About PingPal
PingPal is a company based in Lund (Sweden) founded in 2011. It operates as a B2C. PingPal has raised $35 thousand across 1 funding round. PingPal operates in a competitive market with competitors including BHG, Nordic Nest, RoyalDesign, Confident Living and KitchenTime, among others.
- Headquarter Lund, Sweden
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Sectors
Consumer
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35 K (USD)
in 1 rounds
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Latest Funding Round
$35 K (USD), Seed
Dec 27, 2012
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Investors
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Employee Count
Employee Count
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Funding Insights of PingPal
PingPal has successfully raised a total of $35K through 1 strategic funding round. The most recent funding activity was a Seed round of $35 thousand completed in December 2012. 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 Seed — $35,000
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First Round
First Round
(27 Dec 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2012 | Amount | Seed - PingPal | 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 |
Investments & Acquisitions by PingPal
| 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 - PingPal
| 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 |
Pingpal Comparisons
Competitors of PingPal
PingPal 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 BHG, Nordic Nest, RoyalDesign, Confident Living and KitchenTime, 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 |
Home improvement products are provided by BHG in Sweden.
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| domain | founded_year | HQ Location |
Multi-category home improvement products are retailed online.
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| domain | founded_year | HQ Location |
Home improvement products are retailed online by RoyalDesign.
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| domain | founded_year | HQ Location |
Online furniture retailer
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| domain | founded_year | HQ Location |
Home improvement products are retailed online by KitchenTime.
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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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Frequently Asked Questions about PingPal
When was PingPal founded?
PingPal was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is PingPal located?
PingPal is headquartered in Lund, Sweden.
Is PingPal a funded company?
PingPal is a funded company, having raised a total of $35K across 1 funding round to date. The company's 1st funding round was a Seed of $35K, raised on Dec 27, 2012.
What does PingPal do?
PingPal, based in Lund, focuses on engaging in retail operations, operating online marketplaces, home goods, and decor products. Operates an e-commerce store focused on high-quality home decor products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of PingPal?
PingPal's top competitors include BHG, Nordic Nest and KitchenTime.