Posts Tagged ‘PayIt’
PayIt co-founder: No one-size-fits-all formula for scaling one of KC biggest startup ideas
Mike Plunkett’s journey with PayIt came to an early, but critical crossroads when a wealthy entrepreneur offered half-million dollars to support the Kansas City-built govtech venture, he recalled. The catch: this investor insisted on imposing control and veto power as they committed more funds. Despite being low on funds, the PayIt team — led by…
Read MoreKC ranks No. 11 among Midwest startup cities, holding its spot thanks to funding wins amid VC slowdown
A healthy dose of recent funding events kept Kansas City in the No. 11 spot in the 2023 edition of M25’s annual ranking of Midwest startup cities, said Victor Gutwein, founder and managing partner at M25. The comprehensive report explores how metropolitan areas across the Midwest are performing relative to each other based on startup…
Read MorePayIt goes outdoors, acquiring sportsman tech startup, Nashville hub for its expanded footprint
A newly announced deal to acquire Nashville-based conservation tech provider Sovereign Sportsman Solutions (S3) is expected to expand PayIt’s govtech solutions into the world of outdoor recreation — making it easier for hunting, fishing and boating enthusiasts to obtain needed licenses and permits. The strategic acquisition — subject to customary closing conditions and set to…
Read More‘Perfect is the enemy of progress’: KC founders say the right time for entrepreneurship is now — even if mistakes are inevitable
Early in John Thomson’s entrepreneurial journey, the PayIt co-founder realized no one had all the answers, he shared; and anyone who waits until they feel comfortable enough to start a business will be waiting forever. “We’re all imperfect, certainly fallible. You’ve got to keep going and not worry about perfect. Perfect is the enemy of…
Read MoreROI from PayIt’s recent $90M investment displays value of MTC’s early support, agency says
Marquee successes for two Show Me state companies — including a massive funding round for one rapidly growing Kansas City govtech scaleup — show the value of Missouri Technology Corporation’s early stage investment programs, said state and agency officials Thursday. A key example, they touted: PayIt, a SaaS platform that simplifies interactions between government agencies and…
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