Finaro Overview

  • Year Founded
  • 2007

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 350

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $518M

Finaro General Information

Description

Developer of an online payment processing technology designed to make accepting payments simpler, safer, and more cost-effective that focuses on eCommerce and cross-border card transactions. The company is a licensed European Bank, a payments institution in HK and the UK, and a member of Visa, MasterCard, AMEX, WeChat, AliPay, PayPal, and with many alternative payment methods, its technology optimizes the payment life cycles and digitizes the onboarding process to be rapid and secure, enabling merchants to get more efficient transaction clearing and settlement.

Contact Information

Website
www.finaro.com
Formerly Known As
Credorax
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • Palazzo Homedes
  • 80 Strait Street
  • Valletta, VLT 1436
  • Malta
Primary Industry
Financial Software
Other Industries
Other Financial Services
Acquirer
Shift4 Payments
Vertical(s)
E-Commerce, FinTech
Corporate Office
  • Palazzo Homedes
  • 80 Strait Street
  • Valletta, VLT 1436
  • Malta

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Finaro Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 26-Oct-2023 $518M Completed Generating Revenue
6. Debt - General 11-Jul-2018 Completed Generating Revenue
5. Later Stage VC 13-May-2016 Completed Generating Revenue
4. Secondary Transaction - Private 01-Jan-2016 Completed Generating Revenue
3. Later Stage VC 27-Oct-2014 Completed Generating Revenue
2. Later Stage VC 09-Apr-2013 $40M $90M Completed Generating Revenue
1. Early Stage VC 19-Sep-2011 $50M $50M Completed Startup
To view Finaro’s complete valuation and funding history, request access »

Finaro Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an online payment processing technology designed to make accepting payments simpler, safer, and more cost-e
Financial Software
Valletta, Malta
350 As of 2022

Cambridge, United Kingdom
 

Amsterdam, Netherlands
 
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Finaro Competitors (68)

One of Finaro’s 68 competitors is Money Mover, a Angel-Backed company based in Cambridge, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Money Mover Angel-Backed Cambridge, United Kingdom
Adyen Formerly VC-backed Amsterdam, Netherlands
Klarna Venture Capital-Backed Stockholm, Sweden
Dwolla Venture Capital-Backed Des Moines, IA
BlueSnap Private Equity-Backed Waltham, MA
You’re viewing 5 of 68 competitors. Get the full list »

Finaro Patents

  • 49

    Total Documents Applications and Grants

  • Total Patents Families

  • 21

    Granted

  • 15

    Pending

  • Expiring in next 12 mo

Finaro Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4492748-A1 System and method for optimizing routing of transactions over a computer network Pending 10-Jul-2023
US-11966757-B2 System and method for selecting an execution strategy depending on validations Active 30-Aug-2022
US-20240078118-A1 System and method for selecting an execution strategy depending on validations Active 30-Aug-2022
US-20240256292-A1 System and method for controlling actions depending on multiple validations Pending 30-Aug-2022
US-20240015090-A1 Computerized system and method for determination of destinations for computer network requests Active 07-Jul-2022 H04L45/122
To view Finaro’s complete patent history, request access »

Finaro 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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Finaro Former Investors (15)

Investor Name Investor Type Holding Investor Since Participating Rounds
ATW Partners Venture Capital Minority
Blumberg Capital Venture Capital Minority
Boleh Ventures Fund of Funds Minority
Columbus Nova Technology Partners Venture Capital Minority
FTV Capital Growth/Expansion Minority
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Finaro FAQs

  • When was Finaro founded?

    Finaro was founded in 2007.

  • Where is Finaro headquartered?

    Finaro is headquartered in Valletta, Malta.

  • What is the size of Finaro?

    Finaro has 350 total employees.

  • What industry is Finaro in?

    Finaro’s primary industry is Financial Software.

  • Is Finaro a private or public company?

    Finaro is a Private company.

  • What is the current valuation of Finaro?

    The current valuation of Finaro is .

  • What is Finaro’s current revenue?

    The current revenue for Finaro is .

  • How much funding has Finaro raised over time?

    Finaro has raised $155M.

  • Who are Finaro’s investors?

    ATW Partners, Blumberg Capital, Boleh Ventures, Columbus Nova Technology Partners, and FTV Capital are 5 of 15 investors who have invested in Finaro.

  • Who are Finaro’s competitors?

    Money Mover, Adyen, Klarna, Dwolla, and BlueSnap are some of the 68 competitors of Finaro.

  • When was Finaro acquired?

    Finaro was acquired on 26-Oct-2023.

  • Who acquired Finaro?

    Finaro was acquired by Shift4 Payments.

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