Pagosonline

Bogota, Colombia Founded: 2005 • Age: 21 yrs Acquired By PayU
Online payment gateway service provider.

About Pagosonline

Pagosonline is a Financial Services company based in Bogota (Colombia) founded in 2005, and was acquired by PayU in June 2011. Online payment gateway service provider. The company was acqui-hired. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its competitors include Cobre and Tpaga; 2 of its 2 listed competitors have raised funding.

Company details

Pagosonline offers an alternative means of local and payment (such as payments current account or savings accounts and cash) and their service follows a more personalized accompaniment process customer to be integrated into the platform. PagosOnline offer their payment processing service over the Internet in two modes: gateway and aggregator. The first is aimed at large companies who already have collection agreements with financial institutions, who are charged a fixed per transaction and trade commissions directly negotiates with banks rate. In aggregator model, however, customers are individuals and small businesses that do not have direct agreements and could have difficulty obtaining the necessary permission to sell online. The economic benefit they get comes from the difference between the percentage they charge their customers and the bank charges to them.

Key Metrics

Investors in Pagosonline

Pagosonline has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include PayU.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Online payment processing and credit solutions are provided for businesses.
2002payu.comAmsterdam, Netherlands
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Investor details for Pagosonline

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Timeline of Pagosonline

2 dated milestones of Pagosonline across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pagosonline is founded.
  2. Exit Acquired by PayU.

Competitors of Pagosonline

Pagosonline has 2 listed competitors in our database, 2 of them funded. They include Cobre and Tpaga.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cobre.co2019Bogota, Colombia$48M
Payment gateway software solutions are developed for secure transactions.
tpaga.co2015Bogota, Colombia$12.32M
Online payments are enabled for merchants through API-integrated gateways.
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Detailed competitors of Pagosonline

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Frequently Asked Questions about Pagosonline

Pagosonline was founded in 2005.

Pagosonline is headquartered in Bogota, Colombia. It is registered at Bogota, Bogota, Colombia.

Pagosonline offers an alternative means of local and payment (such as payments current account or savings accounts and cash) and their service follows a more personalized accompaniment process customer to be integrated into the platform. PagosOnline offer their payment processing service over the Internet in two modes: gateway and aggregator. The first is aimed at large companies who already have collection agreements with financial institutions, who are charged a fixed per transaction and trade commissions directly negotiates with banks rate. In aggregator model, however, customers are individuals and small businesses that do not have direct agreements and could have difficulty obtaining the necessary permission to sell online. The economic benefit they get comes from the difference between the percentage they charge their customers and the bank charges to them.

Pagosonline's top competitors include Cobre and Tpaga.

Pagosonline has 1 investor. Key investors include PayU.

Yes. Pagosonline was acquired by PayU in June 2011.

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