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Radar · Payments in Michigan

Best Payments Companies in Michigan, United States

The 32 best Payments companies in Michigan, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Revolution Money.

32companies tracked
$163.9Mdisclosed funding
0unicorns
11have raised
FLIAR INTELLIGENCE · PAYMENTS × MICHIGAN

Our analysis of 50 Payments companies

$20.7b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
100%cloud-native stacks
2025funding peak (by rounds)
15unicorns
2017median founding year

Ranked: Best Payments companies in Michigan

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Revolution Money
Alternate card payment system
$92M211 mo agoAcquiredJason Hogg
Founder
2007—44 patents
Electronic payment processing and online transaction facilitation systems
—
2CertifID
Fraud detection solution for businesses
50News top 24%Growth top 25%Funding top 28%Talent top 35%
All 10 signals ▾
Newstop 24%
Growthtop 25%
Fundingtop 28%
Talenttop 35%
Moattop 37%
Techtop 40%
Patentsbottom 44%
Innovationbottom 40%
Globalbottom 37%
Marketbottom 29%
News: 6 BI events in 12 mo (of 14 tracked, 3 types) · 2 high-value events (IPO/M&A/funding/contracts) in 12 mo
Growth: Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 50/100
$34M15 mo agoSeries CTyler Adams
Co-Founder & CEO
2007WebflowCart FunctionalitySalesforce+216 patents
Digital identity verification and authentication protocols for secure electronic transactions
—
3fizz
Credit builder debit cards for students
$19M29 mo agoSeedCarlo Kobe
Co-Founder
2021Framer SitesReactTikTok Pixel+15——
4Stratos Card
Decentralized finance platform offering crypto loans, staking, and DeFi solutions
$12M138 mo agoAcquired—2012———
5ISD Corporation
Payment management software and solutions for merchants
$6M239 mo agoAcqui-Hired—1985———
6International Bancard
API-based payment gateway
$1M78 mo agoFunding RaisedDavid Iafrate
Founder
2001———
7Conpoto
Gift card based payment solution
$24K148 mo agoFunding RaisedAndy Bass
Co-Founder & CTO
2011———
8Driven
Fines and fees bill payment platform for individuals
$20K38 mo agoSeedDeAngelo Smith
Founder & CEO
2023—5 patents
Patents concentrated in transport & manufacturing processes
—

Top 12 Payments companies in Michigan

#1
Series C · Grand Rapids, Michigan · founded 2007 · 11 employees
$34.2Mraised
▾

Fraud detection solution for businesses. The solution is used by banks to ensure the identity of the user for payment transfers. The company employs Two-factor authentication, knowledge-based authentication, digital verification, and bank account confirmation for each transfer to prevent fraud.

Fliar Intelligence Index™ 50how this company ranks against its industry peers
News
top 24%
Growth
top 25%
Funding
top 28%
Talent
top 35%
Moat
top 37%
Tech
top 40%
News: 6 BI events in 12 mo (of 14 tracked, 3 types) · 2 high-value events (IPO/M&A/funding/contracts) in 12 mo · Top themes: Leadership, Capital raise, Funding
Growth: Fresh capital in last 24 mo
Funding: Raised $34.2M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) · Last round Series C (Jul 2025)
Audience (LinkedIn): 9k LinkedIn followers — 23.8% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public)
Funding rounds
  • Jul 2025Series C$47.5M
  • Sep 2023Series B$20M
  • May 2022Series A$12.5M
  • Oct 2018Conventional Debt$1.8M
Founders & team
Tyler AdamsCo-Founder & CEOLawrence DuthlerCo-FounderThomas CronkrightCo-Founder
Investors
Arthur Ventures, Wakestream Ventures, Centana Growth Partners, Michigan Capital Network, ID Ventures
Tech stack
Cart FunctionalityCloudflareCloudflare Bot ManagementCookieyesCore-JsFacebook Pixel
#2
Seed · Southfield, Michigan · founded 2021 · 9 employees
$18.5Mraised
▾

Developer of debit card application intended to build credit and earn cash back around campus. The company's application empowers college students to achieve the financial freedom they deserve, and the credit score to secure a better future, providing students with safe ways to build their credit scores.

Founders & team
Carlo KobeCo-FounderScott SCo-Founder
Investors
Kleiner Perkins, SV Angel, Y Combinator, New Era Ventures, Alexandr Wang, Rogue Capital
#3
Acquired · Petersburg, Michigan · founded 2007
$92Mraised
▾

Alternate card payment system

Funding rounds
  • Apr 2009Series C$42M
  • Sep 2007Series C$50M
Founders & team
Jason HoggFounderPatrick GrafCo-Founder & CTO
Investors
Deutsche Bank, Morgan Stanley, Revolution, Citi, Goldman Sachs, USVP
#4
Acquired · Ann Arbor, Michigan · founded 2012
$11.7Mraised
▾

Decentralized finance platform offering crypto loans, staking, and DeFi solutions. This dynamic platform empowers financial freedom through decentralized finance, bringing together DeFi, crypto staking, and crypto loans. It democratizes traditional finance by removing intermediaries, offering transparent, open, and equitable financial services through smart contracts on the blockchain. Users gain control over their assets, increased accessibility, and potential returns through yield farming, liquidity mining, and decentralized exchanges (DEXs). The platform supports a wide range of Proof-of-Stake (PoS) coins, providing insights into potential returns and secure staking practices. Crypto loans offer a fast, secure, and versatile alternative to traditional financing, allowing users to borrow against cryptocurrency holdings without selling assets. The platform provides information on collateral types, interest rates, and repayment terms.

Funding rounds
  • May 2015Conventional Debt$1.3M
  • Feb 2015Series A$5.8M
  • Aug 2013Series A$5.8M
  • Aug 2013Seed—
Investors
Resonant Venture Partners, Hyde Park Venture Partners, Western Technology Investment, Toba Capital, Plug and Play Tech Center, Tappan Hill Ventures
#5
Acqui-Hired · Zeeland, Michigan · founded 1985 · 10 employees
$6Mraised
▾

ISD Corporation provides a suite of products to retailers which consolidate, manage, secure and route all electronic transactions from their point-of-sale systems to third party processors for authorization and settlement. Its software allows POS hardware and software to be taken out of Payment Card Industry (PCI) scope by isolating the POS software from payment processing, managing cardholder data and delivering additional layers of security mandated by PCI Data Security Standards.

Funding rounds
  • Nov 2006Series C—
  • May 2005Series B$6M
  • Sep 2003Series A—
Investors
RC Capital, Nationwide, Prism Capital, Odin Capital, BWB Partners
#6
Funding Raised · Detroit, Michigan · founded 2001 · 54 employees
$1.4Mraised
▾

International Bancard provides API-based payment gateway for businesses. It offers solutions for accepting payment through credit & debit cards, ACH, and gift cards.

Funding rounds
  • Apr 2020Conventional Debt$1.4M
Founders & team
David IafrateFounder
Tech stack
WordpressMysqlPhpWp EngineCloudflareHttp/3
#7
Seed · Farmington Hills, Michigan · founded 2023
$20Kraised
▾

Fines and fees bill payment platform for individuals. Financial platform designed to help with relieving tickets and traffic issues. Provides robust payment platform that eliminates the friction to pay fines and fees with flexible payment options.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 497 LinkedIn followers
Activity: 1 partnerships (incl. Driven) announced in 12 mo
Funding rounds
  • Aug 2023Seed$20K
Founders & team
DeAngelo SmithFounder & CEO
Investors
Techstars, Gener8tor, ID Ventures, Michigan Founders Fund, Village Capital
#8
Funding Raised · Holland, Michigan · founded 2011 · 2 employees
$23.6Kraised
▾

Conpoto offers small business and the local communities with gift cards that can be used by their customers for purchases in all the community stores. It also offers a cloud-based community software for managing the gift cards. Customers of small business can purchase the gift cards online and start using that card at all the community stores which are applicable under that card. Businesses can get real-time access to all data related to the program like who is buying, who is redeeming, which merchants are seeing the greatest value, and how much currency is still available in the community to spend, etc.

Funding rounds
  • Jun 2014Grant (prize money)$23.6K
Founders & team
Andy BassCo-Founder & CTO
Investors
Start Garden, Wakestream Ventures
Tech stack
WordpressMysqlPhpHestiaBootstrapEssential Addons For Elementor
#9
Late Stage · Novi, Michigan · founded 2010 · 152 employees
—raised
▾

Payment facilitation solutions for businesses

Funding rounds
  • Mar 2025PE—
  • Dec 2019PE—
Investors
Lovell Minnick Partners, Audax Private Equity
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesAosApache Http Server
#10
Series A · Ann Arbor, Michigan · founded 2011 · 5 employees
—raised
▾

Provider of prepaid card for employee financial benefits. It enables businesses to provide payroll cards, virtual cards, rechargeable prepaid cards to employees, and more. It also offers solutions for cryptocurrency exchange, banking, wallets, payment gateways, and more.

Funding rounds
  • Sep 2020Series A—
Investors
Sky7Ventures
#11
Series A · Detroit, Michigan · founded 2005 · 4 employees
—raised
▾

It's My Michigan is a card-based cashback platform. The user must create an account on the platform to link his/her credit/debit card. The user gets cashback on the cards for availing offers by purchasing through the linked card.

Funding rounds
  • Jul 2015Series A—
Founders & team
Patrick KaiserFounder & CEO
Investors
Envy Capital
Tech stack
Apache Http ServerGoogle Font Api
#12
Deadpooled · Grand Rapids, Michigan · founded 2010 · 13 employees
—raised
▾

Provider of electronic check payment services. The company develops an online payment enablement platform that enables users to send and receive a payment electronically through the internet.

Funding rounds
  • May 2013Seed—
Founders & team
Dean TribbleCo-Founder & CTO
Investors
Start Garden, Deluxe corporation
Tech stack
Nginx

Funding & investor landscape

$163.9Mtotal disclosed funding
8companies funded
16disclosed rounds
0rounds last 90 days
Most active investors
ID Ventures2 rounds
Start Garden2 rounds
Wakestream Ventures2 rounds
Alexandr Wang1 rounds
Arthur Ventures1 rounds
Audax Private Equity1 rounds
BWB Partners1 rounds
Bolder Capital1 rounds
Centana Growth Partners1 rounds
Citi1 rounds

Notable founders

Tyler Adams
Co-Founder & CEO · CertifID
Lawrence Duthler
Co-Founder · CertifID
Carlo Kobe
Co-Founder · fizz
Scott S
Co-Founder · fizz
Jason Hogg
Founder · Revolution Money
Patrick Graf
Co-Founder & CTO · Revolution Money
David Iafrate
Founder · International Bancard
DeAngelo Smith
Founder & CEO · Driven
Andy Bass
Co-Founder & CTO · Conpoto
Patrick Kaiser
Founder & CEO · It's My Michigan
Dean Tribble
Co-Founder & CTO · VerifyValid
Prism market signals · United States · country-scoped Prism corpus, 1,750,783 docs

Market landscape — 10 sub-themes by coverage

Share of Payments coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH FROM Michigan · institutions

What Michigan researches in digital payments

38 papersstance +0.206% breakthrough41% concern
breakthrough · advancement · concern
local research themes
Digital Platforms and EconomicsTechnology Adoption and User BehaviourFinTech, Crowdfunding, Digital FinanceICT Impact and PoliciesPrivacy, Security, and Data ProtectionBlockchain Technology Applications and Security
top institutions
  • University of Michigan–Ann Arbor17
  • Michigan State University8
  • University of Michigan5
  • Western Michigan University4
  • Central Michigan University2

Common questions

How many Payments companies are there in Michigan, United States?
Radar tracks 32 indexable Payments companies headquartered in Michigan, United States that meet our profile-completeness bar.
What is the total funding raised by Payments companies in Michigan, United States?
The Payments companies in Michigan, United States on this list have raised a combined $163.9M in disclosed equity funding across 8 funded companies.
Which is the highest-funded Payments company in Michigan, United States?
Revolution Money is the highest-funded Payments company in Michigan, United States, with $92M in disclosed equity funding.
How many Payments companies in Michigan, United States are funded?
8 of the 32 Payments companies in Michigan, United States on this list have disclosed at least one equity funding round.
How many Payments unicorns are there in Michigan, United States?
None of the Payments companies in Michigan, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Michigan, United States Payments companies?
The most active investors in Michigan, United States Payments companies on this list include ID Ventures, Start Garden, Wakestream Ventures, Alexandr Wang, Arthur Ventures.
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