# PayKey

**Source:** https://www.startuphub.ai/startups/paykey
**Profile type:** Startup

> Embedded banking solutions platform for banks and financial institutions.

## About

PayKey provides embedded banking solutions that allow banks to integrate real-time financial services into customers' daily lives. Their core offering, Salary on Demand, enables banks to provide employees with instant access to earned income before payday through an Earned Wage Access (EWA) solution. PayKey serves banks and financial institutions.

## Key facts

- **Slug:** paykey
- **Website:** http://www.paykey.com
- **Location:** Tel Aviv, Israel
- **Founded:** 2015-07-01
- **Employees:** 23
- **Operating status:** Active
- **Total funding:** $16M
- **Sectors / tags:** Fintech, Payments, Mobile, Embedded Finance, Digital Payments, Banking Technology, API Platform
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/paykey/
  - Twitter: https://twitter.com/getPayKey

## Frequently asked

### What does PayKey do?

PayKey provides embedded banking solutions that allow banks to integrate real-time financial services into customers' daily lives. Their core offering, Salary on Demand, enables banks to provide employees with instant access to earned income before payday through an Earned Wage Access (EWA) solution. PayKey serves banks and financial institutions.

### What is PayKey's revenue?

StartupHub estimates PayKey's annual revenue at $3.5M (range $2.0M to $6.3M, 65% confidence), based on comparable companies in the sector.

### What is PayKey's valuation?

StartupHub estimates PayKey's effective valuation at $63.0M (range $40.0M to $96.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has PayKey raised?

PayKey has raised a total of $16M in funding. The most recent round on record is Series B.

### Where is PayKey headquartered?

PayKey is headquartered in Tel Aviv, Israel.

### When was PayKey founded?

PayKey was founded in 2015.

### What industry does PayKey operate in?

PayKey operates in Fintech, Payments, Mobile, Embedded Finance, Digital Payments, Banking Technology.

### How many employees does PayKey have?

PayKey has approximately 23 people on record.

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