ProPay Overview
- Year Founded
-
1997

- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$100M
ProPay General Information
Description
Provider of payment services for organizations catering to small, home-based entrepreneurs to multi-billion dollar businesses. The company provides customized payment processing solutions for businesses based on the industry they operate in, thereby helping businesses accept credit cards and handle ACH processing with ease.
Contact Information
Website
www.propay.com(Operating Subsidiary)
Corporate Office
- 2675 West 600 North
- Lindon, UT 84042
- United States
Corporate Office
- 2675 West 600 North
- Lindon, UT 84042
- United States
ProPay Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
2. Merger/Acquisition | 26-Dec-2012 | $100M | Completed | Generating Revenue | ||
1. Early Stage VC (Series A) | 01-Dec-2001 | Completed | Product Development |
ProPay Comparisons
Industry
Financing
Details
ProPay Competitors (49)
One of ProPay’s 49 competitors is Bluefin Payment Systems, a Private Equity-Backed company based in Atlanta, GA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Bluefin Payment Systems | Private Equity-Backed | Atlanta, GA | ||||
PPRO | Private Equity-Backed | London, United Kingdom | ||||
MerchantE | Formerly PE-Backed | Alpharetta, GA | ||||
SafetyPay | Formerly VC-backed | Aventura, FL | ||||
PayPal Holdings | Formerly VC-backed | San Jose, CA |
ProPay Patents
ProPay Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20120191607-A1 | Methods and systems for facilitating or executing electronic payment transactions | Inactive | 21-Jan-2011 | ||
US-9805368-B2 | End-to end secure payment processes | Active | 04-Aug-2008 | ||
US-20130066788-A1 | End-to-end secure payment processes | Active | 04-Aug-2008 | ||
US-8069121-B2 | End-to-end secure payment processes | Active | 04-Aug-2008 | ||
US-20100030697-A1 | End-to-end secure payment processes | Active | 04-Aug-2008 | G06Q20/3823 |
ProPay Former Investors (2)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
General Atlantic | Growth/Expansion | Minority | ||
InnoVentures Capital Partners | Venture Capital | Minority |
ProPay FAQs
-
When was ProPay founded?
ProPay was founded in 1997.
-
Where is ProPay headquartered?
ProPay is headquartered in Lindon, UT.
-
What industry is ProPay in?
ProPay’s primary industry is Financial Software.
-
Is ProPay a private or public company?
ProPay is a Private company.
-
What is the current valuation of ProPay?
The current valuation of ProPay is
. -
What is ProPay’s current revenue?
The current revenue for ProPay is
. -
How much funding has ProPay raised over time?
ProPay has raised $3.1M.
-
Who are ProPay’s investors?
General Atlantic and InnoVentures Capital Partners have invested in ProPay.
-
Who are ProPay’s competitors?
Bluefin Payment Systems, PPRO, MerchantE, SafetyPay, and PayPal Holdings are some of the 49 competitors of ProPay.
-
When was ProPay acquired?
ProPay was acquired on 26-Dec-2012.
-
Who acquired ProPay?
ProPay was acquired by Total System Services.
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