# Paystand

> Paystand provides subscription-based B2B payment and finance automation software. Its bank network offers zero transaction fees, alongside tools for invoicing, collections, reconciliation, expense management and international payouts. ERP integrations and acquisitions of Yaydoo, Teampay and Bitwage extend its reach across the financial workflow.

- **Founded:** 2013
- **Headquarters:** Santa Cruz, United States
- **Founders:** Jeremy Almond (Co-Founder and CEO), Scott Campbell (Co-Founder and Head of Solutions)
- **Products:** Accounts receivable automation, Paystand Bank Network, Smart Lockbox, Teampay by Paystand, Yaydoo
- **Notable:** Raised a USD 50 million Series C in July 2021., Acquired Yaydoo in 2022, Teampay in 2024 and Bitwage in November 2025., Reported a combined network touching over one million businesses following the Teampay acquisition.

## Products & services

- **Accounts receivable automation** — Invoice payment links, branded payment portals, collection reminders, recurring payments, cash application and ERP reconciliation.
- **Paystand Bank Network** — Bank-to-bank B2B payments with zero transaction fees under a subscription model.
- **Smart Lockbox** — Digitizes incoming check workflows and connects remittance information to accounting systems.
- **Teampay by Paystand** — Spend approvals, corporate cards, expense management and accounting workflows; acquired in 2024.
- **Yaydoo** — Latin American procurement, payables and receivables software; acquired in 2022.
- **Bitwage by Paystand** — International payroll and contractor payouts using fiat and digital currency infrastructure; acquired in 2025.
- **USDb and Cross-Border Payments** — Business digital-dollar settlement infrastructure. Paystand describes USD-funded payment runs with local-currency delivery to vendor bank accounts.

## Achievements

- Raised a USD 50 million Series C in July 2021.
- Acquired Yaydoo in 2022, Teampay in 2024 and Bitwage in November 2025.
- Reported a combined network touching over one million businesses following the Teampay acquisition.
- Allterra Solar case study reports 51% lower transaction costs; customer-specific vendor-published result.

## Latest updates

- **2026-08** — Published an explanation of USDb-backed cross-border settlement, with USD funding and local-currency vendor payouts.
- **2026-04** — Published its introduction to USDb as a stablecoin designed for business payment workflows.
- **2025-11** — Acquired Bitwage to expand payroll, payouts, FX and treasury capabilities.

## Links

- Website: https://www.paystand.com
- LinkedIn: https://www.linkedin.com/company/paystand/
- Twitter/X: https://twitter.com/paystand
- Facebook: https://www.facebook.com/Paystand/

---

Profile page: https://yespress.io/paystand
Published by YesPress — https://yespress.io
Last updated: 2026-10-26