PayRight
Hawthorn
About PayRight
PayRight is an Australian payment plan provider developed for merchants to accelerate return-on-effort and for making things more affordable to consumers, by spreading the cost of purchases over time, without ever paying interest. It provides merchants a buy now, pay later flexible payment option to offer their customers, intended for bigger ticket items that are more considered purchases rather than smaller impulse-driven buys. The company practices responsible for lending and performs extensive identification and credit checks to ensure a customer’s repayment capability. Merchants are paid upfront and in full on the same day and include a diverse mix of broad-reaching products and services such as direct sales businesses, home improvement, education, photography, dental, and health and beauty. PayRight was founded in 2016 by brothers Piers Redward and Myles Redward. The company has set its headquarters in Melbourne, Australia.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Public
- Employees: 51 – 100
- Estimated revenue: $10K – $50K
- Total funding: $27.0M
- Funding stage: IPO
- Last round: Series D (Jul 2019)
- Ticker: asx:PYR
- Website: payright.com.au
- Phone: 1300 338 496
Industries & Categories
Financial Services, FinTech, Payments
Social Profiles
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