CardConnect Overview
- Year Founded
-
2006

- Status
-
Acquired/Merged
- Employees
-
189

- Latest Deal Type
-
M&A
- Financing Rounds
-
5
- Investments
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7
CardConnect General Information
Description
Developer of payment gateway platform created to offer electronic transaction processing services. The company's platform provides a reporting and transaction management portal that extends to a native mobile app, enabling retailers, restaurants, convenience stores, hotels and small-to-midsize businesses to access a convenient, centralized system to track, manage and process their payments.
Contact Information
Website
www.cardconnect.com(Operating Subsidiary)
Corporate Office
- 1000 Continental Drive
- Suite 300
- King of Prussia, PA 19406
- United States
Corporate Office
- 1000 Continental Drive
- Suite 300
- King of Prussia, PA 19406
- United States
CardConnect Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
CardConnect Comparisons
Industry
Financing
Details
CardConnect Competitors (22)
One of CardConnect’s 22 competitors is PayPal Holdings, a Formerly VC-backed company based in San Jose, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
PayPal Holdings | Formerly VC-backed | San Jose, CA | ||||
ProPay | Formerly VC-backed | Lindon, UT | ||||
Xero | Corporation | Wellington, New Zealand | ||||
Spreedly | Private Equity-Backed | Durham, NC | ||||
Shift4 Payments | Formerly PE-Backed | Center Valley, PA |
CardConnect Patents
CardConnect Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20140366151-A1 | Tokenized payment processing schemes | Inactive | 07-Apr-2009 | ||
US-20110307710-A1 | Tokenized payment processing schemes | Active | 07-Apr-2009 | ||
US-20100257612-A1 | Token-based payment processing system | Active | 07-Apr-2009 | ||
US-8584251-B2 | Token-based payment processing system | Inactive | 07-Apr-2009 | ||
US-8763142-B2 | Tokenized payment processing schemes | Inactive | 07-Apr-2009 | G06F21/6263 |
CardConnect Signals
CardConnect Former Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
CardConnect Investments & Acquisitions (7)
CardConnect’s most recent deal was a Merger/Acquisition with MertzCo. The deal was made on 03-Apr-2017.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
MertzCo | 03-Apr-2017 | Merger/Acquisition | Other Financial Services | ||
FinTech Acquisition | 29-Jul-2016 | Merger/Acquisition | Special Purpose Acquisition Company (SPAC) | ||
Smart Pay | 08-Aug-2013 | Buyout/LBO | Business/Productivity Software | ||
DPP | 28-Nov-2012 | Buyout/LBO | Financial Software | ||
Marathon Solutions | 16-Jul-2012 | Buyout/LBO | Specialized Finance |
CardConnect FAQs
-
When was CardConnect founded?
CardConnect was founded in 2006.
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Where is CardConnect headquartered?
CardConnect is headquartered in King of Prussia, PA.
-
What is the size of CardConnect?
CardConnect has 189 total employees.
-
What industry is CardConnect in?
CardConnect’s primary industry is Financial Software.
-
Is CardConnect a private or public company?
CardConnect is a Private company.
-
What is the current valuation of CardConnect?
The current valuation of CardConnect is
. -
What is CardConnect’s current revenue?
The current revenue for CardConnect is
. -
How much funding has CardConnect raised over time?
CardConnect has raised $9.5M.
-
Who are CardConnect’s investors?
Cohen Circle, FTV Capital, Falcon Investments, and FinTech Acquisition have invested in CardConnect.
-
Who are CardConnect’s competitors?
PayPal Holdings, ProPay, Xero, Spreedly, and Shift4 Payments are some of the 22 competitors of CardConnect.
-
When was CardConnect acquired?
CardConnect was acquired on 06-Jul-2017.
-
Who acquired CardConnect?
CardConnect was acquired by First Data.
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