Healthcare payment platform raises $220M

PayZen, a financial technology company focusing on patient financing, has raised $220 million in a growth round.

The financing is composed of $20 million in equity financing and a $200 million credit facility. PayZen will use the capital to scale its operations and for product development, according to a Nov. 22 PayZen news release.

7wireVentures led the equity financing and Viola Credit provided the $200 million credit facility.

"Healthcare equity and affordability is a foundational problem in the U.S. Too many Americans have delayed or foregone getting the care they need because they aren't offered an affordable way to pay," PayZen co-founder and CEO Itzik Cohen said. "At PayZen, we're determined to help fix this broken system."

Copyright © 2025 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


You can unsubscribe from these communications at any time. For more information, please review our Privacy Policy
.
 

Articles We Think You'll Like