#13 Fastest-Growing Company in LA

Payscout, a Sherman Oaks, CA-based payments innovation company, has been honored as the #13 Fastest-Growing Company in LA by the Los Angeles Business Journal.  This is Payscout’s third-consecutive year on the list.  Payscout has been among the fastest-growing, privately held companies in Los Angeles for three consecutive years.  The Los Angeles Business Journal’s annual fastest-growing list featured Payscout at #13 in LA for 2017.  This is a remarkable achievement, not only because of the challenges associated with maintaining triple-digit percentage growth year-over-year, but also because of the setting in which it was accomplished.  Los Angeles is among the most desirable and fastest-growing parts of the world for tech-based companies.  Silicon Beach, the Westside region of LA that stretches from LAX to the Santa Monica Mountains, is home to over 500 tech startup companies.  As a payments innovation company, Payscout’s exponential growth can be attributed to five layers of innovation:

Culture: Payscout’s Award-Winning Culture has been ranked #17 among Medium-Sized Businesses by Entrepreneur Magazine, and #1 among Financial Services companies

Global/Alternative Payments: The Payscout “Go Global Now” technology platform provides one integration point for merchants to access 100+ countries, billions of consumers, and trillions of dollars;

VR/XR/New Acceptance: Payscout is the first company in the world to execute live payment transactions tied to the fulfillment of physical goods in virtual reality

Security: Our best-in-class fraud solution, Gumshoe, is a flexible fraud and risk middleware solution that delivers comprehensive KYC and risk mitigation in a stand-alone monitoring and management tool

Regulation: Payscout actively engages with regulatory stakeholders to drive innovative Regulatory Technology (RegTech) solutions reflected in policies, processes, and systems.

Topics: Global eCommerce, Credit and Debit Card Processing, Growth

Efficient Payments for ARM

Payscout specializes in providing best-in-class payment processing solutions for the accounts receivable management (ARM) industry. These solutions have helped Payscout’s top ARM clients grow more than 33% year-over-year.  Payscout, a leading payments innovation company, provides solutions that power entrepreneurs in a myriad of industries, from retail, non-profit, money services businesses (MSB), and even marketplaces.  One of the verticals in which Payscout’s partners thrive is the accounts receivable management (ARM) industry.  Accounts receivable, as a whole, plays a critical role in a credit-based economy.  The entrepreneurs who support the system provide reliable, efficient payment mechanisms to enable frictionless debt payments.  The reason Payscout’s ARM partners thrive is because their technological solutions are built on Integrity and Trust, Reliability, and Innovation.  In the ARM space, innovation enables more efficient payments, and as a market-leader in innovative payment solutions, it’s no surprise Payscout’s partners continue to thrive.  Payscout’s helping their top partners in the ARM space grow by over 33% a year.  Are you ready for that kind of growth?

Contact Payscout today for your free rate analysis and to learn more about our ARM solutions!

Topics: Global eCommerce, Credit and Debit Card Processing, ARM

Jefferson Awards Foundation SIA Training at UCLA

Payscout partnered with the Jefferson Awards Foundation (JAF) and UCLA to provide leadership training to nearly 140 future leaders from middle and high-school students across the greater Los Angeles area.

As part of the Jefferson Awards Foundation (JAF) Students In Action (SIA) Fall Training program, more than 140 students from middle and high-schools across the greater LA region gathered at UCLA to learn leadership skills and training from local business leaders and entrepreneurs.  This was the first time that the training took place at UCLA.

Payscout Chief Operating Officer (and UCLA alumnus) Juan Sotelo and JAF SIA Regional Program Manager Jackeline Muñoz helped forge the partnership between JAF and UCLA.  In addition to serving as the host site (for all SIA Training sessions for the 2017-2018 school year), several UCLA Sharpe Fellows trained with JAF Globechanger National Director Elizabeth Kennedy, to provide support for the students.

2017 marks the third year of the SIA program in Los Angeles.  Track 2 training was also offered for students who had previously participated in SIA.  The programming for Track 2 featured speakers on Media & Press (George Smith – Payscout); Proposal Writing (Olivia Jamgotchian – Capital Group); My Big Idea (Juan Sotelo – Payscout); and Fundraising (Cynthia Scott – UCLA).   Several employees from the Payscout office volunteered their time, as well, assisting with registration, tech setup, breakfast/lunch coordination, photography and videography.  Students were also treated to a visit by UCLA Mascot, Joe Bruin and an opportunity to enjoy different aspects of the Alumni Center.  The day was an overwhelming success.

Payscout is a proud Champion of the Jefferson Awards Foundation and a supporter of the UCLA Chancellor’s Centennial Campaign.  Participation in these programs supports our Belief, that every individual has a social responsibility to make the world a better place.

Topics: Community Service, Jefferson Awards, JAF, UCLA, UCLA Alumni, Payscout

San Fernando Valley Business Journal: Payscout #3 Fastest-Growing Company

Payscout, a Sherman Oaks, CA-based payments innovation company, has been honored as the #3 Fastest-Growing Company in 2017 by the San Fernando Valley Business Journal.  This is Payscout’s third-consecutive year on the list.

Paysout has been among the fastest-growing, privately held companies in the San Fernando Valley for three consecutive years.

The announcement of Payscout’s 2017 top-three ranking came during the San Fernando Valley Business Journal’s “50 Fastest-Growing Companies” event at the El Caballero Country Club in Tarzana.

Payscout’s exponential year-over-year growth is fueled in part by Payscout’s five layers of innovation:

  1. Culture: Payscout’s Award-Winning Culture, built on Integrity & Trust, has been ranked #17 among Medium-Sized Businesses by Entrepreneur Magazine, and #1 among Financial Services companies.
  2. Global/Alternative Payments: The Payscout “Go Global Now” technology platform provides one integration point for merchants to access 100+ countries, billions of consumers, and trillions of dollars.
  3. VR/XR/New Acceptance: Payscout is the first company in the world to execute live payment transactions tied to the fulfillment of physical goods in virtual reality.
  4. Security: Our best-in-class fraud solution, Gumshoe, is a flexible fraud and risk middleware solution that delivers comprehensive KYC and risk mitigation in a stand-alone monitoring and management tool.
  5. Regulation: Payscout actively engages with regulatory stakeholders to drive innovative Regulatory Technology (RegTech) solutions reflected in our policies, processes and systems.