Pay By Group's service is available to consumers through its website (www.PayByGroup.com) as well as through the Pay By Group checkout button on e-commerce websites that offer the service (www.PayByGroup.com/business).
How it works:
The organizer of the group decides the minimum number of people that must pay in order for a group event to happen, and when that minimum have paid in, everyone's credit cards are charged and the funds are collected.
If the minimum number of people don't pay in, no one is charged a single penny!
Location: United States, California, San Francisco
Member count: 11-50
Total raised: $3.4M
Founded date: 2012
Investors 4
Date | Name | Website |
- | 500 Startu... | 500.co |
- | Hard Yaka | hardyaka.c... |
- | Commerce.I... | commercein... |
- | Amino Capi... | aminocapit... |
Funding Rounds 1
Date | Series | Amount | Investors | Deal News |
18.10.2016 | Seed | $3.4M | - | finsmes.co... |
Mentions in press and media 10
Date | Title | Description | Category | Author | Source |
29.01.2018 | Term Sheet... | ICYMI Good morning, Term Shee... | - | - | fortune.co... |
27.01.2018 | Pay By Gro... | Pay By Group, a San Francisco ... | Mexico US... | - | finsmes.co... |
18.10.2016 | Pay By Gro... | Pay By Group, a San Francisco ... | USA | - | finsmes.co... |
12.06.2014 | Balanced A... | Payments startup Balanced is l... | balanced | Ryan Lawle... | techcrunch... |
18.09.2013 | Growing Pa... | PayByGroup, a 500 Startups-bac... | paybygroup... | Sarah Pere... | techcrunch... |
08.11.2012 | PayByGroup... | We are excited to bring Transf... | - | Rebecca Gr... | venturebea... |
25.09.2012 | No More Aw... | Following its participation in... | eCommerce,... | Sarah Pere... | techcrunch... |
31.10.2011 | The new 50... | 500 Startups, the accelerator ... | - | Chikodi | venturebea... |
31.10.2011 | 500 Startu... | It’s Halloween, so it’s the pe... | 500 startu... | Rip Empson | techcrunch... |
31.10.2011 | 500 Startu... | Today the Silicon Valley based... | - | - | tech.co/ne... |