About Passport Technology
Passport Technology is a company based in Las Vegas (United States) founded in 2016 was acquired by Australis Capital in June 2020.. Passport Technology offers products and services including CashSuite, CashStream ATMs, Pay@Play, LiveOffice, and Lush. Passport Technology operates in a competitive market with competitors including FABICash and Betflix Wallet, among others.
- Headquarter Las Vegas, United States
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
Peak Rock Capital
& 1 more
-
Employee Count
Employee Count
-
Acquired by
Australis Capital
(Jun 25, 2020)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Passport Technology
Passport Technology offers a comprehensive portfolio of products and services, including CashSuite, CashStream ATMs, Pay@Play, LiveOffice, and Lush. 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.
Manages funds from banking to gaming floor securely
Provides ATM solutions for casino transactions
Enables cashless payments in gaming environments
Offers regulatory compliance and monitoring services
Manages mobile loyalty programs for casinos
Funding Insights of Passport Technology
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Passport Technology | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Passport Technology
Passport Technology has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Peak Rock Capital and OLXTOTO. 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 |
|---|---|---|---|---|
|
Peak Rock Capital is focused on middle-market private investments.
|
Founded Year | Domain | Location | |
|
OLXTOTO is operated as an online gambling platform.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Passport Technology
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Passport Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Passport Technology Comparisons
Competitors of Passport Technology
Passport Technology 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 FABICash and Betflix Wallet, 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 |
Cloud-based platforms for secure cash transactions in gaming environments.
|
|
| domain | founded_year | HQ Location |
Provides a web-based wallet system for online casino games.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Passport Technology
Frequently Asked Questions about Passport Technology
When was Passport Technology founded?
Passport Technology was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Where is Passport Technology located?
Passport Technology is headquartered in Las Vegas, United States. It is registered at Las Vegas, Nevada, United States.
Who is the current CEO of Passport Technology?
Cleve Tzung is the current CEO of Passport Technology.
What does Passport Technology do?
Passport Technology was founded in 2016 in Las Vegas, United States. Solutions for casino finance and payments are developed, with a focus on the gaming sector. Services encompass cash access systems, cloud-based ATM processing, jackpot redemption, cashier cage operations, and kiosk management. These offerings support payment processing and operational needs for casinos across the region.
Who are the top competitors of Passport Technology?
Passport Technology's top competitors include FABICash and Betflix Wallet.
What products or services does Passport Technology offer?
Passport Technology offers CashSuite, CashStream ATMs, Pay@Play, LiveOffice, and Lush.
Who are Passport Technology's investors?
Passport Technology has 2 investors. Key investors include Peak Rock Capital, and OLXTOTO.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.