Payfirma

Vancouver, Canada Founded: 2011 • Age: 15 yrs Acquired By Merrco
Payment processing solutions are provided for businesses and merchants.
Annual revenue - Latest available
Total funding $18.9M 6 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Payfirma

Payfirma is a company based in Vancouver (Canada) founded in 2011 was acquired by Merrco in February 2018. Payfirma has raised $18.92 million across 6 funding rounds from investors including Merrco and Capital Markets. Payfirma offers products and services including Pay HQ and Barnet POS. Payfirma operates in a competitive market with competitors including Ezetap, Poynt, Presto, 2can and Moneris, among others.

  • Headquarter Vancouver, Canada
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $18.92 M (USD)

    in 6 rounds

  • Latest Funding Round
    $10.42 M (USD), Series A

    May 27, 2015

  • Investors
    Merrco

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Merrco

    (Feb 01, 2018)

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Products & Services of Payfirma

Payfirma offers a comprehensive portfolio of products and services, including Pay HQ and Barnet POS.

Product name locked
Category locked
Primary

End-to-end platform for transaction authorization and settlement.

Product name locked
Category locked
Locked

System for in-person and online payment processing.

People of Payfirma

Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Karandeep Singh
Software Developer
People
Oleg Volkov
Senior Software Engineer
People
Anmol Sekhon
Jr Software Developer

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Teams

Funding Insights of Payfirma

Payfirma has successfully raised a total of $18.92M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $10.42 million completed in May 2015. 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.

Investors in Payfirma

Payfirma has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Merrco and Capital Markets.

All
Institutional
Investor Description Founded Year Domain Location
An annual financial conference is hosted in Canada.
Locked Locked Locked
Payment processing services are provided by Merrco to businesses globally.
Locked Locked Locked
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Investor details for Payfirma

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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  • Participation history

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Investments & Acquisitions by Payfirma

Investments
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Investment portfolio details for Payfirma

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Payfirma

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Detailed financials for Payfirma

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  • Profit trends
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Payfirma Comparisons

Payfirma Primary company
Description
Payment processing solutions are provided for businesses and...
Location
Vancouver, Canada
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Payfirma

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Payfirma

Payfirma 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 Ezetap, Poynt, Presto, 2can and Moneris, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based mPOS software and hardware solutions are provided for businesses.
Locked Locked Locked
POS software and hardware solutions are provided for offline retailers.
Locked Locked Locked
Drive-through automation solutions for restaurants are provided using AI.
Locked Locked Locked
Card payments are enabled on smartphones for Russian merchants.
Locked Locked Locked
POS solutions are provided for retail businesses by Moneris.
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Detailed competitors of Payfirma

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Latest news on Payfirma

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Complete news archive for Payfirma

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Frequently Asked Questions about Payfirma

Payfirma was founded in 2011.

Payfirma is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

Payfirma is a funded company, having raised a total of $18.92M across 6 funding rounds to date.

Payfirma was established in 2011 in Vancouver, Canada, as a provider of payment processing services. Operations focus on sectors such as beauty and healthcare, food, transportation, and retail. Offerings include hardware-based POS terminals, web terminals, payment gateways, invoicing tools, and hosted payment options. Transactions are supported via payment cards, bank transfers, and digital wallets.

Payfirma's top competitors include Ezetap, Presto and Poynt.

Payfirma offers Pay HQ and Barnet POS.

Payfirma has 2 investors. Key investors include Merrco, and Capital Markets.

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