PayFina careers

PayFina was built on the idea that consumers with non-prime credit are often left behind and deserve better payment options for unexpected essential services like emergency dental work, medical procedures, veterinary care, and automotive repair.

Roughly 40% of Americans have non-prime credit and many struggle to pay for unexpected essential services that impact their quality of life. PayFina's world-class technology platform generates a quick and robust picture of each applicant’s risk profile, filling the underserved gap between prime and subprime lending with more affordable and transparent financing options.

PayFina's solution covers the entire non-prime spectrum of FICO® scores from 700 down to 400 with financing terms that fit the applicant's unique credit profile. In addition, all contracts include a consumer friendly 100-day early payoff promotion and a free financial wellness program to empower them to improve their credit score. PayFina’s credit and pricing policies provide the best possible experience to both consumers and merchants/providers.

PayFina’s management team includes fintech executives in the roles of sales, credit, compliance and technology, each with extensive regulatory, POS and healthcare financing experience.

To date, PayFina's founders have invested approximately $1M to prepare the company to launch originations. PayFina has two complimentary senior and unitranche financing term sheets totaling $70M that will provide the necessary debt financing for the loans that are generated. PayFina is seeking to raise a total of $5-6M in equity to cover operating expenses and 70%+ will be used to fund consumer loans by supporting our subordinated debt requirements for our institutional lines of credit.