Lexcel Solutions

Jacksonville, United States Founded: 1997 • Age: 29 yrs Acquired By Clear2Pay
Testing solutions for payment systems are provided to global businesses.
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About Lexcel Solutions

Lexcel Solutions is a company based in Jacksonville (United States) founded in 1997 was acquired by Clear2Pay in June 2011.. Lexcel Solutions operates in a competitive market with competitors including Yethi, Payhuddle, XMLdation, Iliad Solutions and Beijing UnionPay Gold Card Technology, among others.

  • Headquarter Jacksonville, United States
  • Sectors
    Financial Services
  • 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
    Clear2Pay

    (Jun 29, 2011)

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Funding Insights of Lexcel Solutions

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 Lexcel Solutions

Lexcel Solutions has secured backing from 1 investor. Prominent investors backing the company include Clear2Pay. 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
Investor Description Founded Year Domain Location
Payment solutions are delivered to financial institutions by Clear2Pay.
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 Lexcel Solutions

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 - Lexcel Solutions

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

Lexcel Solutions Comparisons

Employees
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Competitors of Lexcel Solutions

Lexcel Solutions 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 Yethi, Payhuddle, XMLdation, Iliad Solutions and Beijing UnionPay Gold Card 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 quality assurance and testing automation services for banking and financial services industries
domain founded_year HQ Location
Provides tools for payment scheme certification and terminal testing in the fintech sector.
domain founded_year HQ Location
Financial transaction messages are tested via a specialized platform.
domain founded_year HQ Location
Offers platforms for testing financial payments, APIs, and certification services.
domain founded_year HQ Location
Offers a system for testing financial and payments products in the industry.
domain founded_year HQ Location
Compliant testing and certification solutions are offered for payment systems.
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 Lexcel Solutions

Frequently Asked Questions about Lexcel Solutions

When was Lexcel Solutions founded?

Lexcel Solutions was founded in 1997.

Where is Lexcel Solutions located?

Lexcel Solutions is headquartered in Jacksonville, United States.

What does Lexcel Solutions do?

Lexcel Solutions was founded in 1997 and is headquartered in Jacksonville, United States. Comprehensive testing services for payment systems are delivered worldwide, encompassing end-to-end electronic funds transfer, automatic teller machines, point-of-sale terminals, issuer and acquirer processes, credit and debit operations, and payment transaction networks. These solutions support businesses in the financial technology sector by ensuring system reliability and compliance.

Who are the top competitors of Lexcel Solutions?

Lexcel Solutions's top competitors include Yethi, Abbrevia and Payhuddle.

Who are Lexcel Solutions's investors?

Lexcel Solutions has 1 investor. Key investors include Clear2Pay.

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