About Korta
Korta is a company based in Reykjavik (Iceland) founded in 2002 was acquired by Rapyd in April 2020.. Korta operates in a competitive market with competitors including Flutterwave, Teya, UnionPay Intl, Equiniti and Gala Technology, among others.
- Headquarter Reykjavik, Iceland
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Funding Insights of Korta
| 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 Korta
Korta has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Rapyd. 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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Global payment solutions are provided by Rapyd to businesses worldwide.
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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.
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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 Korta
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Korta
| 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 |
Korta Comparisons
Competitors of Korta
Korta 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 Flutterwave, Teya, UnionPay Intl, Equiniti and Gala Technology, 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 |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Teya is focused on providing payment solutions for small businesses.
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| domain | founded_year | HQ Location |
Mobile and online payment solutions are provided for banks.
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| domain | founded_year | HQ Location |
Financial technology and payment processing solutions are provided by Equiniti.
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| domain | founded_year | HQ Location |
Offers secure payment services, tools, and integrations for businesses to handle transactions safely and efficiently.
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| domain | founded_year | HQ Location |
POS hardware and online payment solutions are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Korta
When was Korta founded?
Korta was founded in 2002.
Where is Korta located?
Korta is headquartered in Reykjavik, Iceland.
What does Korta do?
Korta was founded in 2002 in Reykjavik, Iceland, within the fintech sector focused on payments. Operations encompass payment gateways, link-based payments, mass payouts, and telephonic payments for business use. Credit and debit card settlement transactions are processed, with integrations provided for accounting systems to handle transfer settlements. The domain korta.is supports these services regionally.
Who are the top competitors of Korta?
Korta's top competitors include Flutterwave, Teya and Equiniti.
Who are Korta's investors?
Korta has 1 investor. Key investors include Rapyd.
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