Lexcel Solutions

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

About Lexcel Solutions

Lexcel Solutions is a Financial Services company based in Jacksonville (United States) founded in 1997, and was acquired by Clear2Pay in June 2011. Testing solutions for payment systems are provided to global businesses. The company was acqui-hired. Its focus areas include FinTech, Payments, Enablers and Payment Systems Testing.

Company details

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.

  • Headquarters Jacksonville, United States
  • Stage Acquired
  • Sectors
    Financial Services
  • Website lexcel.com
  • Acquired by Clear2Pay (Jun 2011)
Key Metrics

Investors in Lexcel Solutions

Lexcel Solutions has secured backing from 1 investor. Prominent investors backing the company include Clear2Pay.

All
InvestorDescriptionFounded YearDomainLocation
Payment solutions are delivered to financial institutions by Clear2Pay.
2001clear2pay.comBrussels, Belgium
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Investor details for Lexcel Solutions

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Timeline of Lexcel Solutions

2 dated milestones of Lexcel Solutions across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Lexcel Solutions is founded.
  2. Exit Acquired by Clear2Pay.

Top companies in Payments & Remittance Platforms

3 companies that operate in the same segment as Lexcel Solutions (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B16,622
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B3,108
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 5.07 B6,209
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Frequently Asked Questions about Lexcel Solutions

Lexcel Solutions was founded in 1997.

Lexcel Solutions is headquartered in Jacksonville, United States.

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.

Lexcel Solutions has 1 investor. Key investors include Clear2Pay.

Yes. Lexcel Solutions was acquired by Clear2Pay in June 2011.

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