Xago Technologies Overview
- Year Founded
-
2016
- Status
-
Acquired/Merged
- Employees
-
17
- Latest Deal Type
-
M&A
Xago Technologies General Information
Description
Developer of an interoperable payment platform intended to use the blockchain payment network to bypass the plastic card industry completely. The company's payment platform utilizes blockchain technology to link customer profiles to fiat-backed cryptocurrency transactions in order to help financial institutions create a secure and instantaneous, low-cost payment process for its customers, enabling retailers to accept new and innovative payment methods in-store, such as mobile wallets, mobile money, cryptocurrency payments, or bank accounts.
Contact Information
Website
www.xago.io(Operating Subsidiary)
Corporate Office
- 82 Orchard Street
- Cape Town, 7700
- South Africa
Corporate Office
- 82 Orchard Street
- Cape Town, 7700
- South Africa
Xago Technologies Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 18-Jul-2023 | Completed | Generating Revenue | |||
| 3. Later Stage VC | 12-Jul-2021 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 01-Sep-2020 | Completed | Generating Revenue | |||
| 1. Accelerator/Incubator | 24-Oct-2016 | Completed | Generating Revenue |
Xago Technologies Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Xago Technologies Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Xago Technologies Former Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| AlphaCode (South Africa) | Venture Capital | Minority | ||
| Andzani Ventures | Venture Capital | Minority | ||
| Empowerment Capital Investment Partners | Venture Capital | Minority | ||
| Imvelo Ventures | Venture Capital | Minority |
Xago Technologies FAQs
-
When was Xago Technologies founded?
Xago Technologies was founded in 2016.
-
Where is Xago Technologies headquartered?
Xago Technologies is headquartered in Cape Town, South Africa.
-
What is the size of Xago Technologies?
Xago Technologies has 17 total employees.
-
What industry is Xago Technologies in?
Xago Technologies’s primary industry is Other Financial Services.
-
Is Xago Technologies a private or public company?
Xago Technologies is a Private company.
-
What is Xago Technologies’s current revenue?
The current revenue for Xago Technologies is .
-
Who are Xago Technologies’s investors?
AlphaCode (South Africa), Andzani Ventures, Empowerment Capital Investment Partners, and Imvelo Ventures have invested in Xago Technologies.
-
When was Xago Technologies acquired?
Xago Technologies was acquired on 18-Jul-2023.
-
Who acquired Xago Technologies?
Xago Technologies was acquired by Evertas.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
