About PPRO
PPRO is a company based in London (United Kingdom) founded in 2006 by Philipp Bock. PPRO has raised $462.88 million across 6 funding rounds from investors including PayPal, J P Morgan and Citi. The company has 117 employees as of December 31, 2023. PPRO has completed 3 acquisitions, including Allpago, Alpha Fintech and Bancontact. PPRO offers products and services including Local Payments Activation, Local Payments Acceptance, and Local Payments Management. PPRO operates in a competitive market with competitors including Juspay, Zuora, Spreedly, ZOOZ and Finmo, among others.
- Headquarter London, United Kingdom
- Employees 117 as on 31 Dec, 2023
- Founders Philipp Bock
- Stage Unicorn
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Sectors
Financial Services
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Phone
Locked
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Website
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Social
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- Legal Name Ppro Financial Ltd
- Date of Incorporation 01 Jun, 2011
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$77.51 M (USD)30as on Dec 31, 2021
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Net Profit
-$17.67 M (USD)-34as on Dec 31, 2021
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EBITDA
-$15.79 M (USD)-13as on Dec 31, 2021
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Total Equity Funding
$462.88 M (USD)
in 6 rounds
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Latest Funding Round
$92.88 M (USD), Series D
Mar 13, 2024
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Investors
PayPal
& 11 more
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Employee Count
117
as on Dec 31, 2023
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Investments & Acquisitions
Allpago
& 2 more
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Products & Services of PPRO
PPRO offers a comprehensive portfolio of products and services, including Local Payments Activation, Local Payments Acceptance, and Local Payments Management.
Service to activate and integrate preferred local payment methods.
Platform to accept and optimize local payment connections.
Tool to manage money flows and streamline transactions securely.
People of PPRO
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Software Development Team
53 people
Finance and Accounting
18 people
Product Management Team
15 people
Sales and Marketing
13 people
Leadership Team
9 people
Human Resources and Administration
6 people
Enterprise Team
5 people
Head Team
5 people
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Funding Insights of PPRO
PPRO has successfully raised a total of $462.88M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $92.88 million completed in March 2024. 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.
Investors in PPRO
PPRO has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include PayPal, J P Morgan and Citi.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and debt investments are managed across multiple sectors.
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Digital and technology-based companies are invested in by HPE Growth.
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Venture capital fund investing in early-stage tech startups
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Locked | Locked | Locked |
Investor details for PPRO
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
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Investments & Acquisitions by PPRO
PPRO has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Allpago, Alpha Fintech and Bancontact.
Investment portfolio details for PPRO
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Omnichannel payment solutions are facilitated via middleware platform.
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International payment gateway services are provided for Latin American markets.
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Locked | Locked | 2008 | Locked | |
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Electronic payment processing services are provided for transactions.
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Locked | Locked | 1979 | Locked |
Complete acquisition details for PPRO
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- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - PPRO
Detailed financials for PPRO
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Ppro Comparisons
Peer comparison for PPRO
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Competitors of PPRO
PPRO 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 Juspay, Zuora, Spreedly, ZOOZ and Finmo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Payment orchestration, recurring payments, and checkout flow solutions are provided.
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Cloud-based invoice and subscription management solutions for businesses
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Payment orchestration is facilitated for international transactions and analytics.
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Cloud-based payment routing solutions are provided for business merchants.
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Payment orchestration solutions are provided for business and consumer transactions.
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Detailed competitors of PPRO
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Ppro
Complete news archive for PPRO
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Frequently Asked Questions about PPRO
PPRO was founded in 2006 and raised its 1st funding round 8 years after it was founded.
PPRO is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Simon Black is the current CEO of PPRO.
PPRO is a funded company, having raised a total of $462.88M across 6 funding rounds to date.
As of Dec 31, 2023, the latest employee count at PPRO is 117.
Annual revenue of PPRO is $77.51M as on Dec 31, 2021.
Merchant acquiring and orchestration solutions for the payment industry. It is a full-service partner for PSPs and payment providers in the e-payment environment as well as an e-money specialist for corporates and consumers. It offers services in both the acquiring and the issuing segments of the payment ecosystem. It is a registered e-money issuer and offers prepaid accounts (wallets cards) to businesses and PSPs. Its cards include corporate expense, fleet, and GPR cards. Its acquiring businesses offer acquiring, settlement, and reconciliation services to PSPs which are international, i.e., supports alternative local payment methods.
PPRO offers Local Payments Activation, Local Payments Acceptance, and Local Payments Management.
PPRO has made 3 acquisitions, including Allpago, Alpha Fintech, and Bancontact.
PPRO has 12 investors. Key investors include PayPal, J P Morgan, Citi, JPMorgan Chase, and Northleaf.
The valuation of PPRO is $1B as of Jan 2021.