FuturePay

Lehi, United States Founded: 2013 • Age: 13 yrs
Provides revolving line of credit for online shopping and merchant services.

About FuturePay

FuturePay is a company based in Lehi (United States) founded in 2013. It operates as a B2B, and B2C. FuturePay offers products and services including MyTab. FuturePay operates in a competitive market with competitors including Afterpay, Zip, Klarna, Sunbit and Snap Finance, among others.

  • Headquarter Lehi, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of FuturePay

FuturePay offers a comprehensive portfolio of products and services, including MyTab. 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.

Primary

Revolving line of credit for e-commerce purchases and payments

Funding Insights of FuturePay

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

Investments & Acquisitions by FuturePay

Investments
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 - FuturePay

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Futurepay Comparisons

Employees
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Competitors of FuturePay

FuturePay 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 Afterpay, Zip, Klarna, Sunbit and Snap Finance, 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
A buy now pay later service is offered by Afterpay.
domain founded_year HQ Location
Payment solutions are provided for deferred purchasing by Zip.
domain founded_year HQ Location
Point-of-sale financing is facilitated through an online platform for purchases.
domain founded_year HQ Location
Point-of-sale financing is facilitated via an online platform for retailers.
domain founded_year HQ Location
Merchandise financing is offered through partner stores.
domain founded_year HQ Location
Point-of-sale financing is enabled for installment purchases at partnered retailers.
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.

Frequently Asked Questions about FuturePay

When was FuturePay founded?

FuturePay was founded in 2013.

Where is FuturePay located?

FuturePay is headquartered in Lehi, United States. It is registered at Lehi, Utah, United States.

What does FuturePay do?

FuturePay, based in South Jordan, Utah, United States, provides MyTab, a revolving line of credit that allows shoppers to finance online purchases over time. Merchants integrate this service to reduce abandoned carts and boost repeat business through seamless approvals and payments. It serves e-commerce platforms by increasing customer loyalty and lifetime value, while offering flexible financing options.

Who are the top competitors of FuturePay?

FuturePay's top competitors include Sunbit, Klarna and Zip.

What products or services does FuturePay offer?

FuturePay offers MyTab.

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