Companies · Fintech

Butter Payments, Inc.

SAN FRANCISCO · Fintech · refined from filed group “Other

Diligence memoA one-page analyst read on Butter Payments, Inc. — recommendation, valuation, rhythm, risks.
$27.5M
Total raised · real
1
Rounds
Latest step-up
Top 7%
Sector rank · raised
Series B
Latest stage · inferred · Wed Dec 07 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Butter Payments, Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the fintech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.32× the median modeled value of Series B Fintech companies in 2022–2024 (14 peers) — value vs value, same stage and era.
  • Within the normal band (132% of peer median) for its niche.
Dormant
  • Last raise 3.6 yr ago; this sector typically re-raises about every 12 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Fintech

Butter Payments, Inc. is one of 1063 Fintech companies tracked from SAN FRANCISCO. By capital raised it ranks among the largest (ahead of 94% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

fintech

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
6
Investors (latest)
2020
Year incorporated
2022-12-07
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeries B · 2022-12-07 Raised $27M (real) Modeled valuation $360M (est)$27M$360MSeries B2022

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series B$27.5M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$360.5M
Base estimate est.
$66.0M
Conservative case
$870.9M
Upside case
$152.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
65%
Survival probability
43% low · 80% high
1.43×/yr
Annual markup
1.74×/yr upside case
3.6 yr
Elapsed time used
3.6 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
3.6 yr
On record since
2022
First round
1
Rounds on file
How it compares to the market

Benchmarked against 1063 companies in Fintech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 6.4× above median
This company$27.5M
Sector median$4.3M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.4× above median
This company$27.5M
Sector median$20.0M
Modeled value — vs sector median (estimate, all stages) 8.0× above median
This company$360.5M
Sector median$45.1M

Raised more than 94% of sector peers (real $). Modeled value above 95% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #4 of 14.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)PayMongo Inc. · Series B Raised $45.8M · modeled $539.1M (est)Treasury Prime Inc. · Series B Raised $54.1M · modeled $490.9M (est)Advisor Credit Exchange, LLC · Series B Raised $31.3M · modeled $364.3M (est)Apto Payments, Inc. · Series B Raised $27.2M · modeled $357.9M (est)Nomba · Series B Raised $30.0M · modeled $340.2M (est)Forward Lending, Inc. · Series B Raised $55.8M · modeled $293.5M (est)Mozaic Payments, Inc. · Series B Raised $25.6M · modeled $250.9M (est)PayAll Payment Systems, Inc. · Series B Raised $17.2M · modeled $241.1M (est)Wealth, Inc./AZ · Series B Raised $29.1M · modeled $202.0M (est)Formance, Inc. · Series B Raised $25.1M · modeled $116.4M (est)Female Invest Inc. · Series B Raised $15.8M · modeled $115.8M (est)Butter Payments, Inc. (this company) Raised $27.5M · modeled $360.5M (est)Butter Payments, Inc.
CompanyStageRaised · realValue · estvs peer med.
PayMongo Inc.Series B$45.8M$539.1M1.98×
Treasury Prime Inc.Series B$54.1M$490.9M1.80×
Advisor Credit Exchange, LLCSeries B$31.3M$364.3M1.34×
Butter Payments, Inc. this companySeries B$27.5M$360.5M1.32×
Apto Payments, Inc.Series B$27.2M$357.9M1.31×
NombaSeries B$30.0M$340.2M1.25×
Forward Lending, Inc.Series B$55.8M$293.5M1.08×
Mozaic Payments, Inc.Series B$25.6M$250.9M0.92×
PayAll Payment Systems, Inc.Series B$17.2M$241.1M0.89×
Wealth, Inc./AZSeries B$29.1M$202.0M0.74×
Formance, Inc.Series B$25.1M$116.4M0.43×
Female Invest Inc.Series B$15.8M$115.8M0.43×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series B$27.5M2022-12-07$152.8M$360.5M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series B$27.5M2022-12-07
    • First recorded raise — entered as Series B.
    • 6 investors on this round.
Intelligence
Modeled next raise
$44.0M
Modeled next size est.range $28.6M$70.4M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Jack Abraham7 other2022-12
Edward Yip2 other2022-12
Chester Ng1 other2022-12
Vijay Menon2022-12
Registry & provenance

Butter Payments, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1959723
SEC CIK
2020
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Raydiant, Inc.OtherSeries B$20.5M$2.5Mnetwork2 shared operators · same stage
SafetyKit, Inc.FintechSeries B$27.2M$155.5Msame sector · same stage
Apto Payments, Inc.FintechSeries B$27.2M$357.9Msame sector · same stage
Aside, Inc.FintechSeries B$29.0M$35.4Msame sector · same stage
Wealth, Inc./AZFintechSeries B$29.1M$202.0Msame sector · same stage
Mozaic Payments, Inc.FintechSeries B$25.6M$250.9Msame sector · same stage
NombaFintechSeries B$30.0M$340.2Msame sector · same stage
Formance, Inc.FintechSeries B$25.1M$116.4Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Imprint Payments, Inc.FintechSeries A$324.3M85%
Mobie Payments, Inc.FintechSeed$47.0M83%
Amino Payments, Inc.FintechSeries A$129.0M83%
Innovative Payment Solutions, Inc.FintechSeries A$97.5M82%
Hash Payments Holding, Ltd.FintechSeries A$128.7M82%
LFG Payments, Inc.FintechSeries A$57.2M82%
Payment Reservations, Inc.FintechSeries A$143.4M81%
Warren Payments, Inc.FintechSeries B$720.4M81%
Frequently asked
How much funding has Butter Payments, Inc. raised?
Butter Payments, Inc. has raised approximately $27.5M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Butter Payments, Inc.'s estimated valuation?
Provath's modeled valuation for Butter Payments, Inc. is approximately $360.5M (modeled range $66.0M–$870.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Butter Payments, Inc. at?
Butter Payments, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Wed Dec 07.
What does Butter Payments, Inc. do and where is it based?
Butter Payments, Inc. operates in the Fintech sector, based in SAN FRANCISCO.
Explore related

See where Butter Payments, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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