Leading financial institution, Esquire Financial Holdings, Inc. (the “Company”), the holding company for Esquire Bank, N.A. (the “Bank”, collectively “Esquire”), known for its innovative approach and commitment to emerging technologies, announced a $6 million investment in Payzli. This strategic investment marks a transformational milestone in Payzli’s journey, injecting vital capital for our growth plans and expansion.
The investment reflects Esquire’s confidence in Payzli’s homegrown, next-generation payment technology and proven track record in the industry. Payzli’s new-age approach, frictionless integrations, business management solutions, mobile marketplace, and web-enablement platform collectively provide a better overall experience and more value to businesses and their customers. This aligns with Esquire’s focus on leveraging technology and investing in FinTechs that align with their overall business strategy.
“After four years of building the right team and creating cutting edge technology, I am proud to share our strategic alignment with Esquire as an investor in Payzli”, shared Arash Izadpanah, Co-Founder and CEO of Payzli. “Their expertise and resources will be invaluable as we expand and grow. This is truly a win-win for both organizations and allows us to leverage our complementary strengths in the areas of FinTech and entrepreneurial, full-service business banking to deliver unique technology solutions across diverse merchant verticals,” remarked Naim Hamdar, Co-Founder and Payzli President.
“This strong and unique strategic partnership with Esquire, combined with our Visa-direct platform, enables Payzli to bring to market best-in-class payment technology and products that will revolutionize the merchant and partner experience. We’re not just scaling our tech, we’re scaling our impact,” added Kapil Pershad, Co-Founder and CTO of Payzli.
“Imagine a world where payments are simple and secure. Where every transaction unlocks new possibilities, fuels growth, and builds a more connected future. This is the world we’re building at Payzli. This is the future of payments,” Mr. Pershad said.
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