About CPS Payment Services
CPS Payment Services is a company based in Atlanta (United States) founded in 2011 was acquired by REPAY in October 2020.. The company has 18 employees as of December 31, 2020. CPS Payment Services offers products and services including Payment Acceptance, Vendor Payment Automation, Clearing and Settlement, and Instant Funding. CPS Payment Services operates in a competitive market with competitors including Bill.com, Tipalti, MineralTree, AvidXchange and Zip, among others.
- Headquarter Atlanta, United States
- Employees 18 as on 31 Dec, 2020
-
Sectors
TechnologyFinancial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Cps Payment Services, Llc
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of CPS Payment Services
CPS Payment Services offers a comprehensive portfolio of products and services, including Payment Acceptance, Vendor Payment Automation, Clearing and Settlement, and Instant Funding. 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.
Service for secure acceptance of payments in various transactions.
Platform to digitize and automate vendor payments efficiently.
System for managing payment clearing and fund settlement processes.
Feature for quick fund access and transfer in business operations.
Funding Insights of CPS Payment Services
| 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 CPS Payment Services
CPS Payment Services has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include REPAY. 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 |
|---|---|---|---|---|
|
Merchant acquiring solutions are provided for businesses to process payments.
|
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 CPS Payment Services
| 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 - CPS Payment Services
| 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 |
Cps Payment Services Comparisons
Competitors of CPS Payment Services
CPS Payment Services 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 Bill.com, Tipalti, MineralTree, AvidXchange and Zip, 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 |
Cloud-based accounts payable and receivable software for businesses
|
|
| domain | founded_year | HQ Location |
Cloud-based procurement and invoice management solutions are offered to businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based accounts payable automation is delivered for businesses.
|
|
| domain | founded_year | HQ Location |
Accounts payable and payment automation solutions are offered for businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based purchase approval management software is provided for businesses.
|
|
| domain | founded_year | HQ Location |
AP automation, commercial cards, and cross-border payments are provided.
|
| 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 Cps Payment Services
Frequently Asked Questions about CPS Payment Services
When was CPS Payment Services founded?
CPS Payment Services was founded in 2011.
Where is CPS Payment Services located?
CPS Payment Services is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Who is the current CEO of CPS Payment Services?
Wade Eckman is the current CEO of CPS Payment Services.
How many employees does CPS Payment Services have?
As of Dec 31, 2020, the latest employee count at CPS Payment Services is 18.
What does CPS Payment Services do?
Founded in 2011 and based in Atlanta, United States, CPS Payment Services operates in the financial technology sector. Automated accounts payable solutions are delivered through products like Totalpay, alongside virtual cards for bill and expense payments, P-cards for corporate expenses, and vendor management tools. Payment reconciliation services are also included to support corporate operations.
Who are the top competitors of CPS Payment Services?
CPS Payment Services's top competitors include Bill.com, AvidXchange and Zip.
What products or services does CPS Payment Services offer?
CPS Payment Services offers Payment Acceptance, Vendor Payment Automation, Clearing and Settlement, and Instant Funding.
Who are CPS Payment Services's investors?
CPS Payment Services has 1 investor. Key investors include REPAY.