About Acculynk
Acculynk is a Financial Services company based in Atlanta (United States) founded in 2008, and was acquired by First Data in March 2017. Online payment processing services are offered for merchants. Acculynk has raised $3.5 million across 1 funding round from investors including Fiserv. Acculynk has completed 1 acquisition, including PayLeap. The company was acqui-hired. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its competitors include Stripe, PayPal and Flutterwave; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Atlanta, United States
- Stage Acquired
- SectorsFinancial Services
- Website acculynk.com
- Social LinkedIn X
- Acquired by First Data (Mar 2017)
- Total Equity Funding$3.5M (USD)
in 1 rounds
- Latest Funding Round$3.5M (USD), Series A
Aug 2012
- Investors
- Investments & Acquisitions
- Acquired byFirst Data
(Mar 2017)
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 $3.5M
- Total Rounds 1
- Last Round Series A — $3.5M
- First Round $3.5M
(Aug 2012)
All 1 funding rounds of Acculynk with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2012 | $3.5M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Acculynk
Acculynk has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fiserv.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Payment processing and electronic commerce services are offered worldwide. | 1971 | firstdata.com | Atlanta, United States |
Investor details for Acculynk
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Investments & Acquisitions by Acculynk
Acculynk has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PayLeap.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Hosted payment gateways are provided for e-commerce integration. | payleap.com | Walnut Creek, United States | 2008 | Sep 2012 | •••• |
Complete acquisition details for Acculynk
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Timeline of Acculynk
4 dated milestones of Acculynk across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Acculynk is founded.
- Funding First funding round of $3.5M.
- Acquisition Acquires PayLeap.
- Exit Acquired by First Data.
Competitors of Acculynk
Acculynk has 3 listed competitors in our database, 3 of them funded. They include Stripe, PayPal and Flutterwave.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| paypal.com | 1998 | San Jose, United States | $216M | 27,200 | Online payment solutions are offered to consumers and businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | Provider of payment processing solutions for businesses |
Detailed competitors of Acculynk
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Acculynk (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Acculynk
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Frequently Asked Questions about Acculynk
Acculynk was founded in 2008 and raised its 1st funding round 4 years after it was founded.
Acculynk is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
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 2012.
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.
Acculynk's top competitors include Stripe, Flutterwave and PayPal.
Acculynk has made 1 acquisition, including PayLeap.
Acculynk has 1 investor. Key investors include Fiserv.
Yes. Acculynk was acquired by First Data in March 2017.