PrePay Solutions

London, United Kingdom Founded: 2000 • Age: 26 yrs Acquired By Accor
Provider of prepaid card programmes.
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About PrePay Solutions

PrePay Solutions is a company based in London (United Kingdom) founded in 2000 was acquired by Accor in September 2007.. The company has 222 employees as of January 31, 2020. PrePay Solutions operates in a competitive market with competitors including Prepaid Financial Services, NymCard, Thames Technology, B4BPayments and Intercash, among others.

  • Headquarter London, United Kingdom
  • Employees 222 as on 31 Jan, 2020
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Prepay Technologies Limited
  • Date of Incorporation 05 Jun, 2000
  • Jurisdiction SWINDON, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $38.66 M (USD)
    0
    as on Dec 31, 2020
  • Net Profit
    $2.94 M (USD)
    0
    as on Dec 31, 2020
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    222

    as on Jan 31, 2020

  • Acquired by
    Accor

    (Sep 24, 2007)

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Funding Insights of PrePay Solutions

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in PrePay Solutions

PrePay Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Accor. 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.

All
Institutional
Investor Description Founded Year Domain Location
Accor is recognized as a global leader in hospitality services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by PrePay Solutions

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - PrePay Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Prepay Solutions Comparisons

Employees
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Competitors of PrePay Solutions

PrePay Solutions 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 Prepaid Financial Services, NymCard, Thames Technology, B4BPayments and Intercash, 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
Prepaid card solutions and payment technologies are provided globally.
domain founded_year HQ Location
NymCard is recognized as a card issuing and payment platform.
domain founded_year HQ Location
Payment cards are manufactured, personalized, and distributed globally.
domain founded_year HQ Location
White-label prepaid MasterCard issuance is offered by B4B Payments.
domain founded_year HQ Location
Prepaid card programs and turnkey solutions are provided for businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Prepay Solutions

Frequently Asked Questions about PrePay Solutions

When was PrePay Solutions founded?

PrePay Solutions was founded in 2000.

Where is PrePay Solutions located?

PrePay Solutions is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

How many employees does PrePay Solutions have?

As of Jan 31, 2020, the latest employee count at PrePay Solutions is 222.

What is the annual revenue of PrePay Solutions?

Annual revenue of PrePay Solutions is $38.66M as on Dec 31, 2020.

What does PrePay Solutions do?

PrePay Solutions was founded in 2000 in London, United Kingdom, and operates in the prepaid payments sector. A range of prepaid card programmes is offered, covering gifting, travel, corporate disbursement, everyday spending, promotions, and loyalty. Transaction processing services, including EMV and MasterCard support, are provided alongside BIN sponsorship, eWallet services, e-money issuing, compliance, fraud management, and programme oversight. Ownership is shared between Edenred and MasterCard Worldwide.

Who are the top competitors of PrePay Solutions?

PrePay Solutions's top competitors include NymCard, Thames Technology and Prepaid Financial Services.

Who are PrePay Solutions's investors?

PrePay Solutions has 1 investor. Key investors include Accor.

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