Korta

Reykjavik, Iceland Founded: 2002 • Age: 24 yrs Acquired By Rapyd
Payment processing solutions for businesses
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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
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Rapyd

    (Apr 20, 2020)

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Funding Insights of Korta

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

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.

All
Institutional
Investor Description Founded Year Domain Location
Global payment solutions are provided by Rapyd to businesses worldwide.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Korta

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Korta

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Korta Comparisons

Employees
+
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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
domain founded_year HQ Location
Teya is focused on providing payment solutions for small businesses.
domain founded_year HQ Location
Mobile and online payment solutions are provided for banks.
domain founded_year HQ Location
Financial technology and payment processing solutions are provided by Equiniti.
domain founded_year HQ Location
Offers secure payment services, tools, and integrations for businesses to handle transactions safely and efficiently.
domain founded_year HQ Location
POS hardware and online payment solutions are provided for businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Korta

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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