SafetyPay Overview
- Year Founded
-
2007
- Status
-
Acquired/Merged
- Employees
-
58
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$441M
SafetyPay General Information
Description
Developer of internet payment software designed to assist online shoppers, merchants and banks to transact safely serving airline, automotive, retail, finance and insurance industries. The company's software offers real-time global payment options to securely make online purchases from merchants worldwide and pay directly through the local bank account in the currency of one's choice, enabling users to make hassle-free payments securely.
Contact Information
Website
www.safetypay.com(Operating Subsidiary)
Corporate Office
- 18851 North East 29th. Avenue
- Suite 700
- Aventura, FL 33180
- United States
Corporate Office
- 18851 North East 29th. Avenue
- Suite 700
- Aventura, FL 33180
- United States
SafetyPay Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 31-Jan-2022 | $441M | Completed | Generating Revenue | ||
| 5. Later Stage VC (Series C) | 15-Jan-2015 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 12-Jul-2013 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 20-Jan-2011 | Completed | Startup | |||
| 2. Early Stage VC (Series A) | 06-Aug-2008 | $6M | $8M | Completed | Startup | |
| 1. Seed Round | $2M | $2M | Completed | Startup |
SafetyPay Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B | ||||||||
| Series A | 50,000,000 | $0.001000 | 8% | $0.65 | $0.65 | 1x | $0.65 | 24.11% |
SafetyPay Comparisons
Industry
Financing
Details
SafetyPay Competitors (68)
One of SafetyPay’s 68 competitors is Zettle, a Formerly VC-backed company based in Stockholm, Sweden.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Zettle | Formerly VC-backed | Stockholm, Sweden | ||||
| CCAvenues | Failed Transaction (M&A) | Dubai, United Arab Emirates | ||||
| Alipay (UK) | Corporation | London, United Kingdom | ||||
| PAYtonic | Corporation | Nagpur, India | ||||
| WorldPay US | Corporate Backed or Acquired | Atlanta, GA |
SafetyPay Patents
SafetyPay Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-2696317-A1 | Payment system and clearinghouse of internet transactions | Inactive | 06-Aug-2012 | ||
| EP-2788934-A2 | Electronic payment system | Inactive | 09-Dec-2011 | ||
| EP-2788934-A4 | Electronic payment system | Inactive | 09-Dec-2011 | ||
| WO-2013086390-A2 | Electronic payment system | Inactive | 09-Dec-2011 | ||
| WO-2013086390-A3 | Electronic payment system | Inactive | 09-Dec-2011 | G06Q20/14 |
SafetyPay Signals
SafetyPay Former Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Armilar Venture Partners | Venture Capital | Minority | ||
| International Finance Corporation | PE/Buyout | Minority | ||
| Angel (individual) | Minority |
SafetyPay FAQs
-
When was SafetyPay founded?
SafetyPay was founded in 2007.
-
Where is SafetyPay headquartered?
SafetyPay is headquartered in Aventura, FL.
-
What is the size of SafetyPay?
SafetyPay has 58 total employees.
-
What industry is SafetyPay in?
SafetyPay’s primary industry is Other Financial Services.
-
Is SafetyPay a private or public company?
SafetyPay is a Private company.
-
What is the current valuation of SafetyPay?
The current valuation of SafetyPay is .
-
What is SafetyPay’s current revenue?
The current revenue for SafetyPay is .
-
How much funding has SafetyPay raised over time?
SafetyPay has raised $38.7M.
-
Who are SafetyPay’s investors?
Armilar Venture Partners, International Finance Corporation, and have invested in SafetyPay.
-
Who are SafetyPay’s competitors?
Zettle, CCAvenues, Alipay (UK), PAYtonic, and WorldPay US are some of the 68 competitors of SafetyPay.
-
When was SafetyPay acquired?
SafetyPay was acquired on 31-Jan-2022.
-
Who acquired SafetyPay?
SafetyPay was acquired by Paysafe.
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