OFAC Compliance and Why It’s Important

Who is OFAC? The Office of Foreign Assets Control (OFAC) is a division of the U.S Department of the Treasury that supports U.S foreign policy by enforcing sanctions against countries and groups. Entities under U.S sanctions include foreign governments, narcotics traffickers, money laundering culprits and organizations involved in terrorism or the proliferation of weapons of … Read More

Paymerang CARES Distributes Over $35.6 Million in Refunds to Students

“Issuing CARES Act payments to students via Paymerang was a no-brainer when it came to convenience, lower costs, and quality customer service.” -Controller, Goshen College To help our higher education institution clients, Paymerang has provided resources to support the government funded CARES Act. Through our Paymerang CARES program, launched in April 2020, we were able to help our … Read More

Paymerang Named to RTD’s Top Workplaces 2021

Paymerang is honored to be named a Top Workplace in Richmond for 2021.   “We’re humbled by this recognition and take great pride in our company culture and especially in our team members,” said Nasser Chanda, CEO of Paymerang. “Our rapid growth and success within the past year is attributed to the dedication of each of our … Read More

Magnolia Regional Health Center Raves about Paymerang Efficiency

Prelude Software, a leading provider of payment management technology, has partnered with Paymerang, an award-winning accounts payable automation solution. This partnership solution allows hospitals to send their payments directly from their MEDITECH Accounts Payable, through Prelude’s PayPilot solution to Paymerang for payment processing with one click. The Prelude PayPilot Processing Module, in connection with Paymerang’s solution, is now available to … Read More

Paymerang Celebrates Employee Appreciation Week

At Paymerang, our incredible employees are the backbone of our operations and the drivers of our tremendous growth. To celebrate all our teammates for their integrity, grit, passion and positivity, we hosted a week-long Employee Appreciation event!  Each day we held a different event to show our appreciation for our teammates, culminating in an end-of-week … Read More

Paymerang Partners with Prelude Software to Expand Healthcare Portfolio

Prelude’s PayPilot® Payment Processing Module for MEDITECH Expanse now direct-connects to Paymerang Paymerang, a leader in accounts payable automation, announced a new strategic business partnership with Prelude Software, and now is integrated into Prelude’s PayPilot payment processing module.  Prelude’s PayPilot makes it easy for MEDITECH Expanse Hospital clients to use Paymerang for its disbursement. This comprehensive solution allows hospitals to … Read More

Paymerang Certified as an Active RVA Workplace

We are excited to announce that Paymerang has been recognized as an Active RVA Workplace for the second year in a row! The Active Workplace Certification from Sports Backers recognizes organizations in the Richmond region that support their employees to maximize their health and wellness through regular physical activity. 2020 was a challenging year but … Read More

Paymerang Featured in the Richmond Times-Dispatch

Paymerang was recently featured in the Richmond Times-Dispatch after receiving another capital investment to expand their workforce and products. The $10 million investment comes from Aldrich Capital Partners, a Bethesda, Md.-based private equity firm. Aldrich previously invested $26 million in Paymerang in 2018, helping the company add employees and office space. The new capital infusion … Read More

Paymerang Named a Top FinTech Company in Virginia by Daily Finance

Daily Finance has named Paymerang a top FinTech (Financial Technology) company in Virginia. Daily Finance awarded startups and companies for taking a variety of approaches to innovating the FinTech industry. The online publisher noted, “We tried to pick companies across the size spectrum from cutting edge startups to established brands.” These FinTech companies were selected … Read More

Global FinTech Series Interviews Paymerang CEO on Innovation in FinTech

In a recent interview with Global FinTech Series, Paymerang CEO Nasser Chanda discussed why FinTech companies need to keep innovating to address changing business needs and how automation is integral to the better functioning of finance teams. What are some of the biggest trends that you’ve followed as a FinTech executive over these years? One … Read More