Two Serra Companies Evisort and Paystand Make the Deloitte Technology Fast 500 2023 List

November brought the 29th year of Deloitte honoring companies through their list “ Deloitte Technology Fast 500". This list honors the most innovative and fastest-growing companies across North America. The program recognizes the passion and dedication it takes to be an industry disrupter across the technology, media, telecommunications, life sciences, fintech, and energy tech sectors. And by joining this elite group, companies can receive increased visibility, brand recognition, and growth opportunities.

Serra is excited to have two of our portfolio companies - Evisort and Paystand on this list, at number 53 and 210 out of 500. To view the complete list, follow here.

Three Serra Companies Featured on Inc 5000 List

Inc Magazine releases an annual list of the fastest growing companies in America, and the team at Serra was very pleased to have three companies represented on this years list. Inc says this about the list this year: “$358 billion in 2022 revenue. 1,187,266 jobs created. And 5,000 examples of how to scale your business. Nowhere else will you find a list of companies with a greater impact on the U.S. economy.”

Paystand, the B2B platform payments company, has been featured on this list for the past 5 years in a row! They came in at #882.

Evisort, the AI contracts company, came in at an impressive #178.

Colorfil (the product made by Serionix), the company that makes color-shifting air filters, came in at #752.

To view the full list, follow here.

Paystand CEO Named 2023 EY Bay Area Entrepreneur Of The Year Award Finalist

Jeremy Almond, CEO of Serra company Paystand, the leading blockchain-enabled B2B payment network, was named an Ernst and Young (EY) Entrepreneur of the Year 2023 Award Finalist. 37 years running, EY is one of the preeminent competitive business awards for transformative entrepreneurs and leaders of high-growth companies who are building a more equitable, sustainable and prosperous world for all.

"I'm proud of the progress we have made since our early days, with more than 600,000 businesses making payments over the Paystand Network," said Almond. "Paystand is driving forward innovation in the B2B payment sector, helping businesses scale without limits and contributing to a thriving economy designed to benefit all who participate within it. Being named an EY Finalist is a gratifying confirmation of the years of work."

Paystand is a Serra Capital II and Serra Capital II Follow-On-Fund company.

Three Serra companies named to Inc. 5000 Fastest-Growing Company List

In the month of August, Serra companies Built In Chicago, Wrapify, and Paystand, were all named to the prestigious Inc 5000 list which recognizes the country’s fastest growing companies. This is the third time both Paystand and Wrapify have made the list in recent years. The team at Serra is proud to have these companies recognized for their growth, especially in light of the recent economic state.

The complete results of the Inc. 5000, including company profiles, can be found at www.inc.com/inc5000.

Paystand Acquires Yaydoo

Paystand, the company that is changing B2B payments with a modern infrastructure built on SaaS, announced this week that it had acquired Yaydoo, one of Mexico’s 100 fastest growing startups. The acquisition comes amidst general economic uncertainty and a downcast Fintech environment, opening up a horizon of hope and opportunity, not only for other tech startups but also for Latin American businesses.

Jeremy Almond, CEO of Paystand shared “There is a significant market opportunity in front of Paystand and Yaydoo. With its scale, the combined company could be on a path to an Initial Public Offering (“IPO”) in the next 2 years, re-opening IPO capital access to the tech sector that is struggling in a recession-prone environment.”

Paystand Delivers First Business Expense Card With Rewards Paid out Exclusively in Cryptocurrency

Paystand, a Serra Capital portfolio company and the leader in blockchain-enabled B2B payments, announced this week the first ever business expense card with native crypto rewards. Called the DeFi Corporate Card, it offers instant provisioning of virtual and physical cards, advanced spend controls, and real-time expense reporting alongside bitcoin rewards.

PayStand is a next generation payment & eCommerce checkout system that enables any organization to receive money in their website, social network, or web application without transaction costs. They are the first multi-payment gateway that accepts credit cards (Visa/MasterCard/ Amex/Discover), eCheck (ACH/Dwolla), and eCash (Bitcoins) with 0% transaction fees.

Paystand Puts Crypto on Its Balance Sheet, Setting a New Standard for B2B SaaS Operations

Paystand – the leader in blockchain-enabled B2B payments – today announced it has been purchasing Bitcoin (BTC) and Ether (ETH) on its balance sheet. This move marks a significant milestone for B2B SaaS companies and further legitimizes the emergence of cryptocurrency as a viable balance sheet asset. Paystand’s decision to accumulate and hold crypto underscores the company’s belief in the long-term value of digital currency and that owning DeFi assets will soon become essential for businesses in the 2020s and beyond.

"Blockchain technology is one of the best bets a company can make in the 2020s and within that, crypto has become an emerging opportunity to strengthen the corporate balance sheet and better manage capital preservation against external volatility in the fiat money supply," said Jeremy Almond, Paystand’s CEO. “Blockchain and digital currencies are uniquely positioned to transform corporate treasury and revolutionize how companies function at the root level. Just as cloud computing transformed the way companies were run in the early 2000s, blockchain will help businesses unlock newfound potential when it comes to scalability, growth, and revenue.”

Paystand is a Serra Capital II and Serra Capital II Follow-on-Fund company. To read the entire article, follow here.

Paystand Makes Inc. 5000 Fastest Growing Private Companies in America List

Paystand, a Serra Capital II and Serra Capital II Follow-On-Company has had an exception year, even in the midst of a global pandemic. Paystand, the blockchain-enabled payment network for business, recently announced another year of record-setting growth, with payment volume over its network accelerating past $2B.

Just this month, Paystand made the Inc. 5000 list for the second year in a row, which means they are continuously ranked among the nation’s fastest-growing companies. Paystand continues to make partnerships of note - this month they have collaborated with Sage on instant B2B payments. Sage is the market leader in cloud business management systems. 

To learn more about Paystand, click here.