PayIt

PayIt

Deliver an innovative solution that enables residents to access essential government services from any device.

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DateInvestorsAmountRound
-investor

€0.0

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€0.0

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$90.0m

Growth Equity VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD201820192020202120222023
Revenues000000000000000000000000
% growth-118 %206 %28 %14 %14 %
EBITDA000000000000000000000000
Profit000000000000000000000000
EV000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget000000000000000000000000

Source: Dealroom estimates

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More about PayIt
Made with AI
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PayItGov.com is a modern customer experience and payments platform designed specifically for government agencies. The company operates in the digital transactions market, serving government agencies and their residents. The platform simplifies the process of digital transactions between government agencies and residents, allowing for a more efficient service delivery and faster revenue collection.

The business model of PayItGov.com revolves around providing a centralized platform for managing transactions, issuing refunds, and providing real-time visibility for staff to deliver excellent support. The platform also offers features such as payment reminders for residents and tracking of online payments trends.

The company has successfully transitioned 75% of water, refuse, parking tickets, and property tax transactions to happen online for its clients. This shift has allowed government agency teams to focus more on complex customer needs and strategic projects rather than processing high volumes of transactions.

PayItGov.com also ensures the security and privacy of its users. The technical storage or access is used strictly for necessary purposes such as enabling the use of a specific service requested by the user, carrying out the transmission of a communication over an electronic communications network, storing preferences that are not requested by the user, and for statistical purposes.

In summary, PayItGov.com is a digital transaction platform for government agencies that enhances customer experience, improves service delivery efficiency, and accelerates revenue collection.

Keywords: Digital Transactions, Government Agencies, Customer Experience, Service Delivery Efficiency, Revenue Collection, Online Payments, Payment Reminders, Transaction Management, Privacy and Security, Statistical Analysis.

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Investments by PayIt

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Sovereign Sportsman Solutions
ACQUISITION by PayIt May 2023