About Borgun
Borgun is a company based in Reykjavik (Iceland) founded in 1980 was acquired by Teya in June 2020.. Borgun offers products and services including POS Systems, Online Payments, and Teya App. Borgun operates in a competitive market with competitors including Flutterwave, PayU, Teya, CyberSource and Wirecard, among others.
- Headquarter Reykjavik, Iceland
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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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- Legal Name Teya Services Ltd.
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Products & Services of Borgun
Borgun offers a comprehensive portfolio of products and services, including POS Systems, Online Payments, and Teya App. 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.
Hardware for in-store transactions and sales management
Solutions for secure webshop and payment links
Mobile app for real-time sales tracking and reporting
Funding Insights of Borgun
| 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 Borgun
Borgun has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Teya. 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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Teya is focused on providing payment solutions for small businesses.
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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 Borgun
| 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 - Borgun
| 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 |
Borgun Comparisons
Competitors of Borgun
Borgun 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, PayU, Teya, CyberSource and Wirecard, 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
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Teya is focused on providing payment solutions for small businesses.
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| domain | founded_year | HQ Location |
Global e-commerce payment processing and security services are managed.
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| domain | founded_year | HQ Location |
Payment processing solutions are provided for businesses and merchants.
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| domain | founded_year | HQ Location |
Financial technology and payment processing solutions are provided by Equiniti.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Borgun
When was Borgun founded?
Borgun was founded in 1980.
Where is Borgun located?
Borgun is headquartered in Reykjavik, Iceland.
Who is the current CEO of Borgun?
Samundur Samundsson is the current CEO of Borgun.
What does Borgun do?
The company was founded in 1980 and is headquartered in Reykjavik, Iceland. Operations focus on the financial technology sector, where issuing processing services are delivered to credit and debit card issuers. Online payment and acceptance solutions are offered, alongside acquiring services for merchants to facilitate electronic transactions. These activities support payment infrastructure across various business applications.
Who are the top competitors of Borgun?
Borgun's top competitors include PayU, Flutterwave and Teya.
What products or services does Borgun offer?
Borgun offers POS Systems, Online Payments, and Teya App.
Who are Borgun's investors?
Borgun has 1 investor. Key investors include Teya.