About Digital Payment Technologies
Digital Payment Technologies is a company based in Vancouver (Canada) founded in 1997 was acquired by T2 Systems in January 2014.. The company has 29 employees as of December 31, 2024. Digital Payment Technologies operates in a competitive market with competitors including Arrive, Parkhub, FlashParking, Metropolis and REEF, among others.
- Headquarter Vancouver, Canada
- Employees 29 as on 31 Dec, 2024
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$6 M (USD), Debt – Conventional
Nov 04, 2008
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Investors
T2 Systems
& 1 more
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Employee Count
29
as on Dec 31, 2024
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Acquired by
T2 Systems
(Jan 08, 2014)
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Funding Insights of Digital Payment Technologies
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $6.0M
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First Round
First Round
(04 Nov 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2008 | Amount | Debt – Conventional - Digital Payment Technologies | Valuation |
investors |
| 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 Digital Payment Technologies
Digital Payment Technologies has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include T2 Systems and C.A. Bancorp. 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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Founded Year | Domain | Location | |
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Parking management solutions for events and venues are provided.
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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 Digital Payment Technologies
| 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 - Digital Payment Technologies
| 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 |
Digital Payment Technologies Comparisons
Competitors of Digital Payment Technologies
Digital Payment Technologies 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 Arrive, Parkhub, FlashParking, Metropolis and REEF, 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 |
Tech-enabled platform for parking and mobility management solutions is provided.
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| domain | founded_year | HQ Location |
Provider of comprehensive parking management solutions
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| domain | founded_year | HQ Location |
Parking management systems are delivered via SaaS-enabled hardware and software.
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| domain | founded_year | HQ Location |
End-to-end parking management solutions are provided via an AI-enabled platform.
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| domain | founded_year | HQ Location |
REEF is focused on connecting goods and services to local neighborhoods through digital solutions.
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| domain | founded_year | HQ Location |
Parking management solutions for events and venues are provided.
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| 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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Latest news on Digital Payment Technologies
Frequently Asked Questions about Digital Payment Technologies
When was Digital Payment Technologies founded?
Digital Payment Technologies was founded in 1997 and raised its 1st funding round 11 years after it was founded.
Where is Digital Payment Technologies located?
Digital Payment Technologies is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of Digital Payment Technologies?
Mike Simmons is the current CEO of Digital Payment Technologies.
How many employees does Digital Payment Technologies have?
As of Dec 31, 2024, the latest employee count at Digital Payment Technologies is 29.
What does Digital Payment Technologies do?
Digital Payment Technologies was established in 1997 in Vancouver, Canada, as a subsidiary of T2 Systems Inc. Parking management technologies, including multi-space pay stations, are designed, manufactured, and distributed by the company for the North American parking sector. Enterprise software solutions are offered to facilitate operations for parking operators. The initial product, Intella-Pay, was introduced that year to support payment and management functions.
Who are the top competitors of Digital Payment Technologies?
Digital Payment Technologies's top competitors include Arrive, Parkhub and Metropolis.
Who are Digital Payment Technologies's investors?
Digital Payment Technologies has 2 investors. Key investors include T2 Systems, and C.A. Bancorp.
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