Better Payment

Berlin, Germany Founded: 2014 • Age: 12 yrs Acquired By Deutsche Bank
Payment gateway services are provided to merchants for various channels.
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About Better Payment

Better Payment is a company based in Berlin (Germany) founded in 2014 was acquired by Deutsche Bank in September 2021.. Better Payment offers products and services including Online Payment, White Label, JetztZahlen, and Risk Management. Better Payment operates in a competitive market with competitors including Square, Flutterwave, HighRadius, ACI Worldwide and CyberSource, among others.

  • Headquarter Berlin, Germany
  • Sectors
    Retail
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Better Payment Germany Gmbh
Operational Areas
Retail → E-Commerce Technology & Services
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Deutsche Bank

    (Sep 20, 2021)

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Products & Services of Better Payment

Better Payment offers a comprehensive portfolio of products and services, including Online Payment, White Label, JetztZahlen, and Risk Management. 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

Enables acceptance of multiple online payment methods for e-commerce

Allows companies to operate as payment gateways with custom branding

Facilitates online invoice and donation payments via customizable pages

Provides fraud protection through risk and score checks for transactions

People of Better Payment
Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Rik Zahradka
Cto/ciso
People
Sahil Gadimbayli
Lead Developer
People
Juan Limo Flores
Fullstack Developer

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Funding Insights of Better Payment

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 Better Payment

Better Payment has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Deutsche Bank. 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
Institutional
Investor Description Founded Year Domain Location
Diversified banking and financial services are provided globally.
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 Better Payment

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 - Better Payment

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

Better Payment Comparisons

Employees
+
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Competitors of Better Payment

Better Payment 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 Square, Flutterwave, HighRadius, ACI Worldwide and CyberSource, 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
POS solutions are provided for retail businesses.
domain founded_year HQ Location
Provider of payment processing solutions for businesses
domain founded_year HQ Location
Autonomous finance and payment solutions are provided to businesses.
domain founded_year HQ Location
Digital payments are processed and managed via specialized solutions.
domain founded_year HQ Location
Global e-commerce payment processing and security services are managed.
domain founded_year HQ Location
Mobile and online payment solutions are provided for banks.
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 Better Payment

Frequently Asked Questions about Better Payment

When was Better Payment founded?

Better Payment was founded in 2014.

Where is Better Payment located?

Better Payment is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

What does Better Payment do?

Better Payment was founded in 2014 in Berlin, Germany, and operates within the fintech sector. A payment gateway is supplied to merchants, allowing acceptance of payments across multiple channels. Credit extension to consumers is facilitated through the purchase on account method. The companys domain, betterpayment.de, supports these operations focused on enabling secure transaction processing for businesses.

Who are the top competitors of Better Payment?

Better Payment's top competitors include Flutterwave, Square and HighRadius.

What products or services does Better Payment offer?

Better Payment offers Online Payment, White Label, JetztZahlen, and Risk Management.

Who are Better Payment's investors?

Better Payment has 1 investor. Key investors include Deutsche Bank.

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