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Paywallet provides payroll-linked software that helps lenders verify borrowers and manage repayments.
Founded in 2020 and based in Jacksonville, US, Paywallet provides a payroll-linked SaaS platform for lenders and financial institutions to verify employment and bank information and set up payroll remittances. Its APIs give clients access to borrowers' payroll data for credit decisions and repayment predictions. In February 2022, the company raised USD 5.18 million in series A funding led by Pasaca Capital, with participation from Arcadia Funds and PruVista Capital.
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