Payy
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Payy - overview
Established
2022
Location
New York, NY, US
Primary Industry
Software
About
Based in New York, US, and founded in 2022 by CEO Sid Gandhi, and CTO Calum Moore, Polybase Labs, trading under the name Payy operates as a privacy-preserving decentralized database company that provides a decentralized application development platform for web3 developers. In March 2026, Payy raised USD 6 million in seed funding led by new investor FirstMark Capital, with participation from other new investors Robot Ventures and DBA. Other unspecified investors also participated in the round. The company provides tools and a decentralized database that allows users to create decentralized Web3 applications.
The company offers a privacy-preserving decentralized database built on zk-STARKs, which allows users to build and launch apps by combining the characteristics of web2 databases and blockchains. The company will use the March 2026 funding to support its growth and further development of its privacy-focused payments network.
Current Investors
Alumni Ventures Group, Protocol Labs, Inc., CMT Digital
Primary Industry
Software
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.payy.network
Verticals
Blockchain, FinTech
Company Stage
Angel & Seed
Total Amount Raised
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