About NovoPayment
NovoPayment is a company based in Miami (United States) founded in 2004.. NovoPayment has raised $60.4 million across 3 funding rounds from investors including Visa, Morgan Stanley and Fuel Venture Capital. NovoPayment offers products and services including Digital Banking, Payment Gateway, and Card Solutions. NovoPayment operates in a competitive market with competitors including Zeta, Tink, Bud, Finix and Apiture, among others.
- Headquarter Miami, United States
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Sectors
TechnologyFinancial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Novopayment 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
$60.4 M (USD)
in 3 rounds
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Latest Funding Round
$20 M (USD), Series B
Nov 13, 2024
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Investors
Visa
& 4 more
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Employee Count
Employee Count
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Products & Services of NovoPayment
NovoPayment offers a comprehensive portfolio of products and services, including Digital Banking, Payment Gateway, and Card Solutions. 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.
Platform for online account opening and banking interfaces
Enables secure eCommerce and real-time transactions
Supports card issuing and tokenization for financial services
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Funding Insights of NovoPayment
NovoPayment has successfully raised a total of $60.4M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in November 2024. 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 3
- Last Round Series B — $20.0M
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First Round
First Round
(03 Dec 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2024 | Amount | Series B - NovoPayment | Valuation | Morgan Stanley |
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| Apr, 2022 | Amount | Series A - NovoPayment | Valuation | Fuel Venture Capital , IDC Ventures | |
| Dec, 2021 | Amount | Series A - NovoPayment | Valuation |
investors |
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| 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 NovoPayment
NovoPayment has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Visa, Morgan Stanley and Fuel Venture Capital. 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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Innovative investments are targeted by this venture capital firm.
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Founded Year | Domain | Location | |
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Tech startups are funded by IDC Ventures venture capital firm.
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Founded Year | Domain | Location | |
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Endeavor is focused on supporting high-impact entrepreneurs globally.
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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 NovoPayment
| 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 - NovoPayment
| 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 |
Novopayment Comparisons
Competitors of NovoPayment
NovoPayment 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 Zeta, Tink, Bud, Finix and Apiture, 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 and banking solutions are provided to users and banks.
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| domain | founded_year | HQ Location |
Tink is recognized as a leading European open banking platform.
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| domain | founded_year | HQ Location |
Bud Financial is focused on transforming transaction data into actionable insights for financial institutions.
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| domain | founded_year | HQ Location |
API-enabled platform for business payment processing is provided.
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| domain | founded_year | HQ Location |
Open banking APIs are delivered to financial institutions and banks.
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| domain | founded_year | HQ Location |
API-based solutions for online payments and P2P transactions are provided.
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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 Novopayment
Frequently Asked Questions about NovoPayment
When was NovoPayment founded?
NovoPayment was founded in 2004 and raised its 1st funding round 17 years after it was founded.
Where is NovoPayment located?
NovoPayment is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Is NovoPayment a funded company?
NovoPayment is a funded company, having raised a total of $60.4M across 3 funding rounds to date. The company's 1st funding round was a Series A of $21.4M, raised on Dec 03, 2021.
What does NovoPayment do?
NovoPayment was founded in 2004 and is based in Miami, United States. Open banking APIs are provided by the platform to enable financial institutions and businesses to integrate various banking solutions into their core systems. Services include digital banking, payment processing, and payment card implementations. Operations focus on the fintech sector, supporting API-based connectivity across banking ecosystems.
Who are the top competitors of NovoPayment?
What products or services does NovoPayment offer?
NovoPayment offers Digital Banking, Payment Gateway, and Card Solutions.
Who are NovoPayment's investors?
NovoPayment has 5 investors. Key investors include Visa, Morgan Stanley, Fuel Venture Capital, IDC Ventures, and Endeavor.
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