About Clarus Merchant Services
Clarus Merchant Services is a company based in Gaithersburg (United States) founded in 1999 by Randy Tillim was acquired by Talus Pay in January 2024. It operates as a Commission-Based, and Brokerage / Intermediation. Clarus Merchant Services has completed 2 acquisitions, including BC Technologies and North American Merchant Services. Clarus Merchant Services offers products and services including Credit Card Processing, POS Terminals, and Mobile Payment Solutions.
- Headquarter Gaithersburg, United States
- Founders Randy Tillim
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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
*********
- Legal Name Clarus Dc Merchant Services
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
BC Technologies
& 1 more
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Acquired by
Talus Pay
(Jan 04, 2024)
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Products & Services of Clarus Merchant Services
Clarus Merchant Services offers a comprehensive portfolio of products and services, including Credit Card Processing, POS Terminals, and Mobile Payment 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.
Credit card processing services are provided for merchants.
POS terminals are offered for merchant payment processing.
Mobile payment solutions are provided for merchant transactions.
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Leadership Team
4 people
Sales and Marketing
1 people
Operations Team
1 people
Account Team
1 people
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Funding Insights of Clarus Merchant Services
| 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 Clarus Merchant Services
Clarus Merchant Services has secured backing from 1 investor. Prominent investors backing the company include Talus 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 |
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POS software solutions are provided for offline retailers.
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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 Clarus Merchant Services
Clarus Merchant Services has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BC Technologies and North American Merchant Services. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Managed IT services are provided to businesses by BC Technologies.
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2004 | ||||
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Provider of sales services
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Clarus Merchant Services
| 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 |
Clarus Merchant Services Comparisons
Competitors of Clarus Merchant Services
| 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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Frequently Asked Questions about Clarus Merchant Services
When was Clarus Merchant Services founded?
Clarus Merchant Services was founded in 1999.
Where is Clarus Merchant Services located?
Clarus Merchant Services is headquartered in Gaithersburg, United States. It is registered at Gaithersburg, Maryland, United States.
Who is the current CEO of Clarus Merchant Services?
Randy Tillim is the current CEO of Clarus Merchant Services. They have also founded this company.
What does Clarus Merchant Services do?
Clarus Merchant Services is involved in offering credit card processing and comprehensive merchant payment solutions. Services are provided across various industries including business-to-business sectors, credit unions, wholesale distribution groups, and building materials distribution companies. Expertise is maintained in delivering competitive pricing, high cardholder security, and unmatched customer care. A range of solutions such as POS terminals, web, mobile, and ERP options are made available to enhance merchant profitability and productivity.
What products or services does Clarus Merchant Services offer?
Clarus Merchant Services offers Credit Card Processing, POS Terminals, and Mobile Payment Solutions.
How many acquisitions has Clarus Merchant Services made?
Clarus Merchant Services has made 2 acquisitions, including BC Technologies, and North American Merchant Services.
Who are Clarus Merchant Services's investors?
Clarus Merchant Services has 1 investor. Key investors include Talus Pay.