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PayByCar, Inc. Completes $4 Million Seed Funding

Boston, MA. (April 26, 2022) – PayByCar, Inc., the mobile payments startup responsible for providing pay-by-text payments at gas stations across Massachusetts, has announced today the completion of a $4 million seed round of funding.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • PayByCar has completed a $4 million seed funding round that will be used to finance the expansion of their services.
  • PayByCar is a fintech startup specializing in pay-by-text solutions so drivers can make purchases from their vehicles without ever having to use cash, credit cards, or mobile apps.
  • PayByCar users can simply pay by confirming a text message when they drive into a participating location, without ever having to open their wallet or touch the fuel dispenser keypad.

Click image above to view full announcement.


About PayByCar 
PayByCar is a leader in making possible in-vehicle contactless payments for connected cars – both new models with state-of-the-art tech, as well as millions of older vehicles.  We start with a simple goal – make in-vehicle payments easy, safe and fast today.  If you have a toll transponder and a smartphone, you’ve got what it takes to join PayByCar now. If you don’t have a transponder, ask for PayByCar’s own non-toll tag instead.  To Learn More Please Visit: https://www.mypaybycar.com/ 

Contacts:

Matt Fitzgerald
781-974-6657
[email protected]

Source: Pay By Car

Distributed by: Reportable, Inc.

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