About Payment Source
Payment Source is a company based in Toronto (Canada) founded in 2014 by George DeMarchi and Trevor Cook.. Payment Source offers products and services including Interac e-Transfer, Pay in Person, and PaySimply. Payment Source operates in a competitive market with competitors including Flutterwave, Square, Nuvei, ACI Worldwide and Paystone, among others.
- Headquarter Toronto, Canada
- Founders George DeMarchi, Trevor Cook
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Sectors
TechnologyFinancial Services
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Website
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Social
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- Legal Name Payment Source Inc.
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Annual Revenue
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Products & Services of Payment Source
Payment Source offers a comprehensive portfolio of products and services, including Interac e-Transfer, Pay in Person, and PaySimply. 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.
Secure electronic fund transfer for fast Canadian transactions.
Enables cash and debit payments at over 5,500 post offices.
Platform for easy credit, debit, and e-Transfer payments.
Funding Insights of Payment Source
| 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 |
Investments & Acquisitions by Payment Source
| 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 Source
| 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 Source Comparisons
Competitors of Payment Source
Payment Source 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 Flutterwave, Square, Nuvei, ACI Worldwide and Paystone, 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 |
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 |
Payment processing solutions are delivered to merchants and businesses.
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| domain | founded_year | HQ Location |
Digital payments are processed and managed via specialized solutions.
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| domain | founded_year | HQ Location |
Customer engagement solutions for businesses are provided by Paystone.
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| domain | founded_year | HQ Location |
End-to-end payment solutions are offered to businesses for processing needs.
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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 Payment Source
Frequently Asked Questions about Payment Source
When was Payment Source founded?
Payment Source was founded in 2014.
Where is Payment Source located?
Payment Source is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Payment Source?
Trevor Cook is the current CEO of Payment Source. They have also founded this company.
What does Payment Source do?
Payment Source was established in 2014 in Toronto, Canada, within the fintech sector. Services are extended to government organizations, eCommerce retailers, telecom providers, card program managers, and digital wallet operators. Capabilities include facilitating tax payments, retail transactions, telecom and phone bill settlements, e-commerce purchases, and wallet-based transfers across relevant industries.
Who are the top competitors of Payment Source?
Payment Source's top competitors include Flutterwave, Square and Nuvei.
What products or services does Payment Source offer?
Payment Source offers Interac e-Transfer, Pay in Person, and PaySimply.
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