PayZenPayZen

PayZen

PayZen fights healthcare inequity by addressing affordability at the point of payment. Our platform uses Affordability Financing to create a more positive customer experience that gives patients zero-cost options to help them manage medical bills.

With PayZen, medical providers experience a fintech platform that embeds with existing revenue cycle solutions, and requires no additional staff to operate. Providers benefit from non-recourse and recourse cash flow acceleration, and a 30–50% collections rate increase.

Why does the healthcare industry need Affordability Financing? Half of Americans carry medical debt, and most patients can’t even afford a $400 emergency expense. We need more equitable solutions that disrupt the industry and improve peoples’ lives.

PayZen’s goal is to make healthcare affordable to 100% of patients and providers through Affordability Financing. Our team is dedicated to this mission, and we’re carrying it out thanks to top investors who believe in what we do. Together, we’re building a better healthcare industry.
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Details

Fintech category
Insurance
Personal Finance
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Operating Status
Active
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Number of employees
45
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Year founded
2019
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Business model
B2B
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URL
http://www.payzen.com/
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Partners & Technology

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Network processor
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Financials

Series round
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Source of capital (Investors)
7wire Ventures
Link Ventures
Picus Capital
SignalFire
Viola Ventures
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