Assessment
Paystand is used by mid-market and enterprise finance teams that collect large B2B invoices. The company says more than 1M businesses on its network move over $20B, and its best use cases are accounts receivable automation, ERP-integrated payment portals, and zero-fee bank payments. It charges subscription pricing instead of per-transaction card fees, and its main competitors are BILL, Versapay, and Billtrust.
Jeremy Almond co-founded Paystand with Scott Campbell after his family lost its home in the 2008 financial crisis. A $50M Series C led by NewView Capital in July 2021 brought total funding to $85M. In 2024 it bought Teampay, adding its network of 250,000 companies, and in April 2026 it introduced the USDb stablecoin for business payments.
It fits a finance team whose customers still mail checks or pay large invoices by card. It is a weaker fit for a consumer-facing merchant that needs card acceptance at checkout, and for a buyer that wants a pure AP tool.
Rating by criterion
We score each of the eight criteria out of 100.
Sector criteria
Accept bank, card, and network payments on invoices. The model favors bank-to-bank transfers on the Paystand network.
Use hosted portals and APIs. Most customers work through ERP integrations, not custom builds.
Expect standard payment security and controls for B2B receivables.
Connect to NetSuite, Sage Intacct, Microsoft Dynamics, and other ERPs for cash application.
Vendor criteria
Watch the network and stablecoin work, including USDb announced in April 2026.
Plan an ERP integration project with Paystand’s onboarding team.
Expect subscription pricing instead of percentage card fees. Exact tiers are quoted.
Negotiate annual terms by volume and modules.
Against its peers
These are the other companies in payments and acquiring, with their ratings.
User comments
These buyer-oriented points are drawn from Paystand’s site and coverage of its funding and acquisitions.
- Upside
- Upside
- Downside
Where customer reviews couldn't be found, our analysts attempted to give a voice to buyer sentiment, drawing on real information from review sites, forums and product documentation. We omit sites where vendors pay to be featured or pay for a review, plus any review the site flags as incentivized.
Based on: Paystand home page; TechCrunch, July 2021; Lookout Santa Cruz, May 2024.
Fact file
| Co-founder and CEO | Jeremy Almond |
|---|---|
| Co-founder | Scott Campbell |
| Network | 1M+ businesses (company figure) |
| Series C | $50M, July 2021, led by NewView Capital |
| Acquisition | Teampay, 2024 |
Competitive landscape
B2B payments and receivables platforms a finance team would compare with Paystand.
Paystand: 74
Comparisons
Key leadership
Jeremy Almond co-founded Paystand with Scott Campbell and is its chief executive.
How this review was created
This profile gives our own assessment of Paystand to companies selecting a Payments & acquiring provider. The Fintech Index receives nothing for featuring a firm, for sponsorship, or for advertising, and Paystand gave us no payment for the profile.
The rating equals the average of eight criteria, with every criterion running from 0 to 100. Four address buyer needs in this sector, and four address the company together with its commercial terms.
Ratings are our editorial judgment, made from public information: pricing and legal pages, product documentation, compliance disclosures, public reviews and filings. Fact-checking took place on November 9, 2026.
Source pages
- Paystand home page: https://www.paystand.com/ (As of November 9, 2026)
- Paystand about: https://www.paystand.com/about (As of November 9, 2026)
- TechCrunch, July 2021: https://techcrunch.com/2021/07/23/paystand-banks-50m-to-make-b2b-payments-cashless-and-with-no-fees/ (As of November 9, 2026)
- Lookout Santa Cruz, May 2024: https://lookout.co/paystand-scotts-valley-teampay-acquisition-paystand-works-to-become-venmo-of-business-payments/story (As of November 9, 2026)