About Bee Smart Payment Solutions
Bee Smart Payment Solutions is a company based in Cairo (Egypt) founded in 2009 was acquired by Ebtikar in October 2017.. Bee Smart Payment Solutions operates in a competitive market with competitors including DiGiSPICE, Dayra, CreditGO and CIT VERiCASH, among others.
- Headquarter Cairo, Egypt
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Vodafone Egypt
& 1 more
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Employee Count
Employee Count
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Acquired by
Ebtikar
(Oct 04, 2017)
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Funding Insights of Bee Smart Payment Solutions
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Seed - Bee Smart Payment Solutions | Valuation | Vodafone Egypt |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bee Smart Payment Solutions
Bee Smart Payment Solutions has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Vodafone Egypt and Ebtikar. 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 |
|---|---|---|---|---|
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Telecommunication services are delivered to Egyptian residential and business customers.
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Founded Year | Domain | Location | |
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Diversified investment management services are provided in Cairo, Egypt.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bee Smart Payment Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bee Smart Payment Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bee Smart Payment Solutions Comparisons
Competitors of Bee Smart Payment Solutions
Bee Smart Payment Solutions 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 DiGiSPICE, Dayra, CreditGO and CIT VERiCASH, 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 |
Provides suite solutions for government agencies
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| domain | founded_year | HQ Location |
API-enabled correspondent banking solutions are provided for underbanked individuals.
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| domain | founded_year | HQ Location |
POS mobile application with wallet for businesses
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| domain | founded_year | HQ Location |
Mobile payment software is provided to financial institutions and operators.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bee Smart Payment Solutions
Frequently Asked Questions about Bee Smart Payment Solutions
When was Bee Smart Payment Solutions founded?
Bee Smart Payment Solutions was founded in 2009 and raised its 1st funding round 12 years after it was founded.
Where is Bee Smart Payment Solutions located?
Bee Smart Payment Solutions is headquartered in Cairo, Egypt.
What does Bee Smart Payment Solutions do?
Bee Smart Payment Solutions was founded in 2009 in Cairo, Egypt, within the fintech sector. Agent-based systems are utilized to enable customers to purchase from partner websites and complete payments at offline Bee outlets. Offline bill payments and tuition fees are also handled through these partner stores. A non-reloadable prepaid card is offered as an additional service, supporting transactions across the region.
Who are the top competitors of Bee Smart Payment Solutions?
Bee Smart Payment Solutions's top competitors include DiGiSPICE, Dayra and CIT VERiCASH.
Who are Bee Smart Payment Solutions's investors?
Bee Smart Payment Solutions has 2 investors. Key investors include Vodafone Egypt, and Ebtikar.