Aconite Technology

London, United Kingdom Founded: 2000 • Age: 26 yrs Acquired By Cryptomathic
Card management solution for EMV card issuers
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About Aconite Technology

Aconite Technology is a company based in London (United Kingdom) founded in 2000 by Star St.Germain was acquired by Cryptomathic in May 2019.. The company has 12 employees as of January 31, 2020. Aconite Technology offers products and services including Obsidian Platform, CrystalKey 360, Obsidian CA, Obsidian Issuance, and Obsidian Pin. Aconite Technology operates in a competitive market with competitors including Worldpay, Adyen, Euronet Worldwide, EVO Payments and Marqeta, among others.

  • Headquarter London, United Kingdom
  • Employees 12 as on 31 Jan, 2020
  • Founders Star St.Germain
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Aconite Technology Limited
  • Date of Incorporation 18 Feb, 2000
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    12

    as on Jan 31, 2020

  • Acquired by
    Cryptomathic

    & 1 more

    (May 21, 2019)

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Products & Services of Aconite Technology

Aconite Technology offers a comprehensive portfolio of products and services, including Obsidian Platform, CrystalKey 360, Obsidian CA, Obsidian Issuance, and Obsidian Pin. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Modular system for secure card issuance and transaction processing

Platform for cryptographic key management and security services

Service for managing root of trust in payment schemes

Tool for issuing virtual and physical payment cards

System for secure PIN selection and changes

Funding Insights of Aconite Technology

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 Aconite Technology

Aconite Technology has secured backing from 2 investors. Prominent investors backing the company include Cryptomathic and Location Sciences. 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
Investor Description Founded Year Domain Location
Security software for cryptography, EMV, PKI, and authentication is provided.
Founded Year Domain Location
Provides analytics solutions using location-based user data
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 Aconite Technology

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

Financial Statements - Aconite Technology

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

Aconite Technology Comparisons

Employees
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Competitors of Aconite Technology

Aconite Technology 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 Worldpay, Adyen, Euronet Worldwide, EVO Payments and Marqeta, 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 services and analytics solutions are provided for businesses.
domain founded_year HQ Location
Payment issuance and processing solutions are provided for businesses.
domain founded_year HQ Location
Electronic payments and transaction processing solutions are offered globally.
domain founded_year HQ Location
Global payment solutions are provided by EVO Payments, Inc.
domain founded_year HQ Location
Card-issuing and payment processing solutions are offered to businesses.
domain founded_year HQ Location
Merchant acquiring and card processing services are provided in Brazil.
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 Aconite Technology

Frequently Asked Questions about Aconite Technology

When was Aconite Technology founded?

Aconite Technology was founded in 2000.

Where is Aconite Technology located?

Aconite Technology is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

How many employees does Aconite Technology have?

As of Jan 31, 2020, the latest employee count at Aconite Technology is 12.

What does Aconite Technology do?

Aconite Technology was founded in 2000 in London, United Kingdom, focusing on the fintech sector. Card management solutions are offered to EMV card issuers, covering issuance, contactless payments, transaction authorization, risk management, and ePIN handling. Payment systems based on cards are also developed for healthcare and mass transit operators. Compliance with PCI standards is maintained. The company was acquired by Proxama.

Who are the top competitors of Aconite Technology?

Aconite Technology's top competitors include Worldpay, Adyen and Euronet Worldwide.

What products or services does Aconite Technology offer?

Aconite Technology offers Obsidian Platform, CrystalKey 360, Obsidian CA, Obsidian Issuance, and Obsidian Pin.

Who are Aconite Technology's investors?

Aconite Technology has 2 investors. Key investors include Cryptomathic, and Location Sciences.

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