Interac

Toronto, Canada Founded: 1984 • Age: 42 yrs
Canadas national debit payment network is operated by Interac.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 5 Brand Intelligence

About Interac

Interac is a company based in Toronto (Canada) founded in 1984. Interac has completed 1 acquisition, including 2Keys. Interac offers products and services including Interac Debit, Interac e-Transfer, and Interac Direct. Interac operates in a competitive market with competitors including Visa, Mastercard, Ficanex and Olive, among others.

  • Headquarter Toronto, Canada
  • Sectors
    Financial Services
  • Phone
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  • Website
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  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
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  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Interac

Interac offers a comprehensive portfolio of products and services, including Interac Debit, Interac e-Transfer, and Interac Direct.

Product name locked
Category locked
Primary

Enables secure debit transactions for everyday purchases.

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Facilitates fast and secure online money sending and receiving.

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Allows card-free payments directly from bank accounts.

People of Interac

Headcount 200-500
Employee Profiles 257
Employee Profiles
People
Colton Kelly
HR Platforms & Technology, Senior Specialist
People
Anuj Dhall
Group Head & CTO Interac
People
Mandeep Mand
Innovation Lead
People
Nisrine Labcir
Innovation Lead

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Funding Insights of Interac

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Detailed funding history for Interac

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
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Investments & Acquisitions by Interac

Interac has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include 2Keys.

Investments
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Investment portfolio details for Interac

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of security analytics platform
Locked Locked 1998 Locked
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Complete acquisition details for Interac

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Interac

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Detailed financials for Interac

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  • Profit trends
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Interac Comparisons

Interac Primary company
Description
Canada's national debit payment network is operated by Inter...
Location
Toronto, Canada
Founded Year
1984
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Interac

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Competitors of Interac

Interac 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 Visa, Mastercard, Ficanex and Olive, among others.

Company Name Domain Founded year HQ Location Description
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Digital payment solutions are offered to individuals and businesses.
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Global payments are processed via card network connections.
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Network of ATMs
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Technology evaluation is facilitated via a web-based platform.
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Detailed competitors of Interac

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Latest news on Interac

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Complete news archive for Interac

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Frequently Asked Questions about Interac

Interac was founded in 1984.

Interac is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Interac is a Canadian National card network service provider. It is responsible for the development and operations of the Interac network, a national payment network that allows Canadians to access their money at ABMs through the Interac Cash service and at point-of-sale terminals across Canada through the Interac Debit service. Interac Debit also includes Interac Flash, a secure contactless enhancement that allows Canadians to pay for items instantly by holding their cards at point-of-sale readers that support Interac Flash. It also offers a secure money transfer service between accounts in the financial institutions in the network, a hosted payment gateway page to merchants which enable direct debit from the Interac partnered financial institutions. Enables secure transactions through Tokenization.

Interac's top competitors include Visa, Mastercard and Olive.

Interac offers Interac Debit, Interac e-Transfer, and Interac Direct.

Interac has made 1 acquisition, including 2Keys.

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