Payen
Digital payment solutions
- 21-100 employees
- Fintech
- B2B
- Payments
- Financial Services
- SaaS
- London, UK
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Company mission
To provide innovative solutions with a personal touch.
Our take
Payen was founded as Trustpay Global to help clients maximise eCommerce sales revenues and conversion rates. It did this by reducing the number of transactions abandoned at checkout with a service called pinPay.
Renamed as Payen, the company has expanded to provide payment services along with its acquiring service, which gives clients the benefit of cashflow optimisation, greater reliability, low-cost routing, adaptable acceptance improvements, and seamless clearing. Through gaining a high volume of business in payment services, Payen is able to offer competitive rates for customers.
Central to Payen's success has been forging long-term relationships with customers, due in part to its secure, safe, and trusted information security network. The company aim to continue making these connections to find future success.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Company Laptop
- Pension scheme
- Support with training and professional qualifications
- Health and Wellbeing support
- Work from home opportunities
Funding (1 round)
Nov 2017
$12.9m
Total funding: $12.9m
Leadership
Alexander McAngus
(Chairman)After working in civil and military innovation, Alexander joined a dotcom incubator, having the opportunity to invest in several early-stage tech startups. In 2010, he co-founded Payen.
Richard Smith
(CEO)Prior to co-founding Payen in 2010, Richard spent the first 12 years of his career in London, specialising in complex software systems for financial markets.