About Inspire Payments
Inspire Payments is a Financial Services company based in United Kingdom founded in 2019. POS hardware payment solutions for businesses with countertop, Epos, and mobile GPRS. Inspire Payments has raised $23.99 million across 1 funding round. Inspire Payments offers products and services including Broadband, Voice Services, Mobile Services, Energy Services, and Water Services. Its focus areas include FinTech, Payments, Business Payments and POS Payments. Its legal entity is Verastar Limited. Its competitors include SumUp, Miura Systems and Dojo; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2019 in the United Kingdom, Inspire Payments operates in the payment technology sector. POS hardware solutions are supplied to businesses, encompassing countertop terminals, Epos system integrations, and mobile GPRS devices. These offerings support secure transaction processing in retail and service environments. Operations are centered in the UK, with a focus on hardware tailored to diverse business needs.
- Headquarters United Kingdom
- SectorsFinancial Services
- Website inspirepayments.com
- Social LinkedIn X Facebook
- Legal Name Verastar Limited
- Total Equity Funding$23.99M (USD)
in 1 rounds
- Latest Funding Round$23.99M (USD), Series B
Jul 2023
Products & Services of Inspire Payments
Inspire Payments offers a comprehensive portfolio of products and services, including Broadband, Voice Services, Mobile Services, Energy Services, and Water Services.
Provides internet connectivity for business operations.
Offers phone and communication solutions for businesses.
Delivers mobile plans tailored for small businesses.
Supplies gas and electricity with simplified billing.
Manages water supply for business needs.
Provides business insurance coverage options.
Handles payment processing for transactions.
Funding Insights of Inspire Payments
Inspire Payments has successfully raised a total of $23.99M through 1 strategic funding round. The most recent funding activity was a Series B round of $23.99 million completed in July 2023. 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 $23.99M
- Total Rounds 1
- Last Round Series B — $23.99M
- First Round $23.99M
(Jul 2023)
All 1 funding rounds of Inspire Payments with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $23.99M | Series B | – | – | – |
Timeline of Inspire Payments
2 dated milestones of Inspire Payments across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Inspire Payments is founded.
- Funding First funding round of $24.0M.
Competitors of Inspire Payments
Inspire Payments has 3 listed competitors in our database, 3 of them funded. They include SumUp, Miura Systems and Dojo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sumup.com | 2012 | London, United Kingdom | $996.66M | Provider of mPOS solution and card reader for offline retailers | ||
| miurasystems.com | 2008 | High Wycombe, United Kingdom | $16M | 39 | SD starts with small case | |
| dojo.tech | 2019 | London, United Kingdom | $190M | 1,130 | Hardware-based POS terminals are supplied for merchants and businesses. |
Detailed competitors of Inspire Payments
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 Inspire Payments
The website of Inspire Payments (inspirepayments.com) receives about 2.5K visits a month.
- Monthly visits2.5K
▲ 334.1% vs previous month
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Frequently Asked Questions about Inspire Payments
Inspire Payments was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Inspire Payments is headquartered in United Kingdom.
Inspire Payments is a funded company, having raised a total of $23.99M across 1 funding round to date. The company's 1st funding round was a Series B of $23.99M, raised on Jul 2023.
Founded in 2019 in the United Kingdom, Inspire Payments operates in the payment technology sector. POS hardware solutions are supplied to businesses, encompassing countertop terminals, Epos system integrations, and mobile GPRS devices. These offerings support secure transaction processing in retail and service environments. Operations are centered in the UK, with a focus on hardware tailored to diverse business needs.
Inspire Payments's top competitors include SumUp, Dojo and Miura Systems.
Inspire Payments offers Broadband, Voice Services, Mobile Services, Energy Services, and 3 more products and services.
Inspire Payments operates through Verastar Limited.