PayParc Overview
- Year Founded
-
2019
- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
- Investors
-
1
PayParc General Information
Description
Developer of an electronic payments platform designed to overcome complex payment structures and the challenges of connecting booking flow to payment flow. The company's platform features include automatized e-wallet transfers for every booking, a configurable payment hub with smart routing, deferred or partial payment functions, and fund movements all over the world, and a smart contract with validating nodes between booking and payment data, helping clients to track all wallet movements, configure rules, set up new providers and create reconciliation reports.
Contact Information
Website
www.payparc.com(Operating Subsidiary)
Corporate Office
- Espai Emprenbit - Edifici Disset
- Parc Bit
- 07120 Palma de Mallorca
- Spain
Corporate Office
- Espai Emprenbit - Edifici Disset
- Parc Bit
- 07120 Palma de Mallorca
- Spain
PayParc Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 05-Dec-2023 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 29-Oct-2021 | Completed | Generating Revenue | |||
| 1. Accelerator/Incubator | 01-Jan-2021 | Completed | Generating Revenue |
PayParc Former Investors (2)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Plug and Play | Accelerator/Incubator | |||
| Tenity | Accelerator/Incubator | Minority |
PayParc FAQs
-
When was PayParc founded?
PayParc was founded in 2019.
-
Where is PayParc headquartered?
PayParc is headquartered in Palma de Mallorca, Spain.
-
What industry is PayParc in?
PayParc’s primary industry is Other Financial Services.
-
Is PayParc a private or public company?
PayParc is a Private company.
-
What is PayParc’s current revenue?
The current revenue for PayParc is .
-
Who are PayParc’s investors?
Plug and Play and Tenity have invested in PayParc.
-
When was PayParc acquired?
PayParc was acquired on 05-Dec-2023.
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