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
- SectorsFinancial Services
- Website accumulate.se
- Social LinkedIn
- Total Equity Funding$12.1M (USD)
in 4 rounds
- Latest Funding Round$10M (USD), Series B
Jun 2012
- InvestorsTelia Company
& 1 more
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.
- Total Funding $12.1M
- Total Rounds 4
- Last Round Series B — $10M
- Investors Count 2
All 4 funding rounds of Accumulate 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 |
|---|---|---|---|---|---|
| Jun 2012 | $10M | Series B | – | – | |
| Feb 2010 | $2.1M | Series A | – | – | – |
| Jun 2009 | – | Series A | – | – | |
| Jan 2008 | – | Angel Round | – | – | – |
2 investors in total: 2 institutional.
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 |
|---|---|---|---|---|
Private equity firm investing in multiple sectors | – | ap6.se | Stockholm, Sweden | |
Integrated telecom and TV services are offered to Swedish customers. | 1853 | teliacompany.com | Solna, Sweden |
Investor details for Accumulate
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Accumulate
3 dated milestones of Accumulate across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Accumulate is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $10.0M.
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 | 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. | |
| flutterwave.com | 2016 | San Francisco, United States | $319.41M | – | Provider of payment processing solutions for businesses | |
| payu.com | 2002 | Amsterdam, Netherlands | $35.15M | 1,200 | Online payment processing and credit solutions are provided for businesses. | |
| squareup.com | 2009 | San Francisco, United States | $519.75M | 11,372 | POS solutions are provided for retail businesses. | |
| cybersource.com | 1994 | Foster, United States | – | – | Global e-commerce payment processing and security services are managed. | |
| wirecard.com | 1999 | Aschheim, Germany | – | 4,989 | Payment processing solutions are provided for businesses and merchants. | |
| equiniti.com | 2002 | Lancing, United Kingdom | – | – | Financial technology and payment processing solutions are provided by Equiniti. | |
| qred.se | 2015 | Stockholm, Sweden | $11.05M | – | Provider of a digital marketplace platform for business loans |
Detailed competitors of Accumulate
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Accumulate
Websites that share an audience with Accumulate (accumulate.se).
Websites whose visitors overlap most with Accumulate. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| seamless.se | 100% | 8.3K | #2,443,558 | View details | |
| usrid.net | 96% | – | – | View details | |
gomzin.com | gomzin.com | 69% | – | – | – |
Latest news on Accumulate
Complete news archive for Accumulate
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Accumulate
10 companies that operate in the same segment as Accumulate (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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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.