About My Payment Network
My Payment Network is a company based in Madison (United States) founded in 2005.. My Payment Network has raised $200 thousand across 2 funding rounds from investors including Innovation Works and Arc Capital Development. My Payment Network offers products and services including Payment Software and Secure Payment Solution. My Payment Network operates in a competitive market with competitors including Stripe, Square, PayPal, Flutterwave and PayU, among others.
- Headquarter Madison, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name My Payment Network, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$200 K (USD)
in 2 rounds
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Latest Funding Round
$200 K (USD), Seed
Jul 23, 2008
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Investors
Innovation Works
& 1 more
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Employee Count
Employee Count
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Products & Services of My Payment Network
My Payment Network offers a comprehensive portfolio of products and services, including Payment Software and Secure Payment Solution. 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.
Software for secure online payments and reconciliation reports.
Platform enabling payments via websites, mobile, and social media.
Funding Insights of My Payment Network
My Payment Network has successfully raised a total of $200K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $200 thousand completed in July 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $200,000
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2008 | Amount | Seed - My Payment Network | Valuation |
investors |
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| Nov, 2006 | Amount | Seed - My Payment Network | Valuation |
investors |
| 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 My Payment Network
My Payment Network has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Innovation Works and Arc Capital Development. 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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Software, hardware, and life sciences startups are funded and accelerated.
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Founded Year | Domain | Location | |
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Early-stage centric life sciences and tech focused micro-VC firm investing in geographies such as the US, Asia and Europe
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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 My Payment Network
| 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 - My Payment Network
| 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 |
My Payment Network Comparisons
Competitors of My Payment Network
My Payment Network 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 Stripe, Square, PayPal, Flutterwave and PayU, 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 |
Payment processing and card issuance solutions are provided for businesses.
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| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Online payment solutions are offered to consumers and businesses.
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment processing and treasury management solutions are offered to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 My Payment Network
When was My Payment Network founded?
My Payment Network was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Where is My Payment Network located?
My Payment Network is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.
Is My Payment Network a funded company?
My Payment Network is a funded company, having raised a total of $200K across 2 funding rounds to date.
What does My Payment Network do?
My Payment Network was founded in 2005 in Madison, United States. Payment acceptance solutions are delivered to non-retail sectors, including schools, small-to-medium service businesses, groups, and nonprofits. Core software encompasses virtual terminals, electronic invoicing, and customer management tools. SchoolPay supports education districts at an enterprise level, synchronizing data with student information systems, general ledgers, and cafeteria software for unified payment tracking. PCI-DSS compliant white label solutions are offered to businesses.
Who are the top competitors of My Payment Network?
My Payment Network's top competitors include Stripe, PayU and Flutterwave.
What products or services does My Payment Network offer?
My Payment Network offers Payment Software and Secure Payment Solution.
Who are My Payment Network's investors?
My Payment Network has 2 investors. Key investors include Innovation Works, and Arc Capital Development.