Boom Pay

Boom Pay

Verified
Boom Pay is the most flexible and rewarding way to pay rent. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$18—27m (Dealroom.co estimates May 2023.)
New York City New York (HQ)
Deals in current and previous year:

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-13 %
EBITDA00000000
Profit00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000
  • Edit
Get premium to view all results
DateInvestorsAmountRound
investor

$0.0

round
*

$4.5m

Seed
Total Funding000k

Recent News about Boom Pay

Edit
More about Boom Payinfo icon
Edit

BoomPay is a financial technology company that helps people build their credit score by reporting their current and past rent payments to all three major credit bureaus. The company's technology verifies data and reports payments quickly and efficiently, with users typically being verified in less than 24 hours. For those who sign up for ongoing reporting, payments are automatically verified and reported on a monthly basis.

BoomPay aims to make it easier for people to build their credit score and access better financial products. The company stands out from other businesses in the same industry by providing an easy-to-use app and fast reporting times. Customers have reported an average increase of over 28 points in their credit score in just two weeks. Furthermore, customers have seen increases of up to 127 points in just one month.

The company's mission is to help people build their credit score and access better financial products, so they can reach their financial goals. BoomPay is committed to providing a reliable and efficient service that helps people get the most out of their credit score.

Investments by Boom Pay

Edit
Alpaca
ACQUISITION by Boom Pay Jul 2023