Pay2Day Solutions, Inc. (Authvia), an El Segundo, CA-based company that enables businesses to collect payments via text, chat and instant messaging, raised $7M in Series A funding.
The round was led by Red Door Capital Partners.
The company intends to use the funds to accelerate its partner channels and overall sales and marketing efforts.
Led by CEO Chris Brunner, Authvia provides a patented text-to-pay solution (“TXT2PAY®”) that enables businesses to request and receive payments via text and other digital messaging channels; accelerating cash flow, eliminating PCI risk, and safeguarding data, while providing a seamless mobile payment experience. The technology includes the flagship software application TXT2PAY®, which delivers a secure, and contactless payment option via text messaging and other message-based communication channels, such as chat or What’s App.
Enterprises and ISV´s looking to implement Authvia’s solutions can access TXT2PAY through modern APIs, Authvia Portal, Authvia for Salesforce and/or connect their own payment and messaging partners, using any of the over 200 certified payment processors, gateways, SMS and messaging providers in the Authvia network. The proprietary multi-processor, multi-merchant wallet technology stores and encrypts credit, debit, and ACH credentials allowing consumers to pay with a simple text response any time they receive an invoice or payment request.
FinSMEs
29/04/2022