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Promise Receives $20M Series A Round

2021-02-18
OAKLAND, CA, Payment technology platform, Promise, has announced over $20 Million in new Series A funding.
Payment technology platform, Promise, has announced over $20 Million in new Series A funding to bring antiquated government payment systems into the 21st century. The modern payment solution helps residents navigate government payments like utilities, child support, parking tickets, and more with dignity and ease by making customizable plans and digital payment options available. This round is led by Kapor Capital and XYZ, with additional funding coming from Bronze, First Round, Y Combinator, and more.

PromisePay provides a modern payment platform built for government. We transformed the inconvenient and time-consuming process of paying down government debt into something that any resident can use. PromisePay is easy to use on mobile devices, offering all payment methods, in the languages residents speak, and broken down into easier payment plans. We have a team working 24/7 to talk to residents and help them make their payments. This means residents pay off debt faster, government gets more revenue, and government works better for everyone.
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