About JetPay
JetPay is a Retail company based in Carrollton (United States) founded in 2011, and was acquired by NCR in October 2018. Payment processing services for e-commerce and mobile transactions are offered. It operates in the Retail, Technology, and Financial Services sectors. JetPay has raised $18.32 million across 2 funding rounds from investors including NCR and Flexpoint Ford. The company has 228 employees. JetPay has completed 2 acquisitions, including ACI Merchant Systems and CollectorSolutions. Its focus areas include FinTech, Payments, Business Payments and POS Payments. Its legal entity is JETPAY CORPORATION. Its competitors include Gusto, Square and ShopKeep; 3 of its 3 listed competitors have raised funding.
Company details
JetPay was founded in 2011 and is headquartered in Carrollton, United States. Operations focus on the financial services sector, where end-to-end payment processing is handled for debit and credit cards in e-commerce, card-not-present, card-present, and mobile environments. Additional services include recurring payments, payroll management, tax filings, time and attendance tracking, benefits administration, prepaid cards, fund transfers, and loan funding. Settlement and virtual terminal solutions are also provided.
- Headquarters Carrollton, United States
- Employees 228
- Stage Acquired
- SectorsRetailTechnology Financial Services
- Website jetpay.com
- Social LinkedIn X Facebook
- Acquired by NCR (Oct 2018)
- Legal Name Jetpay Corporation
- Total Equity Funding$18.32M (USD)
in 2 rounds
- Latest Funding Round$8.32M (USD), Series A
Jun 2016
- InvestorsNCR
& 1 more
- Employee Count228
- Investments & AcquisitionsACI Merchant Systems
& 1 more
- Acquired byNCR
(Oct 2018)
Funding Insights of JetPay
JetPay has successfully raised a total of $18.32M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8.32 million completed in June 2016. 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 $18.32M
- Total Rounds 2
- Last Round Series A β $8.32M
- First Round $10M
(Oct 2013)
- Investors Count 1
All 2 funding rounds of JetPay 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 |
|---|---|---|---|---|---|
| Jun 2016 | $8.32M | Series A | β | β | β |
| Oct 2013 | $10M | Private Equity Round | β | β |
2 investors in total: 2 institutional.
Investors in JetPay
JetPay has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include NCR and Flexpoint Ford.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on financial services and healthcare companies | 2005 | flexpointford.com | Chicago, United States | |
Banking software suites are provided for financial institutions and banks. | 1884 | ncr.com | United States |
Investor details for JetPay
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People of JetPay
57 people are tracked at JetPay (14 in leadership, 43 in team); the tracked headcount is 228.
| Name | Role | Group |
|---|---|---|
Katherine Palmer | Vp, Financial Institution Relationship Management, Cardtronics Division | Leadership |
Natalia Buzinova | Executive Director – Global AR Collections And Reporting | Leadership |
Diana Mehochko | Chief Operations Officer | Leadership |
Greg M. Krzemien | Chief Financial Officer | Leadership |
Michelle Jenkins | Chief Marketing Officer | Leadership |
Andrew Wingrove | Managing Director - Cardtronics Division | Leadership |
Julie Johnson | Tax Director | Leadership |
Joe M. | Vice President Financial Institutions | Leadership |
Douglas Brown | President - NCR Digital Banking | Leadership |
Andrew Hess | Chief Product Manager | Leadership |
Jack Vincent | Director Of Fis And Solution Sales At Ncr, Cardtronics Division | Leadership |
Joseph Soranno | Regional Vp, Financial Institutions Payment Services | Leadership |
Ricky L. | Director, T&t Accounts | Leadership |
David Morton | Banking NPI Ops Director | Leadership |
Kristy Rosnick | Relationship Manager | Team |
Derek Wesley | Field Support Lead | Team |
Hooseini Sogiawala | Escalation Manager | Team |
Mahmoud Eldegwy | Service Planner | Team |
Pasquale Desidero | Vertriebsmanager NCR | Team |
Jonathon Davenport | Service Technician | Team |
37 more people are available in the full profile.
Complete people profiles for JetPay
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Investments & Acquisitions by JetPay
JetPay has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ACI Merchant Systems and CollectorSolutions.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Bill payment solutions for online and PoS transactions are provided. | collectorsolutions.com | Pensacola, United States | 1999 | Feb 2016 | β’β’β’β’ | |
Merchant payment processing services are provided to diverse business types. | acimerchant.com | Westerly, United States | 1989 | Nov 2014 | β’β’β’β’ |
Complete acquisition details for JetPay
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Timeline of JetPay
7 dated milestones of JetPay across 7 years, from founding to its latest funding, stage changes and deals.
- Founded JetPay is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $10.0M.
- Acquisition Acquires ACI Merchant Systems.
- Acquisition Acquires CollectorSolutions.
- Funding Latest funding round, Series A, of $8.3M.
- Exit Acquired by NCR.
Competitors of JetPay
JetPay has 3 listed competitors in our database, 3 of them funded. They include Gusto, Square and ShopKeep.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gusto.com | 2012 | San Francisco, United States | $718.35M | 5,876 | Cloud-based HR and payroll solutions are offered for small businesses. | |
| squareup.com | 2009 | San Francisco, United States | $519.75M | 11,372 | POS solutions are provided for retail businesses. | |
| shopkeep.com | 2008 | New York, United States | $162.2M | 185 | Cloud-based point-of-sale software is provided for retailers and restaurants. |
Detailed competitors of JetPay
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Web traffic of JetPay
Websites that share an audience with JetPay (jetpay.com).
Websites whose visitors overlap most with JetPay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| paymentsense.com | 100% | 37.6K | #477,864 | View details | |
| authorize.net | 100% | 2.8M | #17,289 | View details | |
samsclubms.com | samsclubms.com | 100% | β | ||
jetpaypayroll.com | jetpaypayroll.com | 90% | β | ||
morethanfinances.com | morethanfinances.com | 67% | β |
Top companies in Autonomous & In-Store Retail Tech
3 companies that operate in the same segment as JetPay (Autonomous & In-Store Retail Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | 576 | ||
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | 2,684 |
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Related news about Jetpay
Complete news archive for JetPay
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Frequently Asked Questions about JetPay
JetPay was founded in 2011 and raised its 1st funding round 2 years after it was founded.
JetPay is headquartered in Carrollton, United States. It is registered at Carrollton, Texas, United States.
JetPay is a funded company, having raised a total of $18.32M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $10M, raised on Oct 2013.
JetPay has 228 employees.
JetPay was founded in 2011 and is headquartered in Carrollton, United States. Operations focus on the financial services sector, where end-to-end payment processing is handled for debit and credit cards in e-commerce, card-not-present, card-present, and mobile environments. Additional services include recurring payments, payroll management, tax filings, time and attendance tracking, benefits administration, prepaid cards, fund transfers, and loan funding. Settlement and virtual terminal solutions are also provided.
JetPay has made 2 acquisitions, including ACI Merchant Systems, and CollectorSolutions.
JetPay has 2 investors. Key investors include NCR, and Flexpoint Ford.
JetPay operates through Jetpay Corporation.
Yes. JetPay was acquired by NCR in October 2018.

