About JetPay
JetPay is a company based in Carrollton (United States) founded in 2011 was acquired by NCR in October 2018.. JetPay has raised $18.32 million across 2 funding rounds from investors including NCR and Flexpoint Ford. The company has 228 employees as of December 31, 2018. JetPay has completed 2 acquisitions, including ACI Merchant Systems and CollectorSolutions. JetPay operates in a competitive market with competitors including Gusto, Square, ShopKeep, Paylocity and Justworks, among others.
- Headquarter Carrollton, United States
- Employees 228 as on 31 Dec, 2018
- Stage Public
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Sectors
RetailTechnology Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Jetpay Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.32 M (USD)
in 2 rounds
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Latest Funding Round
$8.32 M (USD), Series A
Jun 02, 2016
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Investors
NCR
& 1 more
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Employee Count
228
as on Dec 31, 2018
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Investments & Acquisitions
ACI Merchant Systems
& 1 more
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Acquired by
NCR
(Oct 22, 2018)
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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 Total Funding
- Total Rounds 2
- Last Round Series A — $8.3M
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First Round
First Round
(11 Oct 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Series A - JetPay | Valuation |
investors |
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| Oct, 2013 | Amount | Private Equity Round - JetPay | Valuation |
investors |
| 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 JetPay
JetPay has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include NCR and Flexpoint Ford. 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 firm focused on financial services and healthcare companies
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Founded Year | Domain | Location | |
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Banking software suites are provided for financial institutions and banks.
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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.
|
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 JetPay
JetPay has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ACI Merchant Systems and CollectorSolutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bill payment solutions for online and PoS transactions are provided.
|
1999 | ||||
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Merchant payment processing services are provided to diverse business types.
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1989 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - JetPay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Jetpay Comparisons
Competitors of JetPay
JetPay 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, Square, ShopKeep, Paylocity and Justworks, 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 |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Cloud-based point-of-sale software is provided for retailers and restaurants.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
Real-time access to earned wages is provided fee-free.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 Jetpay
Frequently Asked Questions about JetPay
When was JetPay founded?
JetPay was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is JetPay located?
JetPay is headquartered in Carrollton, United States. It is registered at Carrollton, Texas, United States.
Is JetPay a funded company?
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 11, 2013.
How many employees does JetPay have?
As of Dec 31, 2018, the latest employee count at JetPay is 228.
What does JetPay do?
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.
How many acquisitions has JetPay made?
JetPay has made 2 acquisitions, including ACI Merchant Systems, and CollectorSolutions.
Who are JetPay's investors?
JetPay has 2 investors. Key investors include NCR, and Flexpoint Ford.
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