About Hyperwallet Systems
Hyperwallet Systems is a company based in United States founded in 2000 was acquired by PayPal in June 2018.. Hyperwallet Systems offers products and services including Payout Services and Hyperwallet Technology. Hyperwallet Systems operates in a competitive market with competitors including Gusto, Payoneer, Airwallex, Paylocity and DailyPay, among others.
- Headquarter California, United States
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Sectors
TechnologyFinancial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Paypal, Inc.
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Products & Services of Hyperwallet Systems
Hyperwallet Systems offers a comprehensive portfolio of products and services, including Payout Services and Hyperwallet Technology. 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.
Enables secure global mass payments to recipients like freelancers.
Facilitates quick and compliant international payment processing.
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Funding Insights of Hyperwallet Systems
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2014 | Amount | Private Equity Round - Hyperwallet Systems | Valuation | Primus Capital |
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| 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 Hyperwallet Systems
Hyperwallet Systems has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include PayPal and Primus Capital. 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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Private equity investments are directed toward the US and Canada.
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Founded Year | Domain | Location | |
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Online payment solutions are offered to consumers and businesses.
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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 Hyperwallet Systems
| 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 - Hyperwallet Systems
| 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 |
Hyperwallet Systems Comparisons
Competitors of Hyperwallet Systems
Hyperwallet Systems 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 Gusto, Payoneer, Airwallex, Paylocity and DailyPay, 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 |
Cloud-based HR and payroll solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Cross-border payments are enabled for businesses via diverse payout methods.
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| domain | founded_year | HQ Location |
Cross-border payments are processed for businesses via tools and APIs.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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Developer of an online platform for employee financial benefits
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| domain | founded_year | HQ Location |
Cloud-based procurement and invoice management solutions are offered to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Hyperwallet Systems
Frequently Asked Questions about Hyperwallet Systems
When was Hyperwallet Systems founded?
Hyperwallet Systems was founded in 2000 and raised its 1st funding round 14 years after it was founded.
Where is Hyperwallet Systems located?
Hyperwallet Systems is headquartered in United States. It is registered at California, United States.
What does Hyperwallet Systems do?
Founded in 2000 and based in California, United States, Hyperwallet Systems operates in the financial technology sector. Mass payment solutions are offered, including online and mobile payments, international transfers, card products, and various channels such as cash via agents, check delivery, global bank deposits, direct-to-card options, prepaid cards, and virtual cards. Services support sectors like financial services, business, and government across Canada, the United States, and international markets.
Who are the top competitors of Hyperwallet Systems?
What products or services does Hyperwallet Systems offer?
Hyperwallet Systems offers Payout Services and Hyperwallet Technology.
Who are Hyperwallet Systems's investors?
Hyperwallet Systems has 2 investors. Key investors include PayPal, and Primus Capital.