About Crossgate
Crossgate is a Financial Services company based in Cape Town (South Africa) founded in 2010, and was acquired by Crossfin in October 2018. It operates as a payment card management and issuer processing solutions are provided. It operates on a FinTech and Managed Services model. Its chief executive is David Coning. Crossgate offers products and services including Card Solutions, Mobile Payments, Transaction Processing, and Intelligence & Analytics. Its focus areas include Payment Processing and Card and Mobile Payments. Its competitors include Worldpay, Heartland Payment Systems, Euronet Worldwide, Adyen and Marqeta and 4 more; 4 of its 9 listed competitors have raised funding.
Company details
Crossgate is engaged in delivering payment solutions that simplify the complexities of transactions for companies. Services are offered across retail, banking, transit, and emerging markets. Solutions include card programs, mobile payments, transaction processing, and data analytics. Secure and innovative technologies are utilized to enhance customer engagement and business growth in the evolving payments landscape.
- Headquarters Cape Town, South Africa
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website crossgate.co.za
- Acquired by Crossfin (Oct 2018)
Products & Services of Crossgate
Crossgate offers a comprehensive portfolio of products and services, including Card Solutions, Mobile Payments, Transaction Processing, and Intelligence & Analytics.
End-to-end card solutions are provided for various programs.
Mobile payment solutions are offered with scalable technology.
Transaction processing services are delivered for payment programs.
Real-time payment data analytics are provided for insights.
Investors in Crossgate
Crossgate has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Crossfin.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investor in and builder of FinTech businesses in emerging markets | 2017 | crossfin.co.za | Cape Town, South Africa |
Investor details for Crossgate
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Crossgate
1 people are tracked at Crossgate (1 in leadership).
| Name | Role | Group |
|---|---|---|
David Coning | CEO | Leadership |
Complete people profiles for Crossgate
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Crossgate
2 dated milestones of Crossgate across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Crossgate is founded.
- Exit Acquired by Crossfin.
Competitors of Crossgate
Crossgate has 9 listed competitors in our database, 4 of them funded. They include Worldpay, Heartland Payment Systems, Euronet Worldwide, Adyen and Marqeta, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| worldpay.com | 1993 | London, United Kingdom | $18M | 1,671 | Payment services and analytics solutions are provided for businesses. | |
| heartlandpaymentsystems.com | 1997 | Princeton, United States | $40M | – | Payment processing, POS and Gift Card services | |
| euronetworldwide.com | 1994 | Leawood, United States | – | 10,000 | Electronic payments and transaction processing solutions are offered globally. | |
| adyen.com | 2006 | Amsterdam, Netherlands | $266M | 67 | Payment issuance and processing solutions are provided for businesses. | |
| marqeta.com | 2010 | Oakland, United States | $528.11M | 854 | Card-issuing and payment processing solutions are offered to businesses. | |
| worldline.com | 1970 | Bezons, France | – | 1,498 | Payment solutions for businesses are provided by Worldline Global. | |
| cielo.com.br | 1995 | Barueri, Brazil | – | 13,347 | Merchant acquiring and card processing services are provided in Brazil. | |
| elavon.com | 1991 | Atlanta, United States | – | – | Merchant service provider | |
| evopayments.com | 1989 | Atlanta, United States | – | – | Global payment solutions are provided by EVO Payments, Inc. |
Detailed competitors of Crossgate
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as Crossgate (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
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
Related news about Crossgate
Complete news archive for Crossgate
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Crossgate
Crossgate was founded in 2010.
Crossgate is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
David Coning is the current CEO of Crossgate.
Crossgate is engaged in delivering payment solutions that simplify the complexities of transactions for companies. Services are offered across retail, banking, transit, and emerging markets. Solutions include card programs, mobile payments, transaction processing, and data analytics. Secure and innovative technologies are utilized to enhance customer engagement and business growth in the evolving payments landscape.
Crossgate's top competitors include Worldpay, Adyen and Euronet Worldwide.
Crossgate offers Card Solutions, Mobile Payments, Transaction Processing, and Intelligence & Analytics.
Crossgate has 1 investor. Key investors include Crossfin.
Yes. Crossgate was acquired by Crossfin in October 2018.