# Park Place Payments: Financial services, Los Angeles, United States

> Park Place Payments: Park Place Payments is a women-owned fintech company founded in 2018, specializing in merchant payment solutions and financial services...

Source: https://millionrounds.com/startup/park-place-payments (Millionrounds; every figure on the page links to its filing or article)

United States · [Financial services startup](https://millionrounds.com/companies)

# Park Place Payments

Park Place Payments is a women-owned fintech company founded in 2018, specializing in merchant payment solutions and financial services for small and medium-sized businesses (SMBs).

Email

Funding reported Last round: Seed

Financial services Los Angeles, United States

Follow Park Place Payments and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fstartup%2Fpark-place-payments)

Company summary

- **Founded:** 2018 8 years old
- **Team:** 110 51 to 200 people
- **Funding reported:** $2.5M in dollars
- **Last round:** Seed May 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Park Place Payments has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Park Place Payments

Park Place Payments is a women-owned fintech company founded in 2018, specializing in merchant payment solutions and financial services for small and medium-sized businesses (SMBs).

The company utilizes a community-based direct sales force, primarily composed of over 1,500 account executives, most of whom are women. This unique "sales-force-as-a-service" model allows them to effectively serve local businesses, such as yoga studios and hair salons. The company offers a wide range of payment processing technologies, including countertop and mobile terminals, POS systems, payment gateways, and e-commerce shopping carts. They also provide a proprietary analysis service called Payment CheckupTM to optimize account performance. Park Place Payments emphasizes transparency with a single rate card and no hidden fees, earning recognition for its client-focused approach. In April 2023, the company became a wholly owned subsidiary of Logiq, further enhancing its capabilities in the payment processing industry.

## What company datasets say Park Place Payments raised

Funding, as reported

Reported in all **$2.5M** in dollars

Rounds **2**

Last round **Seed**

Last round size **$1.5M**

Last round date **May 2021**

SEC Form D **$3.5M sold, 1 filing, last Feb 2023**

## The company, in detail

What they build

Known for

merchant services information technology & services financial services women in business payment technology payment processing fintech services credit card processing payments b2b small to medium businesses finance technology direct sales

- **Sector:** Financial services
- **Industry code:** NAICS 522320
- **Region:** California
- **Part of:** Asbury Automotive Group

## Financial services in United States

Startups like it

- [**Kalshi** New York · founded 2019 *Raised*](https://millionrounds.com/company/kalshi)
- [**Temporal** founded 2022 *Raised*](https://millionrounds.com/company/temporal)
- [**Vestwell** New York · founded 2016 *Raised*](https://millionrounds.com/company/vestwell)
- [**C2FO** Kansas City · founded 2008 *Raised*](https://millionrounds.com/company/c2fo)
- [**Yieldstreet** New York · founded 2015 *Raised*](https://millionrounds.com/company/yieldstreet)
- [**Flutterwave** San Francisco · founded 2016 *Raised*](https://millionrounds.com/company/flutterwave)
- [**Corgi** San Francisco · founded 2024 *Raised*](https://millionrounds.com/company/corgi)
- [**Alpaca** San Mateo · founded 2017 *Raised*](https://millionrounds.com/company/alpaca)

## Is this your company?

Add your raise, your deck and your story, and put Park Place Payments in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)