SupportPay Revenue and Competitors

First-ever automated child support payment platform for parents living apart. We seek to revolutionize family financial management by creating simple yet effective software to help modern families. SupportPay assists single, divorced, separated or remarried parents in managing their child support payments and shared expenses. In fact, globally there are over 298 million parents who are exchanging over $990 billion dollars every year in child support. In the US, there are over 55 million parents that live apart and 39 million of them exchange over $200 Billion every year. Up until now there has not been a standard process or system to enable parents to manage this emotional and conflict ridden process. Since child support is not just a single monthly payment but also a broad collection of shared expenses, parents must continually manage, communicate and negotiate over child related expenses. The entire process is complex, time consuming and very stressful. SupportPay seeks to eliminate child support conflict and enable collaboration with an easy to use online and mobile application, providing both parents transparency while saving time & money. Parents can now spend less time managing child support and expenses and more time focused on raising happy, healthy children. For more information, please visit http://supportpay.com.