LocalPay
Financial Services • 
Palo Alto, California, United States • 1-10 Employees
Company overview
| Headquarters | 228 Hamilton Avenue, 3rd Floor, Palo Alto, CA 94301, US |
| Phone number | +16505871200 |
| Websites | |
| NAICS | 52 |
| Founded | 2022 |
| Employees | 1-10 |
| Socials |
Key Contact at LocalPay
Kent Yan
Founder and CEO
LocalPay Email Formats
LocalPay uses 2 email formats. The most common is {first initial}.{last name} (e.g., j.doe@localpay.com), used 66.7% of the time.
| Format | Example | Percentage |
|---|---|---|
{first initial}.{last name} | j.doe@localpay.com | 66.7% |
{first name}.{last name} | john.doe@localpay.com | 33.3% |
About LocalPay
LocalPay offers Consumers a 'pay-by-bank' solution, which allows them to use their bank accounts for direct payments to Merchants at the point of sale, eliminating the need for credit or debit cards. LocalPay's retail account-to-account payments reduce overall payment costs, resulting in lower Merchant acceptance fees, instant discounts for Consumers, and increased revenue streams for Banks and Credit Unions. Powered by a Merchant and Consumer mobile app and a secure distributed routing system integrated into banking digital cores, the network facilitates quick user onboarding, effortless point-of-sale transactions, and real-time capable payment settlement.
LocalPay revenue & valuation
| Annual revenue | $342,220 |
| Revenue per employee | $86,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Financial Services industry and current estimated revenues | $1,100,000 |
| Total funding | No funding |
Employees by Management Level
Total employees: 1-10
Seniority
Employees
Employees by Department
LocalPay has 1 employees across 1 departments.
Departments
Number of employees
Funding Data
LocalPay has never raised funding before.
United Kingdom
Canada
Germany
Frequently asked questions
4.8
40,000 users
