About Pin Payments
Pin Payments is a company based in Melbourne (Australia) founded in 2011 by Grant Bissett was acquired by Fat Zebra in December 2024.. Pin Payments has raised $3.1 million across 1 funding round from investors including Checkout.com and Fat Zebra. Pin Payments offers products and services including Payment Gateway, Recurring Payments, and Payments for Platforms. Pin Payments operates in a competitive market with competitors including Stripe, Square, Flutterwave, PayU and Vanco Payment Solutions, among others.
- Headquarter Melbourne, Australia
- Founders Grant Bissett
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Southern Payment Systems Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.1 M (USD)
in 1 rounds
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Latest Funding Round
$3.1 M (USD), Series A
Oct 21, 2015
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Investors
Checkout.com
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Pin Payments
Pin Payments offers a comprehensive portfolio of products and services, including Payment Gateway, Recurring Payments, and Payments for Platforms. 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.
Enables secure acceptance of online payments for websites
Handles automated subscription and payment plans
Embeds payment features into business platforms
Funding Insights of Pin Payments
Pin Payments has successfully raised a total of $3.1M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.1 million completed in October 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $3.1M
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First Round
First Round
(21 Oct 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2015 | Amount | Series A - Pin Payments | Valuation |
investors |
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| 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 Pin Payments
Pin Payments has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Checkout.com and Fat Zebra. 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 payment solutions that help businesses and communities thrive in the digital economy
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Founded Year | Domain | Location | |
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Global payments platform is operated for businesses worldwide.
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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 Pin Payments
| 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 - Pin Payments
| 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 |
Pin Payments Comparisons
Competitors of Pin Payments
Pin Payments 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 Stripe, Square, Flutterwave, PayU and Vanco Payment Solutions, 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 |
Payment processing and card issuance solutions are provided 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 |
Provider of payment processing solutions 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 |
Payment gateway solutions are provided for faith-based organizations and nonprofits.
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| domain | founded_year | HQ Location |
Digital payments are processed and managed via specialized solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Pin Payments
Frequently Asked Questions about Pin Payments
When was Pin Payments founded?
Pin Payments was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Pin Payments located?
Pin Payments is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of Pin Payments?
Grant Bissett is the current CEO of Pin Payments. They have also founded this company.
Is Pin Payments a funded company?
Pin Payments is a funded company, having raised a total of $3.1M across 1 funding round to date. The company's 1st funding round was a Series A of $3.1M, raised on Oct 21, 2015.
What does Pin Payments do?
Pin Payments was founded in 2011 in Melbourne, Australia, as a payment gateway provider in the fintech sector. Debit and credit card payments are accepted by merchants through online platforms, POS systems, invoice buttons, mobile devices, and recurring billing options. Integration occurs via API without the need for an acquirer account. PCI DSS Level 1 compliance is upheld to ensure secure transactions.
Who are the top competitors of Pin Payments?
Pin Payments's top competitors include Stripe, PayU and Flutterwave.
What products or services does Pin Payments offer?
Pin Payments offers Payment Gateway, Recurring Payments, and Payments for Platforms.
Who are Pin Payments's investors?
Pin Payments has 2 investors. Key investors include Checkout.com, and Fat Zebra.
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