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Insights

AI-Powered Patient Financing PayZen offers embedded AI-powered patient financing solutions that drive revenue lift for healthcare providers, improve patient affordability, and satisfaction. This innovative approach appeals to providers seeking technology-driven solutions to enhance financial outcomes and patient experience.

Strategic Expansion and Partnerships With recent partnerships with Geisinger, UTMB, and the University of Texas Medical Branch, PayZen has demonstrated a focus on collaborative initiatives to address healthcare affordability. These connections indicate opportunities for cross-selling solutions to partner institutions and leveraging networks for market expansion.

$32M Funding for Growth The recent $32M in debt facility funding signifies PayZen's strong financial positioning to drive growth and innovation in its 'care now, pay later' product. This presents an opening for sales teams to offer advanced solutions backed by robust financial resources to healthcare providers seeking transformative payment models.

Experienced Leadership Team With the appointment of Mohamad Makhzoumi as Co-CEO and Martino as CFO, PayZen has strengthened its leadership team with extensive industry expertise. This leadership stability creates a favorable environment for business development professionals to engage with key decision-makers and cultivate long-term partnerships.

Industry Recognition and Thought Leadership The release of industry reports like 'The High Cost of Health' showcases PayZen's thought leadership in tackling healthcare affordability with AI solutions. Sales development representatives can leverage these insights to establish credibility, engage prospects, and position PayZen as a trusted advisor in the industry.

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PayZen Tech Stack

PayZen uses 8 technology products and services including Cloudflare, NetSuite, Google Font API, and more. Explore PayZen's tech stack below.

Cloudflare
Content Management System
NetSuite
E-commerce
Google Font API
Font Scripts
Font Awesome
Font Scripts
Branch
Marketing Automation
HTTP/3
Miscellaneous
PHP
Programming Languages
X-XSS-Protection
Security

Media & News

PayZen's Email Address Formats

PayZen uses at least 1 format(s):

PayZen Email Formats	Example	Percentage
FLast@payzen.com	JDoe@payzen.com	56%
First@payzen.com	John@payzen.com	34%
First.Last@payzen.com	John.Doe@payzen.com	6%
Last@payzen.com	Doe@payzen.com	4%

Frequently Asked Questions

Where is PayZen's headquarters located?

PayZen's main headquarters is located at San Francisco, California 94102 US. The company has employees across 3 continents, including North AmericaAsiaSouth America.

What is PayZen's official website and social media links?

PayZen's official website is payzen.com and has social profiles on LinkedIn.

How much revenue does PayZen generate?

As of October 2024, PayZen's annual revenue reached $15M.

What is PayZen's NAICS code?

PayZen's NAICS code is 5112 - Software Publishers.

How many employees does PayZen have currently?

As of October 2024, PayZen has approximately 83 employees across 3 continents, including North AmericaAsiaSouth America. Key team members include Chief Risk Officer (cro): C. G.Chief Product Officer: P. C.Chief Financial Officer: A. M.. Explore PayZen's employee directory with LeadIQ.

What industry does PayZen belong to?

PayZen operates in the Software Development industry.

What technology does PayZen use?

PayZen's tech stack includes CloudflareNetSuiteGoogle Font APIFont AwesomeBranchHTTP/3PHPX-XSS-Protection.

What is PayZen's email format?

PayZen's email format typically follows the pattern of . Find more PayZen email formats with LeadIQ.

How much funding has PayZen raised to date?

As of October 2024, PayZen has raised $32M in funding. The last funding round occurred on Aug 13, 2024 for $32M.

When was PayZen founded?

PayZen was founded in 2019.

PayZen

PayZen

Software DevelopmentCalifornia, United States51-200 Employees

PayZen's embedded, AI-powered patient financing solutions drive a significant revenue lift for healthcare providers while improving patient affordability and satisfaction. 

Our platform automatically engages patients who need flexible payment options and offers them interest-free payment plans for up to 60 months tailored to their unique ability to pay. At the same time, we can pre-fund providers without recourse, eliminating bad debt and bringing A/R days to zero. Providers get a much higher patient payment rate and accelerated cash. Patients get affordable access to care and an intuitive payment experience. 

While we got our start in patient financing, PayZen's vision is broader than breaking large balances into monthly payments. We are building an integrated, data-driven platform that automates manual processes to holistically address the affordability needs of patients, resulting in an overall increase in revenue for providers.

Company Overview

Headquarters: San Francisco, California 94102 US
Website: payzen.com
NAICS Code: 5112 - Software Publishers
Founded: 2019
Employees: 51-200

Media & News

Funding & Financials

$32M
PayZen has raised a total of $32M of funding over 7 rounds. Their latest funding round was raised on Aug 13, 2024 in the amount of $32M.
$10M$50M
PayZen's revenue is in the range of $10M$50M

Funding & Financials

$32M
PayZen has raised a total of $32M of funding over 7 rounds. Their latest funding round was raised on Aug 13, 2024 in the amount of $32M.
$10M$50M
PayZen's revenue is in the range of $10M$50M

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