About Network Merchants
Network Merchants is a company based in Roselle (United States) founded in 2001 by Ted Cucci and James McKenzie was acquired by Francisco Partners in September 2017. Network Merchants has raised $54.18 million across 4 funding rounds from investors including Francisco Partners, Insight Partners and Great Hill Partners. Network Merchants has completed 5 acquisitions, including Agreement Express, Creditcall and Dwolla. Network Merchants offers products and services including NMI Payments, Merchant Relationship Management, Payment Gateway, and ScanX / MonitorX. Network Merchants operates in a competitive market with competitors including Flutterwave, Square, SpotOn, Clover and ShopKeep, among others.
- Headquarter Roselle, United States
- Founders Ted Cucci, James McKenzie
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Sectors
RetailFinancial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Network Merchants Ltd.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$54.18 M (USD)
in 4 rounds
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Latest Funding Round
$54.18 M (USD), Private Equity Round
Feb 26, 2022
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Investors
Francisco Partners
& 3 more
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Employee Count
Not available
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Investments & Acquisitions
Agreement Express
& 4 more
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Acquired by
Francisco Partners
(Sep 07, 2017)
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Products & Services of Network Merchants
Network Merchants offers a comprehensive portfolio of products and services, including NMI Payments, Merchant Relationship Management, Payment Gateway, and ScanX / MonitorX.
All-in-one platform for accepting and managing payments securely.
Tools for merchant underwriting and lifecycle management efficiently.
Secure gateway for various payment methods and integrations.
Performs quick risk checks and generates detailed reports.
People of Network Merchants
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Funding Insights of Network Merchants
Network Merchants has successfully raised a total of $54.18M across 4 strategic funding rounds. The most recent funding activity was a Private Equity Round of $54.18 million completed in February 2022. 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.
Investors in Network Merchants
Network Merchants has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Francisco Partners, Insight Partners and Great Hill Partners.
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Investment firm scaling software and technology companies from early to late stages.
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Private equity investment firm focused on technology sector
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Business acquisitions are targeted by the private equity firm.
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Investor details for Network Merchants
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Investments & Acquisitions by Network Merchants
Network Merchants has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Agreement Express, Creditcall and Dwolla.
Investment portfolio details for Network Merchants
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Sales automation software is provided for electronic payment processing.
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Provider of payment gateway solutions for businesses
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New merchant applications are managed and verified via SaaS platform.
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Locked | Locked | 2001 | Locked |
Complete acquisition details for Network Merchants
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Financial Statements - Network Merchants
Detailed financials for Network Merchants
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Network Merchants Comparisons
Peer comparison for Network Merchants
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Competitors of Network Merchants
Network Merchants 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, Square, SpotOn, Clover and ShopKeep, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of payment processing solutions for businesses
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POS solutions are provided for retail businesses.
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Provider of cloud-based POS software solutions for businesses and service providers
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Cloud-based mPOS system for small business operations is offered.
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Cloud-based point-of-sale software is provided for retailers and restaurants.
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Payment processing and treasury management solutions are offered to businesses.
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Detailed competitors of Network Merchants
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Verified entity values are shown only after access is granted.
Latest news on Network Merchants
Complete news archive for Network Merchants
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Frequently Asked Questions about Network Merchants
Network Merchants was founded in 2001 and raised its 1st funding round 12 years after it was founded.
Network Merchants is headquartered in Roselle, United States. It is registered at Roselle, New Jersey, United States.
Vijay Sondhi is the current CEO of Network Merchants.
Network Merchants is a funded company, having raised a total of $54.18M across 4 funding rounds to date.
Network Merchants, LLC, was founded in 2001 and is headquartered in Roselle, United States. Payment gateway solutions are developed and maintained for e-commerce companies processing real-time online transactions worldwide. A suite of services is delivered through distribution channels including financial institutions, ISOsMSPs, payment processors, VARs, and developers. An open-architecture design is utilized, enabling affiliate partners to retain branding while earning residuals on merchant processing without internal competition.
Network Merchants's top competitors include Flutterwave, Square and SpotOn.
Network Merchants offers NMI Payments, Merchant Relationship Management, Payment Gateway, and ScanX / MonitorX.
Network Merchants has made 5 acquisitions, including Agreement Express, Creditcall, and Dwolla.
Network Merchants has 4 investors. Key investors include Francisco Partners, Insight Partners, Great Hill Partners, and Bregal Sagemount.