Payitoff is a debt infrastructure company based in NYC and LA offering a host of services that help fintechs, workplace providers and financial institutions save the average customer $240 / month on their student loans. With our tools, any financial service can easily:
- Sync the richest loan data - roughly 2x more data per loan vs. alternatives
- Automate any type of guidance, including forgiveness programs that already exist
- Digitally enroll borrowers in federal repayment options that save them money
- Embed several student loan workflows with a few lines of javascript
Partners using their technology have collectively saved borrowers over $10 million to date.
Location: United States, New York
Employees: 11-50
Total raised: $8.5M
Founded date: 2017
Investors 3
| Date | Name | Website |
| 11.11.2021 | Lightspeed... | lsvp.com |
| - | MassChalle... | masschalle... |
| - | FinTech Sa... | fintechsan... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 18.11.2021 | Seed | $8.5M | - |
Mentions in press and media 10
| Date | Title | Description | Source |
| 11.11.2022 | How One Man Erased $250k Of Student Debt: How To Find Out If... | Michael Weaver Micael Weaver Michael Weaver has long struggled under the weight of his st... | forbes.com... |
| 12.11.2021 | Payitoff Raises $8.5M in Seed Funding | Payitoff, a NYC-based company building infrastructure to automate and optimize every aspect of debt ... | finsmes.co... |
| 11.11.2021 | What does the recent third quarter drop in late-stage startu... | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign ... | fortune.co... |
| 11.11.2021 | What does the recent third quarter drop in late-stage startu... | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign ... | fortune.co... |
| 11.11.2021 | Payitoff secures $8.5M for student debt management | Payitoff has raised $8.5 million in seed financing led by Lightspeed, with support from Sound Ventur... | pitchbook.... |
| 10.11.2021 | Payitoff Raises $8.5M in Seed Funding to Support Financial S... | Payitoff, the company building infrastructure to automate and optimize every aspect of debt manageme... | marketscre... |
| 16.06.2021 | Payitoff Releases Groundbreaking API Products to Help Compan... | Elevate your enterprise data technology and strategy at Transform 2021. Anticipating the resumption... | venturebea... |
| 16.06.2021 | Payitoff Releases Groundbreaking API Products to Help Compan... | Anticipating the resumption of student loan payments in September, Payitoff is helping financial ser... | venturebea... |
| 01.12.2020 | Student Loan Borrowers Will See Their Loan Servicers Change ... | In June of this year, the United States Department of Education announced sweeping changes to the wa... | forbes.com... |
| 18.12.2019 | MassChallenge FinTech Announces 2020 Cohort of Top FinTech S... | December 18, 2019 (BOSTON) - MassChallenge, a global network of zero-equity startup accelerators, to... | masschalle... |