About Famoco
Famoco is a company based in Paris (France) founded in 2010 by Lionel Baraban. Famoco has raised $17.42 million across 4 funding rounds from investors including BNP Paribas, SNCF Group and European Investment Bank. Famoco offers products and services including Famoco Device Management Suite, Famoco OS, Mobile Devices, and Famoco Pay. Famoco operates in a competitive market with competitors including SumUp, Ingenico, Smile&Pay, POSRocket and YouTransactor, among others.
- Headquarter Paris, France
- Founders Lionel Baraban
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Famoco Solutions Private Limited
- Date of Incorporation 11 Oct, 2017
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$217.23 K (USD)0as on Mar 31, 2019
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Net Profit
$4.03 K (USD)108.73as on Mar 31, 2019
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EBITDA
$83.09 K (USD)283.23as on Mar 31, 2019
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Total Equity Funding
$17.42 M (USD)
in 4 rounds
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Latest Funding Round
$22.18 M (USD), Debt – Conventional
Feb 03, 2020
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Investors
BNP Paribas
& 9 more
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Employee Count
Not available
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Products & Services of Famoco
Famoco offers a comprehensive portfolio of products and services, including Famoco Device Management Suite, Famoco OS, Mobile Devices, and Famoco Pay.
Platform for remote device management and monitoring
Secure Android-based system for enhanced data protection
Rugged devices designed for demanding business environments
Tools for enabling secure payment transactions
People of Famoco
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Funding Insights of Famoco
Famoco has successfully raised a total of $17.42M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $22.18 million completed in February 2020. 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 Famoco
Famoco has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include BNP Paribas, SNCF Group and European Investment Bank.
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Equity investments are provided to low and middle market companies.
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Investor details for Famoco
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Investments & Acquisitions by Famoco
Investment portfolio details for Famoco
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Financial Statements - Famoco
Detailed financials for Famoco
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Famoco Comparisons
Peer comparison for Famoco
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Competitors of Famoco
Famoco 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 SumUp, Ingenico, Smile&Pay, POSRocket and YouTransactor, among others.
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Provider of mPOS solution and card reader for offline retailers
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POS hardware and software solutions are provided to businesses.
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Hardware POS terminals are supplied to merchants for card payments.
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Cloud-based POS software and hardware are supplied to offline retailers.
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Payment terminals and PoS solutions are provided by YouTransactor.
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Detailed competitors of Famoco
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Latest news on Famoco
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Frequently Asked Questions about Famoco
Famoco was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Famoco is headquartered in Paris, France.
Lionel Baraban is the current CEO of Famoco. They have also founded this company.
Famoco is a funded company, having raised a total of $17.42M across 4 funding rounds to date.
Annual revenue of Famoco is $217.23K as on Mar 31, 2019.
Famoco was founded in 2010 in Paris, France, where hardware-based POS terminals with NFC capabilities are developed for merchants and businesses. Contact and contactless payments via cards, along with QR-based options, are supported. Fleet management, custom branding, and multi-factor authentication are incorporated into the offerings. Solutions for public transport ticketing, customer identification, and humanitarian programs are also addressed.
Famoco offers Famoco Device Management Suite, Famoco OS, Mobile Devices, and Famoco Pay.
Famoco has 10 investors. Key investors include BNP Paribas, SNCF Group, European Investment Bank, Bpifrance, and Idinvest Partners.