Healthcare FinTech Paytient secures $40m from Trinity Capital

Healthcare FinTech Paytient secures $40m from Trinity Capital

Paytient, a healthcare payments company based in the United States, has secured $40m in growth capital from Trinity Capital, an alternative asset manager focused on private credit investments.

Paytient partners with employers and insurers to make healthcare more affordable for patients. By integrating into health plans, its platform enables users to pay for out-of-pocket medical, dental, vision, pharmacy, and even veterinary costs over time—without interest or fees. This approach allows members to opt for lower-premium plans while ensuring more predictable and manageable healthcare expenses.

The new funding will support Paytient’s continued expansion into large group employer-sponsored health plans, alternative plans, Medicare, and the Affordable Care Act (ACA) marketplace.

Paytient currently serves over 23 million members and collaborates with nearly 7,000 employers, insurers, and healthcare providers. Its cost-smoothing benefits are already embedded in the health plans of major payers across the country.

Trinity Capital director of tech lending Jack McNamara said, “Paytient is addressing a growing need in the healthcare landscape by making care more accessible and affordable. As the demand for flexible healthcare solutions continues to rise, the Paytient team’s expertise and momentum position them well to serve this growing market.”

Paytient CEO and founder Brian Whorley said, “Our partnership with Trinity Capital is about more than funding—it’s about shared conviction. We both believe there’s a better way to help people manage the cost of care. This capital allows us to scale faster and deepen our impact—for the members we serve, the employers who support them, and the health plans working to make care more accessible and affordable.”

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