Shifting Your Organization to a Growth Mindset

You may have heard the term “growth mindset” used in the workplace in recent years. While the concept itself is not a new idea, there has been a resurgence of the phrase as it applies to modern organizational cultures. The payments industry is evolving rapidly today, with a growing set of electronic payment options that…

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Richmond Times Dispatch Startup Spotlight

Richmond Times Dispatch Startup Spotlight: FinTech firm Paymerang adds people and space Source: Richmond Times Dispatch Paymerang Enrollment Manager, Mary Alice Byrd (center, rear) addresses a staff meeting at the Boulders office park in Chesterfield County. The company’s space is more than double the size of its previous office. After raising $26 million in investments…

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Richmond Inno Article

How Richmond’s Paymerang Found Success Digitizing B2B Payments For many businesses, the work involved in handling supplier payments can be exasperating. Every invoice needs to be recorded, approved, paid and then reconciled, and management of that system can consume hundreds of hours of employee time annually. Nasser Chanda, CEO of Richmond-based fintech company Paymerang, believes…

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Rethinking Checks’ Role In B2B Payments Friction

Rethinking Checks’ Role In B2B Payments Friction Paymerang CEO, Nasser Chanda, recently spoke with PYMNTS about the evolution of B2B payments—in particular, the shift to electronic payments and the continuing role of traditional paper checks. Since our story began in 2010, we’ve had one simple goal in mind: to facilitate electronic supplier payments and make business payments…

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Aldrich Capital Partners Invests $26 million in Paymerang

Today was a red-letter day at Paymerang! At a special event that included Virginia Governor Ralph Northam, we announced that Aldrich Capital Partners made a $26 million growth investment in our company. This investment will help us grow organically and through acquisitions in the Procure-to-Pay space. You can view the full press release here. Governor…

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