CardConnect Overview

  • Year Founded
  • 2006

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 189

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 5

  • Investments
  • 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
Formerly Known As
Financial Transaction Services
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Corporate Office
  • 1000 Continental Drive
  • Suite 300
  • King of Prussia, PA 19406
  • United States
+1 (877)
Primary Industry
Financial Software
Parent Company
First Data
Vertical(s)
FinTech, B2B Payments
Corporate Office
  • 1000 Continental Drive
  • Suite 300
  • King of Prussia, PA 19406
  • United States
+1 (877)

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CardConnect Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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CardConnect Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of payment gateway platform created to offer electronic transaction processing services. The company's platfor
Financial Software
King of Prussia, PA
189 As of 2016

San Jose, CA
 

Lindon, UT
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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
You’re viewing 5 of 22 competitors. Get the full list »

CardConnect Patents

  • 5

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • Pending

  • Expiring in next 12 mo

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
To view CardConnect’s complete patent history, request access »

CardConnect Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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CardConnect Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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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
You’re viewing 5 of 7 investments and acquisitions. Get the full list »

CardConnect FAQs

  • When was CardConnect founded?

    CardConnect was founded in 2006.

  • 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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