Paypal careers san francisco software#
Paypal careers san francisco series#

Paypal careers san francisco software#

No one will be speaking about SMB financial software integrations in 5-10 years - automated data flows over the Codat platform will be a presumed standard. 'Despite radical advancements in other areas of technology, in 2022 the majority of small business systems still don't speak to each other, creating hours of painful admin and serious barriers to growth.

'Today, we're in the age of 'dial-up' when it comes to business data.' commented Pete Lord, Codat's CEO. The SMBs sharing and syncing data to other systems via Codat's technology have grown on average 2.7 times faster than GDP in 2021. The economic impact of this infrastructure is already proven. In the same way that the internet has changed almost every aspect of how we live and work, Codat's technology will underpin the flow of small business data, giving way to tools, capabilities and opportunities not yet seen or imagined. Codat reports that it now has over 200 clients, including many of the world's largest banks as well as rapidly growing fintechs such as Brex, Jeeves, Pipe and Clover, and a team of 250 people across the UK, North America and Australia.Д¬odat will use the funds to build out their critical infrastructure to be the default means of sharing data for the small business economy.

Paypal careers san francisco series#

The investment comes less than a year after Codat announced a Series B investment round last July led by Tiger Global, alongside American Express and PayPal Ventures.

Whether that's a neobank building a cashflow forecast in their app, or a payment provider enabling merchants to sync transactions with their accounting software, there is a use case for Codat in almost every fintech serving SMBs. Morgan Growth Equity Partners will join Codat's board.Д¬odat's API is used by SaaS, lending and payments companies to build integrated products for their SMB customers. As part of the financing, Patrick McGoldrick, Partner at J.P. Existing investors Index Ventures and PayPal Ventures also participated in the round. Canapi Ventures and Shopify also participated in the round and Plaid has been publicly named as an investor for the first time. NEW YORK, J/PRNewswire/ - Today Codat, the universal API for small business data, announced that it has raised $100 million in a series C investment round led by JP Morgan Growth Equity Partners.