Gust Pay

London, United Kingdom Founded: 2012 • Age: 14 yrs
Offers payment solutions via smartphones or NFC wristbands.
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About Gust Pay

Gust Pay is a company based in London (United Kingdom) founded in 2012 by Werner van Zyl, Jan Pool, and Joe Botha. It operates as a B2C. Gust Pay has raised $120 thousand across 1 funding round from investors including Techstars. Gust Pay operates in a competitive market with competitors including Kerv, FitPay, PayinTech, Intellitix and INAMO, among others.

  • Headquarter London, United Kingdom
  • Founders Werner van Zyl, Jan Pool, Joe Botha
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Gust Pay Limited
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $120 K (USD)

    in 1 rounds

  • Latest Funding Round
    $120 K (USD), Seed

    Jun 11, 2014

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Gust Pay

Gust Pay has successfully raised a total of $120K through 1 strategic funding round. The most recent funding activity was a Seed round of $120 thousand completed in June 2014. 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.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $120,000
  • First Round

    (11 Jun 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2014 Amount Seed - Gust Pay Valuation Techstars
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 Gust Pay

Gust Pay has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
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 Gust Pay

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 - Gust Pay

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

Gust Pay Comparisons

Employees
+
Add Comparison
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Competitors of Gust Pay

Gust Pay 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 Kerv, FitPay, PayinTech, Intellitix and INAMO, 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
Contactless payment rings are manufactured for wearable transactions.
domain founded_year HQ Location
GPS navigation devices and wearable technology are manufactured.
domain founded_year HQ Location
Wearable payment solutions are offered by PayinTech for cashless transactions.
domain founded_year HQ Location
Mobile app and API security solutions are provided by Intellitix.
domain founded_year HQ Location
Wearable solutions for contactless payments and object tracking are offered.
domain founded_year HQ Location
eTopaz provides online sports betting services in Azerbaijan with user-friendly features.
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 Gust Pay

Frequently Asked Questions about Gust Pay

When was Gust Pay founded?

Gust Pay was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Where is Gust Pay located?

Gust Pay is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of Gust Pay?

Joe Botha is the current CEO of Gust Pay. They have also founded this company.

Is Gust Pay a funded company?

Gust Pay is a funded company, having raised a total of $120K across 1 funding round to date. The company's 1st funding round was a Seed of $120K, raised on Jun 11, 2014.

What does Gust Pay do?

Gust Pay operates with a B2C model, focusing on offering financial products and advice, facilitating payment transactions, digital payments, and mobile solutions. Offers payment solutions via smartphones or NFC wristbands. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Who are the top competitors of Gust Pay?

Gust Pay's top competitors include Kerv, FitPay and PayinTech.

Who are Gust Pay's investors?

Gust Pay has 1 investor. Key investors include Techstars.

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