About More payment evolution
More payment evolution is a company based in Montevideo (Uruguay) founded in 2003 was acquired by UniTeller in May 2025.. More payment evolution offers products and services including Payouts, Payins, and Remittances. More payment evolution operates in a competitive market with competitors including Payoneer, Ebury, Airwallex, Flywire and Tipalti, among others.
- Headquarter Montevideo, Uruguay
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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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Social
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Products & Services of More payment evolution
More payment evolution offers a comprehensive portfolio of products and services, including Payouts, Payins, and Remittances. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables global payments to bank accounts and e-wallets
API for accepting cards, transfers, and e-wallets globally
App-based service for sending and receiving funds worldwide
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Funding Insights of More payment evolution
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 More payment evolution
More payment evolution has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Banorte and UniTeller. 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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Commercial banking services are provided to individuals and corporations.
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Online platform for remittances
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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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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by More payment evolution
| 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 - More payment evolution
| 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 |
More Payment Evolution Comparisons
Competitors of More payment evolution
More payment evolution 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 Payoneer, Ebury, Airwallex, Flywire and Tipalti, 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 |
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| domain | founded_year | HQ Location |
Cross-border payments are enabled for businesses via diverse payout methods.
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| domain | founded_year | HQ Location |
Forex risk management and payment solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cross-border payments are processed for businesses via tools and APIs.
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| domain | founded_year | HQ Location |
Flywire is recognized as a global payments and software expert.
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| domain | founded_year | HQ Location |
Cloud-based procurement and invoice management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Global payment solutions are provided by Rapyd to businesses worldwide.
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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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Latest news on More Payment Evolution
Frequently Asked Questions about More payment evolution
When was More payment evolution founded?
More payment evolution was founded in 2003.
Where is More payment evolution located?
More payment evolution is headquartered in Montevideo, Uruguay.
Who is the current CEO of More payment evolution?
Sergio Perez Ruiz is the current CEO of More payment evolution.
What does More payment evolution do?
Cross-border payment processing solution for businesses. Offers tech-based payment transfer services and solutions. Provides customized payment solution for global payments, allowing customers to pay in local currency, merchants can request single or massive payouts through API, beneficiaries receive funds in their bank account, wallet, cash pick up points, allows merchants to generate immediate payouts to their customers, providers, and more.
Who are the top competitors of More payment evolution?
What products or services does More payment evolution offer?
More payment evolution offers Payouts, Payins, and Remittances.
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