About PaymentSpring
PaymentSpring is a company based in Omaha (United States) founded in 2012 was acquired by Nelnet in January 2017.. PaymentSpring offers products and services including Payment Processing, Tuition Management, and ACH Processing. PaymentSpring operates in a competitive market with competitors including PayPal, Stripe, PayU, PaySimple and BlueSnap, among others.
- Headquarter Omaha, United States
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Nelnet Payment Services, Llc
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Products & Services of PaymentSpring
PaymentSpring offers a comprehensive portfolio of products and services, including Payment Processing, Tuition Management, and ACH Processing. 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 platform for handling electronic transactions and compliance.
System for managing school payments and enrollment processes.
Automated clearing house services for direct fund transfers.
Funding Insights of PaymentSpring
| 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 |
Investors in PaymentSpring
PaymentSpring has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nelnet. 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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Nelnet is engaged in student loan servicing and consumer finance.
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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 PaymentSpring
| 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 - PaymentSpring
| 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 |
Paymentspring Comparisons
Competitors of PaymentSpring
PaymentSpring 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 PayPal, Stripe, PayU, PaySimple and BlueSnap, 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 |
Online payment solutions are offered to consumers and businesses.
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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 |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Online payment and invoicing solutions are offered to small businesses.
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| domain | founded_year | HQ Location |
International payment gateways and analytics are offered by BlueSnap.
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| domain | founded_year | HQ Location |
Payment gateway solutions
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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 PaymentSpring
When was PaymentSpring founded?
PaymentSpring was founded in 2012.
Where is PaymentSpring located?
PaymentSpring is headquartered in Omaha, United States. It is registered at Omaha, Nebraska, United States.
Who is the current CEO of PaymentSpring?
Mike Phelan is the current CEO of PaymentSpring.
What does PaymentSpring do?
PaymentSpring is a PCI level 1 compliant payment gateway API provider. It supports recurring billing, invoicing, card vaulting, tokenization, and mobile-first services. It was launched by marketing company Firespring as a payment enabler for non-profits, but was later acquired by Nelnet in January 2017 and pivoted to its current model.
Who are the top competitors of PaymentSpring?
What products or services does PaymentSpring offer?
PaymentSpring offers Payment Processing, Tuition Management, and ACH Processing.
Who are PaymentSpring's investors?
PaymentSpring has 1 investor. Key investors include Nelnet.
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