We are live with companies in debt collection and lending operating on tens of millions of dollars each month, compliantly.

TL;DR: If you are in insurance, lending, mortgage, debt collection, money transmission, digital assets, or one of the many regulated verticals that make up trillions of dollars of economic activity, you need licenses to operate. Payna helps companies get licensed faster, stay licensed across all 50 states, and navigate the hundreds of overlapping requirements, renewals, and filings that otherwise slow growth.

https://youtu.be/dftJNpoBPk8

The Problem:

Companies that touch any surface area across lending, mortgage, insurance, debt collection, money transmission, digital assets, and other regulated verticals often need licenses to operate in each state. So getting operational across all 50 states usually means either hiring expensive paper pushing firms or manually coordinating filings across dozens of systems .

Even after filing, companies need dedicated teams or counsels to monitor different renewal schedules by state, including annual, quarterly, monthly, odd year, and even year cycles, while also filing ongoing amendments, reports, deficiency responses, and rule changes after approval.

The Solution:

Since going live a few weeks ago we've already:

1. Helped a company file required debt collection licenses across multiple states in record speed, organizing forms, evidence, and regulator requirements into a structured workflow.
2. Automatically compiled licensing checklists, renewal reports, communications, and regulatory obligations across jurisdictions, so teams know exactly what filings, renewals, and maintenance duties are coming next.
3. Monitored regulatory updates and surfaced upcoming rule changes early, giving companies time to respond before new requirements become compliance issues.
4. Signed six figures in annual contract, reflecting how painful licensing and compliance operations are for companies trying to launch in new states, operate securely, and protect revenue without hiring large compliance teams or relying on slow firms charging massive billable hours.

What We're Looking For:

If you know any Chief Compliance Officers, Heads of Compliance, General Counsel, Operations Leaders, or Founders at companies in debt collection, lending, mortgage, insurance, money transmission, digital assets, or other regulated industries that need help getting licensed across jurisdictions and managing ongoing compliance, we would love to talk at founders@payna.com!

The Team:

We are from UC Berkeley, with deep experience in AI and crypto. We met in Blockchain at Berkeley, and our last venture as a crypto lending company ran directly into the licensing wall, which is why we decided to solve this problem ourselves.

Aaron, CEO previously worked as a product engineer at an a16z crypto backed DeFi startup and saw firsthand how licensing bottlenecks delayed launches for months.

He, CTO built products across early stage fintech and crypto and got tired of watching founders wait 12 months for permission to launch something they built in 12 weeks.