PayByGroup is a group payment platform where no single person is on the hook for purchases like vacation rentals, concert tickets, sporting events, and other group activities.
We integrate directly with merchants as a checkout experience and employ a Kickstarter model where a minimum number of people have to buy in for everyone's payments to go through.
Merchants can track, manage, and approve purchases using an administrative dashboard.
PayByGroup is a 500 Startups accelerator alum.
The company was founded by Camilo Acosta and Frank Langston, who originally met as freshmen at Princeton University in 2003.
Funding Rounds (2) - $150kUpdate
880 Harrison Street
San Francisco, CA 94107
- 09/25/12 -techcrunch.com