Date: 2026-03-17 Stage: Pre-seed | Ask: $2.5M | Sector: FinTech
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NovaPay is building the instant-settlement payment layer for SMBs, replacing 3-5 day ACH delays with real-time payouts. The company has found early PMF with 340 paying customers and $180K MRR growing 22% MoM.
TAM: $120B (US B2B payments). SMB segment underserved by Stripe/Adyen pricing and ACH latency. Real-time payment rails (FedNow, RTP) create a structural window for new entrants.
Elena Vasquez (CEO) brings 8 years at Stripe running merchant onboarding for LATAM — she knows the regulatory and go-to-market motions. James Park (CTO) built Plaid's core data aggregation pipeline and has shipped payments infra at scale.
$180K MRR, 22% MoM growth, 340 active SMBs, <0.3% monthly churn. 3 channel partnerships with accounting software platforms (2.4K pipeline leads).
NovaPay replaces legacy ACH rails with instant settlement for small business. Our API-first stack lets any software product embed payments in under a day. 340 SMB customers, $180K MRR.