About Northeast Merchant Systems
Northeast Merchant Systems is a company based in Sturbridge (United States) founded in 1990 was acquired by GreenBox POS in May 2021.. The company has 3 employees as of December 31, 2021. Northeast Merchant Systems operates in a competitive market with competitors including Square, Flutterwave, Modern Treasury, HighRadius and Wright Express, among others.
- Headquarter Sturbridge, United States
- Employees 3 as on 31 Dec, 2021
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
3
as on Dec 31, 2021
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Acquired by
GreenBox POS
(May 25, 2021)
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Funding Insights of Northeast Merchant Systems
| 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 Northeast Merchant Systems
Northeast Merchant Systems has secured backing from 1 investor. Prominent investors backing the company include RYVYL. 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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RYVYL is recognized as a technology company offering payment solutions.
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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 Northeast Merchant Systems
| 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 - Northeast Merchant Systems
| 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 |
Northeast Merchant Systems Comparisons
Competitors of Northeast Merchant Systems
Northeast Merchant Systems 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 Square, Flutterwave, Modern Treasury, HighRadius and Wright Express, 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 |
POS solutions are provided for retail 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 |
Payment processing and treasury management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Autonomous finance and payment solutions are provided to businesses.
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| domain | founded_year | HQ Location |
Employee benefit administration and payment solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
White-label payment gateways are built for global e-commerce transactions.
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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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Latest news on Northeast Merchant Systems
Frequently Asked Questions about Northeast Merchant Systems
When was Northeast Merchant Systems founded?
Northeast Merchant Systems was founded in 1990.
Where is Northeast Merchant Systems located?
Northeast Merchant Systems is headquartered in Sturbridge, United States. It is registered at Sturbridge, Massachusetts, United States.
Who is the current CEO of Northeast Merchant Systems?
Michael Sosik is the current CEO of Northeast Merchant Systems.
How many employees does Northeast Merchant Systems have?
As of Dec 31, 2021, the latest employee count at Northeast Merchant Systems is 3.
What does Northeast Merchant Systems do?
Northeast Merchant Systems was founded in 1990 and is based in Sturbridge, United States. Solutions for payment card acceptance and processing are delivered to support business operations. Products such as processing equipment, point-of-sale devices, and merchant accounts are supplied to handle customer payments. The focus remains on the financial technology sector, with services aimed at enabling efficient transaction management across various merchant needs.
Who are the top competitors of Northeast Merchant Systems?
Northeast Merchant Systems's top competitors include Flutterwave, Square and Modern Treasury.
Who are Northeast Merchant Systems's investors?
Northeast Merchant Systems has 1 investor. Key investors include RYVYL.