About Paysolut
Paysolut is a company based in London (United Kingdom) founded in 2017 by Andrius Minkevicius, Alex Gibb, and Vytenis Pavalki was acquired by SumUp in February 2021.. The company has 1 employees as of January 31, 2021. Paysolut operates in a competitive market with competitors including Flybits, Voxeo, Tagit, Peppermint Innovation and Clair Mail, among others.
- Headquarter London, United Kingdom
- Employees 1 as on 31 Jan, 2021
- Founders Andrius Minkevicius, Alex Gibb, Vytenis Pavalki
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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 Paysolut Ltd
- Date of Incorporation 27 Jan, 2017
- Jurisdiction LONDON, ENGLAND
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Funding Insights of Paysolut
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Paysolut
Paysolut has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SumUp. 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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Provider of mPOS solution and card reader for offline retailers
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Paysolut
| 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 - Paysolut
| 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 |
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Paysolut Comparisons
Competitors of Paysolut
Paysolut 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 Flybits, Voxeo, Tagit, Peppermint Innovation and Clair Mail, 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 |
Context-as-a-Service platform is delivered for banking mobile applications.
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| domain | founded_year | HQ Location |
IVR and VoIP platforms for customer service automation are hosted.
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| domain | founded_year | HQ Location |
Digital engagement solutions are provided for governments and banks.
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| domain | founded_year | HQ Location |
Proprietary mobile banking technology is commercialized for financial institutions.
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Mobile solutions for banking, payments, and card services are provided.
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| domain | founded_year | HQ Location |
Mobile banking and payment solutions are provided to financial institutions.
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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 Paysolut
Frequently Asked Questions about Paysolut
When was Paysolut founded?
Paysolut was founded in 2017.
Where is Paysolut located?
Paysolut is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Paysolut?
Vytenis Pavalki is the current CEO of Paysolut. They have also founded this company.
How many employees does Paysolut have?
As of Jan 31, 2021, the latest employee count at Paysolut is 1.
What is the annual revenue of Paysolut?
Annual revenue of Paysolut is $309.11K as on Dec 30, 2021.
What does Paysolut do?
Paysolut was founded in 2017 in London, United Kingdom, within the fintech sector. A mobile banking channel platform is provided to support banks in delivering services through mobile applications. Features such as payment and remittance applications, along with payment origination systems, are included. Integration of third-party applications is facilitated to enhance banking operations.
Who are the top competitors of Paysolut?
Who are Paysolut's investors?
Paysolut has 1 investor. Key investors include SumUp.
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