About Pax2Pay
Pax2Pay is a company based in Stockholm (Sweden) founded in 2019. It operates as a B2B, and SaaS. The company has 3 employees as of December 31, 2020. Pax2Pay offers products and services including Virtual Cards, Bank Transfers, Account Creation, and Invoice Payments. Pax2Pay operates in a competitive market with competitors including Stripe, Flutterwave, Square, PayU and CyberSource, among others.
- Headquarter Stockholm, Sweden
- Employees 3 as on 31 Dec, 2020
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Pax2pay Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
3
as on Dec 31, 2020
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Products & Services of Pax2Pay
Pax2Pay offers a comprehensive portfolio of products and services, including Virtual Cards, Bank Transfers, Account Creation, and Invoice Payments. 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.
Enables issuing of single and multi-use cards in local currencies for secure transactions.
Facilitates quick and reliable supplier payments in various local currencies worldwide.
Generates funding accounts in business names across multiple currencies for better cash flow.
Settles invoices via transfers or cards, scaling for large volumes efficiently.
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Funding Insights of Pax2Pay
| 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 |
Investments & Acquisitions by Pax2Pay
| 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 - Pax2Pay
| 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 |
Pax2pay Comparisons
Competitors of Pax2Pay
Pax2Pay 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 Stripe, Flutterwave, Square, PayU and CyberSource, 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 |
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| domain | founded_year | HQ Location |
Payment processing and card issuance solutions are provided for 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 |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Global e-commerce payment processing and security services are managed.
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| domain | founded_year | HQ Location |
Payment processing solutions are provided for businesses and merchants.
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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 Pax2pay
Frequently Asked Questions about Pax2Pay
When was Pax2Pay founded?
Pax2Pay was founded in 2019.
Where is Pax2Pay located?
Pax2Pay is headquartered in Stockholm, Sweden.
How many employees does Pax2Pay have?
As of Dec 31, 2020, the latest employee count at Pax2Pay is 3.
What does Pax2Pay do?
Pax2Pay Limited, headquartered in Bristol, United Kingdom, delivers digital payment services such as virtual card issuing, bank transfers, account creation, and invoice processing. It helps businesses, especially in travel and finance, streamline payments, reduce fraud risks, and optimize cash flow through an online platform. The company enables real-time transactions in multiple currencies, enhances security with spending controls, and supports efficient reconciliation for suppliers and clients worldwide.
Who are the top competitors of Pax2Pay?
Pax2Pay's top competitors include Stripe, PayU and Flutterwave.
What products or services does Pax2Pay offer?
Pax2Pay offers Virtual Cards, Bank Transfers, Account Creation, and Invoice Payments.