JetPay

Carrollton, United States Founded: 2011 • Age: 15 yrs Listed Acquired By NCR
Payment processing services for e-commerce and mobile transactions are offered.

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
  • Sectors
    Retail
    Technology Financial Services
  • Website jetpay.com
  • Social LinkedIn X Facebook
  • Acquired by NCR (Oct 2018)
  • Legal Name Jetpay Corporation
Key Metrics
  • Total Equity Funding
    $18.32M (USD)

    in 2 rounds

  • Latest Funding Round
    $8.32M (USD), Series A

    Jun 2016

  • Investors
    NCR

    & 1 more

  • Employee Count
    228
  • Investments & Acquisitions
  • Acquired by
    NCR

    (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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2016$8.32MSeries A––
–
Oct 2013$10MPrivate Equity Round––
Valuation history

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity firm focused on financial services and healthcare companies
2005flexpointford.comChicago, United States
Banking software suites are provided for financial institutions and banks.
1884ncr.comUnited States
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People of JetPay

57 people are tracked at JetPay (14 in leadership, 43 in team); the tracked headcount is 228.

NameRoleGroup
Katherine Palmer
Vp, Financial Institution Relationship Management, Cardtronics DivisionLeadership
Natalia Buzinova
Executive Director – Global AR Collections And ReportingLeadership
Diana Mehochko
Chief Operations OfficerLeadership
Greg M. Krzemien
Chief Financial OfficerLeadership
Michelle Jenkins
Chief Marketing OfficerLeadership
Andrew Wingrove
Managing Director - Cardtronics DivisionLeadership
Julie Johnson
Tax DirectorLeadership
Joe M.
Vice President Financial InstitutionsLeadership
Douglas Brown
President - NCR Digital BankingLeadership
Andrew Hess
Chief Product ManagerLeadership
Jack Vincent
Director Of Fis And Solution Sales At Ncr, Cardtronics DivisionLeadership
Joseph Soranno
Regional Vp, Financial Institutions Payment ServicesLeadership
Ricky L.
Director, T&t AccountsLeadership
David Morton
Banking NPI Ops DirectorLeadership
Kristy Rosnick
Relationship ManagerTeam
Derek Wesley
Field Support LeadTeam
Hooseini Sogiawala
Escalation ManagerTeam
Mahmoud Eldegwy
Service PlannerTeam
Pasquale Desidero
Vertriebsmanager NCRTeam
Jonathon Davenport
Service TechnicianTeam

37 more people are available in the full profile.

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Bill payment solutions for online and PoS transactions are provided.
collectorsolutions.comPensacola, United States1999Feb 2016β€’β€’β€’β€’
Merchant payment processing services are provided to diverse business types.
acimerchant.comWesterly, United States1989Nov 2014β€’β€’β€’β€’
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Complete acquisition details for JetPay

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  • Exports

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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.

  1. Founded JetPay is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $10.0M.
  4. Acquisition Acquires ACI Merchant Systems.
  5. Acquisition Acquires CollectorSolutions.
  6. Funding Latest funding round, Series A, of $8.3M.
  7. 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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gusto.com2012San Francisco, United States$718.35M5,876
Cloud-based HR and payroll solutions are offered for small businesses.
squareup.com2009San Francisco, United States$519.75M11,372
POS solutions are provided for retail businesses.
shopkeep.com2008New York, United States$162.2M185
Cloud-based point-of-sale software is provided for retailers and restaurants.
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Detailed competitors of JetPay

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Verified entity values are shown only after access is granted.

Web traffic of JetPay

Websites that share an audience with JetPay (jetpay.com).

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
paymentsense.com
100%
37.6K#477,864View details
authorize.net
100%
2.8M#17,289View details
samsclubms.com
samsclubms.com
100%
–
jetpaypayroll.com
jetpaypayroll.com
90%
–
morethanfinances.com
morethanfinances.com
67%
–

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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Point-of-sale financing is facilitated via an online platform for retailers.
2016Los Angeles, California, United StatesUSD 158.63 M576
POS solutions are provided for retail businesses.
2009San Francisco, California, United StatesUSD 519.75 MUSD 24.19 B6,214
Provider of cloud-based POS software solutions for businesses and service providers
1999San Francisco, California, United StatesUSD 923 M2,684
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Related news about 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's top competitors include Gusto, Square and ShopKeep.

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.

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