Fenwick & West LLP represented PayNearMe, Inc., the cash transaction network that enables consumers to pay rent, repay loans, buy tickets, make online purchases and much more with cash, in its recently announced $20 million Series E financing. The round was led by GSV Capital, with participation from previous investors August Capital, Maveron, True Ventures and Khosla Ventures.
The additional funding will be used towards helping the company move deeper in various sectors, including e-commerce, direct selling, banking and healthcare. More information about PayNearMe’s $20M Series E financing can be obtained from the company press release.
The Fenwick transaction team was led by corporate partner Sayre Stevick; and corporate associates Faisal Rashid and Liza Kostinskaya.