Startup profile · funding coverage

PayIt

Digital government services and payments platform for agencies and residents.

Stage

growth

Status

private

Coverage

full

Overview

PayIt modernizes how governments collect payments and deliver digital services to residents across web and mobile. Founded by John Thomson and headquartered in Kansas City, MO, the company announced a $90 million growth investment from Macquarie Capital Principal Finance in August 2022; Macquarie directors joined the board alongside Insight Partners and Weatherford Capital. Modules span motor vehicle, taxes, courts, utilities, and related agency workflows.

Why PayIt is interesting

Kansas City govtech scale-up that closed a $90M growth investment (Aug 2022) from Macquarie Capital Principal Finance, with Insight Partners on the board — consumer-grade payments for motor vehicle, taxes, courts, and utilities.

Product & use cases

Cloud platform purpose-built for public-sector digital payments and resident services across major agency domains.

DMV / motor vehicle digital payments
Tax, court, and utility bill pay
Resident self-service portals for cities and counties

Key facts

Growth investment (Aug 2022): $90M from Macquarie Capital Principal Finance (PayIt / FinSMEs)
Board includes Macquarie directors alongside Insight Partners and Weatherford Capital
GovTech100 multi-year recognition cited at raise
Kansas City, MO HQ

Fundraising history

Growth

2022-08 $90M

Macquarie Capital Principal Finance (lead)
Insight Partners (participant)
Weatherford Capital (participant)

Source: https://payitgov.com/news/payit-announces-90m-growth-investment-from-macquarie-capital-principal-finance/

Investors in our directory

Funds linked from PayIt's profile — open a fund page for stage focus and related deal articles.

Insight Partners

Competitive landscape

Edge: Public-sector-native payments and services stack with large growth capital for multi-state expansion.

NIC / Tyler Technologies incumbent

Legacy government digital services.
ACI Worldwide / payment processors adjacent

Payments rails without full gov UX.
In-house agency portals alternative

Custom builds still common.

Industries

Enterprise SaaS Fintech

FAQs about PayIt

Practical answers founders, operators, and investors typically search for.

Digital government services and payments for agencies and residents.

Kansas City, MO.

$90M growth investment from Macquarie Capital Principal Finance (August 2022).

Insight Partners and Weatherford Capital are on the board alongside Macquarie directors.

No — private as of July 2026.