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Payscape
Best of Bootstrapping: Bootstrapped a Credit Card Processing Business to Exit
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Payscape CEO Adam Bloomston had scaled a very simple business diligently and systematically when we spoke in 2014. Have a look at how. Payscape was acquired by Payroc in 2019. Sramana Mitra: I want to go to the very beginning of your personal story, where are
Best of Bootstrapping: Bootstrapped Credit Card Processing Business Payscape
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Payscape CEO Adam Bloomston had scaled a very simple business diligently and systematically when we spoke in 2014. Have a look at how. Payscape was acquired by Payroc in 2019. Sramana Mitra: I want to go to the very beginning of your personal story, where are
Bootstrapping a Credit Card Processing Business: Payscape CEO Adam Bloomston (Part 5)
Sramana Mitra: What else is interesting in that 2010 to 2014 growth story? Adam Bloomston: For us, our focus has always been on revenue. We have always been focused on selling something, selling it well, and supporting it well. I think the most interesting thing we have done is, we created Payscape University. It is
Bootstrapping a Credit Card Processing Business: Payscape CEO Adam Bloomston (Part 4)
Sramana Mitra: Have you done other verticalized product acquisitions or solutions? Adam Bloomston: We have. We purchased an electronic invoicing company called Billion, probably in 2011. It is an electronic invoicing program on a web-based platform. If you are in any kind of service business or any kind of business, you send them an invoice
Bootstrapping a Credit Card Processing Business: Payscape CEO Adam Bloomston (Part 3)
Sramana Mitra: How long did it take you to get zero to one million in revenue and how many people were involved in the company at that point? Adam Bloomston: It took us about two to three years. Maybe four. Sramana Mitra: Three years? Just around the 2007-2008 timeframe, you hit that milestone? Adam Bloomston:
Bootstrapping a Credit Card Processing Business: Payscape CEO Adam Bloomston (Part 2)
Sramana Mitra: So were they paying you as consultant at that point and you would set up their credit card processing function? Adam Bloomston: No. In credit card processing, the way it works is we would set up one account and then have them for months and years as a client. Sramana Mitra: I see.
Bootstrapping a Credit Card Processing Business: Payscape CEO Adam Bloomston (Part 1)
Adam has scaled a very simple business diligently, systematically. Have a look at how. Sramana Mitra: I want to go to the very beginning of your personal story, where are you from, where were you born, raised, and what kind of background? Adam Bloomston: I grew up in Birmingham, Alabama and studied at the University
