Total Funding
73
64
Total FundingDebt Financing raised
Growth Score
-12 pts
Heat Score
-3 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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PowerPay is a digital lending platform specializing in low rate financing for sectors like home improvement, healthcare, and solar.
- Michael Petrakis: Founder and CEO
- David Haas: Co-Founder and COO
About the Company
PowerPay is a digital lending platform that connects consumers, contractors, and lenders to facilitate affordable financing for home improvement, healthcare, solar, and recreational vehicle (RV) projects. The company offers unsecured installment loans with terms up to 15 years, providing consumers with low, fixed monthly payments and no prepayment
penalties. PowerPay's platform enables near-instant credit decisions and paperless processing, streamlining the borrowing experience. Contractors benefit from no merchant fees on core loan programs, allowing them to offer competitive pricing to clients.
