About Payfave
Payfave is a private company based in Plano, Texas, incorporated in 2021 in Texas. It has reported $7,609,400 raised in two offerings on Form D since February 2022. Its chief executive is Deepak Jain.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Dec 23, 2022 | Jan 9, 2023amended Jul 26, 2024 | $5,859,400of $7.0M target | 20 | $292K | EquityRule 506(b) | Form D/A ↗1 earlier filing |
| Jan 19, 2022 | Feb 3, 2022 | $1,750,000fully sold | 21 | $83,333 | DebtRule 506(b) | Form D ↗ |
| Total, two offerings | $7,609,400 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Payfave's Form D filed Jul 26, 2024.
DJ
Deepak Jain
Chief Executive Officer and director
RA
Ritesh Agarwal
Director