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Paystand
Paystand is a asset manager based in Scotts Valley, founded 2013; the Altss profile covers its classification, headquarters, registration, AUM band, and key...
Paystand
Automate AR, expenses, reconciliation, and global payouts while reducing operational overhead.
General information
Firm type
Asset Manager
Year founded
2013
Location
Region
North America
Country
United States
City
Scotts Valley
Corporate office
Scotts Valley, CA, United States
Principals
Jeremy Almond
Co-Founder & CEO
Scott Campbell
Co-Founder & Head of Solutions
Mark Hassin
COO
Scott Bennion
CFO
Sergio Almaguer
Chief Product Officer
Allison Grieb
Chief Sales Officer
Mike Parks
SVP of Operations
Alexandra Navarro
Chief of Impact
Meridith Perry
Teampay General Manager
Sam Smith
VP of Customer Experience
Chris Jacobson
VP of Product
Sector focus
Frequently asked questions
Who runs investment decisions at Paystand?
Paystand is a venture-backed operating company, not an investment firm. Strategic and financial decisions are managed by CEO and co-founder Jeremy Almond alongside the executive leadership team, reporting to a board that includes investors from BlueRun Ventures, Cervin Ventures, and Leap Global Partners.
How does Paystand process B2B payments on-chain?
Paystand settles transactions on blockchain infrastructure, which it describes as a shared, programmable, real-time ledger. The firm reports that the on-chain architecture eliminates the per-transaction fees typical of card and bank-interchange networks, enabling instant cross-border settlement in vendor currency across 190 countries.
What is the difference between agentic and autonomous AI on the Paystand network?
Agentic AI pursues specified goals with human supervision — for example, drafting collection emails or enforcing spend policy — while autonomous AI operates without continuous human intervention, handling tasks such as cash application and payment routing. Both systems run inside Paystand's payment network and post directly to the customer's ERP.
How does Paystand make money if it charges zero transaction fees?
The firm operates on a flat monthly subscription model calibrated to payment volume, capability mix, and ERP integrations. Paystand states that as a customer's payment volume scales, the cost to collect decreases, aiming to align the software's economic incentives with cost reduction rather than transaction growth.
Does Paystand participate in fund commitments or direct investing?
Paystand is not an investment entity. It is an operating technology company building a payments network for B2B enterprises. The firm was founded in 2013 and has raised venture capital to fund product development and acquisitions such as Yaydoo and Teampay.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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