PayNearMe Raises $20M For Next-Gen Cash Service

In an interview, PayNearMe CEO Danny Shader said that the company was well positioned to reach out to consumers, noting deals with Family Dollar and 7-Eleven put the service right in the hands of potential customers. “We now think we have the best footprint in the country,” Shader remarked. “But it’s not places like liquor stores; it’s well-lit establishments.”