Hyperwallet Systems

California, United States Founded: 2000 • Age: 26 yrs Acquired By PayPal
Mass payment solutions are delivered to organizations worldwide.

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
  • Sectors
    Technology
    Financial Services
  • Website category Finance · Banking Credit and Lending
  • Website hyperwallet.com
  • Social LinkedIn X Facebook
  • Acquired by PayPal (Jun 2018)
  • Legal Name Paypal, Inc.
Key Metrics

Products & Services of Hyperwallet Systems

Hyperwallet Systems offers a comprehensive portfolio of products and services, including Payout Services and Hyperwallet Technology.

Payout Services
Payment Platform

Enables secure global mass payments to recipients like freelancers.

Hyperwallet Technology
Payout Infrastructure

Facilitates quick and compliant international payment processing.

Funding Insights of Hyperwallet Systems

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Hyperwallet Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2014–Private Equity Round–Primus Capital
–
Valuation history

2 investors in total: 2 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity investments are directed toward the US and Canada.
–primuscapital.comCleveland, United States
Online payment solutions are offered to consumers and businesses.
1998paypal.comSan Jose, United States
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Investor details for Hyperwallet Systems

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Hyperwallet Systems

14 people are tracked at Hyperwallet Systems (7 in leadership, 7 in team).

NameRoleGroup
Allen MacDonald
Director Of Facilities & Service OperationsLeadership
Simon Banks
Managing Director, Hyperwallet Systems Australia Pty LtdLeadership
David Koch
Chief Application ArchitectLeadership
Monique Barszcz
Vice President, Client CareLeadership
Miguel Jaimes
Customer Success, DirectorLeadership
Jas D.
Director Of Product ManagementLeadership
Kam Clair
Director Contact CentreLeadership
Tammy Siu
Senior Software DeveloperTeam
Fiona Shields
Web Content ManagerTeam
Mona Gilligan
Risk And Service Delivery ManagerTeam
Crystal Alagwu
Manager, Global Technical SupportTeam
Francois Foglierini
Customer Support SpecialistTeam
Carles Hudson
Senior Quality Assurance AnalystTeam
Francisco Fuentes
Production Support SpecialistTeam
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Complete people profiles for Hyperwallet Systems

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Hyperwallet Systems

3 dated milestones of Hyperwallet Systems across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded Hyperwallet Systems is founded.
  2. Funding First funding round.
  3. Exit Acquired by PayPal.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gusto.com2012San Francisco, United States$718.35M5,876
Cloud-based HR and payroll solutions are offered for small businesses.
payoneer.com2005New York, United States$269M2,407
Cross-border payments are enabled for businesses via diverse payout methods.
airwallex.com2015Singapore$1.25B–
Cross-border payments are processed for businesses via tools and APIs.
paylocity.com1997Arlington Heights, United States$37.28M4,150
Cloud-based payroll and HR solutions are provided for businesses.
dailypay.com2015New York, United States$269M845
Developer of an online platform for employee financial benefits
tipalti.com2010Foster, United States$553M360
Cloud-based procurement and invoice management solutions are offered to businesses.
justworks.com2012New York, United States$147.52M55,459
Benefits administration and payroll management are provided for businesses.
flywire.com2009Boston, United States$283.35M1,250
Flywire is recognized as a global payments and software expert.
earnin.com2012Palo Alto, United States$190.1M242
Real-time access to earned wages is provided fee-free.
rapyd.net2016London, United Kingdom$1.26B–
Global payment solutions are provided by Rapyd to businesses worldwide.
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Detailed competitors of Hyperwallet Systems

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Hyperwallet Systems

The website of Hyperwallet Systems (hyperwallet.com) receives about 1.9M visits a month and ranks #25,855 among all websites worldwide, #1,667 in Banking Credit and Lending.

  • Monthly visits
    1.9M

    ▲ 9% vs previous month

  • Unique visitors
    702.4K

    per month

  • Global rank
    #25,855

    among all websites

  • Category rank
    #1,667

    Finance · Banking Credit and Lending

Similar websites

Websites whose visitors overlap most with Hyperwallet Systems. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
achprocessing.com
100%
–#9,783,505View details
neach.org
neach.org
100%
–#2,622,579–
paypal.com
97%
487.9M#58View details
sparkasse.at
82%
–#12,265View details
giropay.de
82%
––View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 38 similar websites and full traffic analytics for Hyperwallet Systems

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 38 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Hyperwallet Systems

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Complete news archive for Hyperwallet Systems

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Hyperwallet Systems

10 companies that operate in the same segment as Hyperwallet Systems (HR & Workforce Technology), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M––
Cloud-based LMS platform for IT industry
2004Farmington, United StatesUSD 235.41 MUSD 4.95 M260
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M––
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M––
Cloud-based HR and financial software is delivered to enterprises.
2005Pleasanton, California, United StatesUSD 352.3 MUSD 9.53 B20,400
Businesses are connected with freelancers via an online marketplace.
1999San Francisco, California, United StatesUSD 140 MUSD 787.78 M600
Tech-enabled mental health solutions for employers are provided.
2016New York, New York, United StatesUSD 508.73 M––
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Cloud-based HRMS software is offered for small and medium-sized businesses.
2016Barcelona, Catalonia, SpainUSD 369.25 M––
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Frequently Asked Questions about Hyperwallet Systems

Hyperwallet Systems was founded in 2000 and raised its 1st funding round 14 years after it was founded.

Hyperwallet Systems is headquartered in United States. It is registered at California, United States.

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.

Hyperwallet Systems's top competitors include Gusto, Payoneer and Airwallex.

Hyperwallet Systems offers Payout Services and Hyperwallet Technology.

Hyperwallet Systems has 2 investors. Key investors include PayPal, and Primus Capital.

Hyperwallet Systems operates through Paypal, Inc..

Yes. Hyperwallet Systems was acquired by PayPal in June 2018.

The website of Hyperwallet Systems receives about 1.9 million visits a month and ranks #25,855 among all websites worldwide.

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