.com
- LinkedIn: https://www.linkedin.com/in/dannyshader/
- Twitter/X: http://twitter.com/PayNearMe
- Facebook: http://www.facebook.com/PayNearMe

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Profile page: https://yespress.io/danny-shader
Published by YesPress — https://yespress.io
Last updated: 2026-05-27