Acculynk

Atlanta, United States Founded: 2008 • Age: 18 yrs Acquired By First Data
Online payment processing services are offered for merchants.
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About Acculynk

Acculynk is a company based in Atlanta (United States) founded in 2008 was acquired by First Data in March 2017.. Acculynk has raised $3.5 million across 1 funding round from investors including Fiserv. Acculynk has completed 1 acquisition, including PayLeap. Acculynk operates in a competitive market with competitors including Stripe, PayPal, Flutterwave, PayU and Square, among others.

  • Headquarter Atlanta, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.5 M (USD), Series A

    Aug 15, 2012

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    First Data

    (Mar 16, 2017)

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Funding Insights of Acculynk

Acculynk has successfully raised a total of $3.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.5 million completed in August 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $3.5M
  • First Round

    (15 Aug 2012)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2012 Amount Series A - Acculynk Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Acculynk

Acculynk has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fiserv. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Payment processing and electronic commerce services are offered worldwide.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Acculynk

Acculynk has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PayLeap. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Hosted payment gateways are provided for e-commerce integration.
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Acculynk

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Acculynk Comparisons

Employees
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Competitors of Acculynk

Acculynk operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, PayPal, Flutterwave, PayU and Square, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Payment processing and card issuance solutions are provided for businesses.
domain founded_year HQ Location
Online payment solutions are offered to consumers and businesses.
domain founded_year HQ Location
Provider of payment processing solutions for businesses
domain founded_year HQ Location
Online payment processing and credit solutions are provided for businesses.
domain founded_year HQ Location
POS solutions are provided for retail businesses.
domain founded_year HQ Location
Employee benefit administration and payment solutions are provided for enterprises.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Acculynk

Frequently Asked Questions about Acculynk

When was Acculynk founded?

Acculynk was founded in 2008 and raised its 1st funding round 4 years after it was founded.

Where is Acculynk located?

Acculynk is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

Is Acculynk a funded company?

Acculynk is a funded company, having raised a total of $3.5M across 1 funding round to date. The company's 1st funding round was a Series A of $3.5M, raised on Aug 15, 2012.

What does Acculynk do?

Acculynk is a white label online payment accepting service provider. Acculynk solutions include a True Debit, a gateway which enables least cost debit routing for eCommerce merchants via PaySecure and PIN-less transactions on the EFT networks; PayLeap, a combined gateway and acquiring card processing service; PayGov, an electronic bill payment and presentment solution; and Payzur, a debit-based P2P and real time disbursement solution. Acculynks solutions are currently enabled on more than 6,000 merchant websites. Acculynk has partnerships with 11 EFT networks, six leading payment processors, and is certified with PULSE, First Data and Master Card, among other key industry leaders.

Who are the top competitors of Acculynk?

Acculynk's top competitors include Stripe, PayU and Flutterwave.

How many acquisitions has Acculynk made?

Acculynk has made 1 acquisition, including PayLeap.

Who are Acculynk's investors?

Acculynk has 1 investor. Key investors include Fiserv.

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