Payitoff

Payitoff

We automate every aspect of consumer debt management for fintechs, workplace providers, and financial institutions.

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DateInvestorsAmountRound
-investor investor

€0.0

round
N/A

€0.0

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investor investor investor investor

€0.0

round
*

N/A

Acquisition
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD2020202120222023
Revenues0000000000000000
% growth-25 %320 %-
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Dealroom estimates

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More about Payitoff
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Payitoff is a fintech company specializing in student loan management solutions. It serves financial institutions, employers, and fintech platforms by providing tools to help their customers manage and repay student loans more effectively. Operating in the student debt market, Payitoff offers an API that integrates with existing products to deliver personalized repayment and forgiveness options. The business model revolves around licensing its technology to partners, who then offer these services to their end-users. Payitoff generates revenue through subscription fees and usage-based pricing models. By leveraging its technology, clients can deepen customer relationships, improve engagement, and increase retention. The platform also facilitates automatic enrollment in federal programs, freeing up cash flow for borrowers. This not only helps borrowers save money but also allows them to invest or spend more with the financial institutions that partner with Payitoff.

Keywords: student loans, fintech, API, debt management, repayment options, forgiveness programs, financial institutions, customer engagement, automatic enrollment, cash flow.

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