About Accumulate
Accumulate is a company based in Stockholm (Sweden) founded in 2005. Accumulate has raised $12.1 million across 4 funding rounds from investors including Telia Company and AP6. Accumulate offers products and services including ME, Mobile Payments, and Mobile Security. Accumulate operates in a competitive market with competitors including Stripe, Flutterwave, PayU, Square and CyberSource, among others.
- Headquarter Stockholm, Sweden
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$12.1 M (USD)
in 4 rounds
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Latest Funding Round
$10 M (USD), Series B
Jun 28, 2012
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Investors
Telia Company
& 1 more
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Employee Count
Not available
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Products & Services of Accumulate
Accumulate offers a comprehensive portfolio of products and services, including ME, Mobile Payments, and Mobile Security.
Secure platform for mobile transactions and user authentication.
System for secure mobile payment processing and transactions.
Applications for secure logins and digital signatures on mobiles.
Funding Insights of Accumulate
Accumulate has successfully raised a total of $12.1M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in June 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.
Investors in Accumulate
Accumulate has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Telia Company and AP6.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm investing in multiple sectors
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Integrated telecom and TV services are offered to Swedish customers.
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Investor details for Accumulate
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Investments & Acquisitions by Accumulate
Investment portfolio details for Accumulate
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Financial Statements - Accumulate
Detailed financials for Accumulate
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Accumulate Comparisons
Peer comparison for Accumulate
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Competitors of Accumulate
Accumulate 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, Flutterwave, PayU, Square and CyberSource, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Payment processing and card issuance solutions are provided for businesses.
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Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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POS solutions are provided for retail businesses.
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Global e-commerce payment processing and security services are managed.
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Payment processing solutions are provided for businesses and merchants.
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Detailed competitors of Accumulate
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Latest news on Accumulate
Complete news archive for Accumulate
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Frequently Asked Questions about Accumulate
Accumulate was founded in 2005 and raised its 1st funding round 3 years after it was founded.
Accumulate is headquartered in Stockholm, Sweden.
Accumulate is a funded company, having raised a total of $12.1M across 4 funding rounds to date.
Accumulate AB was founded in 2005 in Stockholm, Sweden, and operates in the financial services sector. Mobile payment solutions are offered through the Mobile Everywhere platform, enabling secure authentication via mobile phones. A comprehensive mobile payment service supports point-of-sale transactions, person-to-person transfers, remittances, online payments, and machine interactions. Mobile banking services include transactional and informational features, while security offerings encompass authentication, signatures, 3D Secure alternatives, and eID for secure login.
Accumulate's top competitors include Stripe, PayU and Flutterwave.
Accumulate offers ME, Mobile Payments, and Mobile Security.
Accumulate has 2 investors. Key investors include Telia Company, and AP6.