# PayZen

> PayZen is a San Francisco-based healthcare fintech that gives patients interest-free, fee-free payment plans for their medical bills while paying providers up front. Founded in 2019 by Itzik Cohen, Tobias Mezger, and Ariel Rosenthal, the company uses AI-driven underwriting to embed personalized financing inside the revenue cycle of hospitals and health systems.

- **Founded:** 2019
- **Headquarters:** San Francisco, California, United States
- **Founders:** Itzik Cohen (Co-Founder & CEO), Tobias Mezger (Co-Founder & Chief Product Officer), Ariel Rosenthal (Co-Founder & Chief Technology Officer)
- **Team size:** ~120 employees
- **Products:** Care Now, Pay Later, Post-Care Payment Plans, PayZen Platform
- **Notable:** Best in KLAS 2026 - #1 vendor in Patient Financing Services, Raised $232M Series B in August 2024 led by NEA, 6x year-over-year growth two years running

## Products & services

- **Care Now, Pay Later** — Pre-service financing that lets patients schedule care and pay over time, interest- and fee-free.
- **Post-Care Payment Plans** — Automated, personalized installment plans embedded in the provider's billing workflow after care is delivered.
- **PayZen Platform** — AI underwriting, EMR/EHR integration, analytics, and balance-sheet management for hospitals and health systems.

## Achievements

- Best in KLAS 2026 - #1 vendor in Patient Financing Services
- Raised $232M Series B in August 2024 led by NEA
- 6x year-over-year growth two years running
- 100% customer retention, 132% net retention

## Latest updates

- **2024-08** — Closed $232M Series B ($32M equity + $200M credit warehouse) led by NEA.
- **2026-02** — Named Best in KLAS 2026 #1 vendor for Patient Financing Services.

## Links

- Website: https://payzen.com
- LinkedIn: https://www.linkedin.com/company/payzen
- Twitter/X: https://twitter.com/_PayZen
- Facebook: https://facebook.com/PayZen-105833744121330/

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Profile page: https://yespress.io/payzen
Published by YesPress — https://yespress.io
Last updated: 2026-05-23