Categories: Pitch your Startup

Paynote

Startup Name	Paynote
What problem are you solving?	NA
What is your solution?	Paynote is a bank-to-bank payments platform targeted at freelancers and agencies. As a freelancer I was losing money when I got paid, and many of the contractors I hired asked that I pay their fees on top of what I owed them. That\’s why we have a Basic (Free) plan with a pay-what-you-want system for processing fees. That\’s right, you get to pay whatever you want, including $0. With Paynote, freelancers don\’t have to give clients sensitive banking information, and the client only has to link their bank account using their normal online banking credentials. It\’s simple and easy to use and integrates seamlessly with Freshbooks invoicing. Paynote uses ACH to transfer funds directly to your bank account, no fees, no hassle, just getting paid.
Target Market	BUSINESS
How will you make money?	Pay-what-you-want & $12/month for Premiium
Tell us about the market & founders, why is this a great opportunity?	Justin Mitchell is the founder of Paynote and a freelance design and developer. He has worked for some of the world\’s top startups and companies and even developed a number of his own startups. In 2013, Justin co-founded NXT-ID Inc. and created the Wocket Smart Wallet. NXT-ID is now a publicly traded company on the NASDAQ. Justin now works with his business partner and Paynote board member Maitrik Kataria at their design agency SoFriendly which can be found at http://sofriend.ly.
Founders Names	Justin Mitchell
Founders Email	NA
What type of funding has the company received?	NA
If you have a press kit or image gallery please provide a link (optional)	NA
Website	www.paynote.io
Twitter Handle	SendPaynote