About AltaPay
AltaPay is a company based in Copenhagen (Denmark) founded in 2008 by Christian Rasmussen and Jesper Beyer-Clausen was acquired by Market Pay in February 2025.. The company has 47 employees as of December 31, 2019. AltaPay offers products and services including Online Payment Solutions, In-Store Payment Solutions, and Unified Commerce Solutions. AltaPay operates in a competitive market with competitors including Flutterwave, Nets, UnionPay Intl, Equiniti and ZTLment, among others.
- Headquarter Copenhagen, Denmark
- Employees 47 as on 31 Dec, 2019
- Founders Christian Rasmussen, Jesper Beyer-Clausen
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Altapay A/S
-
Annual Revenue
$6.05 M (USD)9as on Dec 31, 2019
-
Net Profit
$3.51 M (USD)29as on Dec 31, 2022
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
47
as on Dec 31, 2019
-
Acquired by
Market Pay
(Feb 17, 2025)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of AltaPay
AltaPay offers a comprehensive portfolio of products and services, including Online Payment Solutions, In-Store Payment Solutions, and Unified Commerce Solutions. 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.
Facilitates international online payments to boost conversions.
Manages in-store transactions with unified reporting and support.
Connects online and in-store payments for streamlined data management.
Funding Insights of AltaPay
| 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 AltaPay
AltaPay has secured backing from 1 investor. Prominent investors backing the company include Market Pay. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Omnichannel payment platforms are operated for physical and online stores.
|
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 AltaPay
| 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 - AltaPay
| 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 |
Altapay Comparisons
Competitors of AltaPay
AltaPay 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 Flutterwave, Nets, UnionPay Intl, Equiniti and ZTLment, 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 |
Provider of payment processing solutions for businesses
|
|
| domain | founded_year | HQ Location |
Nets is engaged in providing digital payment solutions across Europe.
|
|
| domain | founded_year | HQ Location |
Mobile and online payment solutions are provided for banks.
|
|
| domain | founded_year | HQ Location |
Financial technology and payment processing solutions are provided by Equiniti.
|
|
| domain | founded_year | HQ Location |
Smart contract-enabled payments are facilitated for cross-border trades.
|
|
| domain | founded_year | HQ Location |
Payment processing solutions are provided for businesses through various integrations.
|
| 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 Altapay
Frequently Asked Questions about AltaPay
When was AltaPay founded?
AltaPay was founded in 2008.
Where is AltaPay located?
AltaPay is headquartered in Copenhagen, Denmark.
Who is the current CEO of AltaPay?
Christian Rasmussen is the current CEO of AltaPay. They have also founded this company.
How many employees does AltaPay have?
As of Dec 31, 2019, the latest employee count at AltaPay is 47.
What is the annual revenue of AltaPay?
Annual revenue of AltaPay is $6.05M as on Dec 31, 2019.
What does AltaPay do?
API-based payment gateway solutions for merchants. Features include onboarding multiple acquirers and technologies, loyalty schemes, hosted pages, and PCI-DSS Compliant. Accepts multiple international and local payment methods. Integrates multiple mobile payments methods like Apple Pay, Android Pay, Mobilepay, Swish, and PayByBankApp.
Who are the top competitors of AltaPay?
AltaPay's top competitors include Flutterwave, Equiniti and UnionPay Intl.
What products or services does AltaPay offer?
AltaPay offers Online Payment Solutions, In-Store Payment Solutions, and Unified Commerce Solutions.
Who are AltaPay's investors?
AltaPay has 1 investor. Key investors include Market Pay.