About Payment Network AG
Payment Network AG is a company based in Gauting (Germany) founded in 2005 was acquired by Klarna in December 2013.. Payment Network AG operates in a competitive market with competitors including Sofort Banking, SEPAexpress, CashLink, remipay and SEPAone, among others.
- Headquarter Gauting, Germany
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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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Funding Insights of Payment Network AG
| 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 Payment Network AG
Payment Network AG has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Klarna. 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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Point-of-sale financing is facilitated through an online platform for purchases.
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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 Payment Network AG
| 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 - Payment Network AG
| 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 |
Payment Network Ag Comparisons
Competitors of Payment Network AG
Payment Network AG 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 Sofort Banking, SEPAexpress, CashLink, remipay and SEPAone, 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 |
Secure direct debit payments for online eCommerce purchases are facilitated.
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| domain | founded_year | HQ Location |
SEPA direct debit payments are processed via an API-linked gateway.
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| domain | founded_year | HQ Location |
Delivers a secure money transfer solution using isolated payment links.
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| domain | founded_year | HQ Location |
Operates an app-based e-wallet facilitating secure B2B and B2C transactions.
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| domain | founded_year | HQ Location |
Offers API-based SEPA Direct Debit for business transactions and consumer protection.
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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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Frequently Asked Questions about Payment Network AG
When was Payment Network AG founded?
Payment Network AG was founded in 2005.
Where is Payment Network AG located?
Payment Network AG is headquartered in Gauting, Germany. It is registered at Gauting, Bavaria, Germany.
What does Payment Network AG do?
Founded in 2005 and based in Gauting, Germany, Payment Network AG operates in the fintech sector as an online direct debit platform. Services are provided to merchants through Sofort Banking, which supports secure transactions for physical and digital goods. Users are redirected to the platform for bank selection, login, and payment authorization, focusing on eCommerce across Europe. A range of banking products is offered to streamline online purchases.
Who are the top competitors of Payment Network AG?
Payment Network AG's top competitors include Sofort Banking, SEPAexpress and CashLink.
Who are Payment Network AG's investors?
Payment Network AG has 1 investor. Key investors include Klarna.
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