Citcon

Santa Clara, United States Founded: 2015 • Age: 11 yrs
Payment gateway solutions are provided for multiple payment methods.
Annual revenue - Latest available
Total funding $49.8M 4 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Citcon

Citcon is a company based in Santa Clara (United States) founded in 2015 by Chuck Huang and Wei Jiang. Citcon has raised $49.77 million across 4 funding rounds from investors including East West Bank, Norwest Venture Partners and Cota Capital. Citcon has completed 1 acquisition, including Opay. Citcon offers products and services including Payment Integration API, eCommerce Integrations, POS Integrations, and In-App Payments. Citcon operates in a competitive market with competitors including Stripe, PayPal, Flutterwave, PayU and Square, among others.

  • Headquarter Santa Clara, United States
  • Founders Chuck Huang, Wei Jiang
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
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  • Website
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  • Social
    Locked
  • Legal Name Citcon Usa Llc
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $49.77 M (USD)

    in 4 rounds

  • Latest Funding Round
    $4.77 M (USD), Series C

    Sep 16, 2024

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Citcon

Citcon offers a comprehensive portfolio of products and services, including Payment Integration API, eCommerce Integrations, POS Integrations, and In-App Payments.

Product name locked
Category locked
Primary

API for accepting global payment methods via one integration

Product name locked
Category locked
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Tools for handling online transactions and customer payments

Product name locked
Category locked
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Systems for in-store and contactless payment processing

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Features for app-based transactions and routing

People of Citcon

Headcount 50-200
Employee Profiles 31
Employee Profiles
People
Dylan G. C.
Vp, Commercial
People
Reno Wang
Sr. Director, Head Of Product Strategies And Partnerships
People
Bo Li
Sales Planning and Operation
People
Jim Cofer
Director, Bus Dev e-Commerce

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Funding Insights of Citcon

Citcon has successfully raised a total of $49.77M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $4.77 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Citcon

Citcon has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include East West Bank, Norwest Venture Partners and Cota Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Stage-agnostic venture capital investments are focused on US sectors.
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Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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Investor details for Citcon

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Citcon

Citcon has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Opay.

Investments
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Investment portfolio details for Citcon

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Payment processing solutions
Locked Locked 2017 Locked
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Complete acquisition details for Citcon

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Citcon

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Detailed financials for Citcon

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Citcon Comparisons

Citcon Primary company
Description
Payment gateway solutions are provided for multiple payment ...
Location
Santa Clara, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Citcon

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
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  • Operating benchmarks

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Competitors of Citcon

Citcon 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 Stripe, PayPal, Flutterwave, PayU and Square, among others.

Company Name Domain Founded year HQ Location Description
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Payment processing and card issuance solutions are provided for businesses.
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Online payment solutions are offered to consumers and businesses.
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Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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POS solutions are provided for retail businesses.
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Online payment and money transfer platform for businesses
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Detailed competitors of Citcon

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Citcon

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Complete news archive for Citcon

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Citcon

Citcon was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Citcon is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.

Casey Bullock is the current CEO of Citcon.

Citcon is a funded company, having raised a total of $49.77M across 4 funding rounds to date.

Citcon was founded in 2015 and is based in Santa Clara, United States, within the fintech sector. Solutions for payment gateways are delivered to support QR codes, POS systems, API integrations, international transactions, and various payment methods. Operations include local currency settlements and fraud protection mechanisms for offline and online payments, facilitating secure and efficient processing across global markets.

Citcon's top competitors include Stripe, PayU and Flutterwave.

Citcon offers Payment Integration API, eCommerce Integrations, POS Integrations, and In-App Payments.

Citcon has made 1 acquisition, including Opay.

Citcon has 5 investors. Key investors include East West Bank, Norwest Venture Partners, Cota Capital, Sierra Ventures, and Bright Pixel Capital.

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