About Qualpay
Qualpay is a company based in San Mateo (United States) founded in 2014 was acquired by Synovus in April 2022.. Qualpay has raised $8 million across 1 funding round from investors including Synovus. Qualpay offers products and services including Online Payments, Virtual Terminal, In Person Payments, and Recurring Payments. Qualpay operates in a competitive market with competitors including Worldpay, Heartland Payment Systems, Euronet Worldwide, Adyen and Marqeta, among others.
- Headquarter San Mateo, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Qualpay Inc
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Products & Services of Qualpay
Qualpay offers a comprehensive portfolio of products and services, including Online Payments, Virtual Terminal, In Person Payments, and Recurring Payments. 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.
Platform for secure online transaction processing
Tool for manual payment entry and processing
Solutions for physical point-of-sale transactions
System for automated subscription billing
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Funding Insights of Qualpay
Qualpay has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Series A round of $8 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 — $8.0M
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First Round
First Round
(01 Oct 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2015 | Amount | Series A - Qualpay | 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 Qualpay
Qualpay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Synovus. 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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Commercial banking services are offered to individuals and businesses.
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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 Qualpay
| 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 - Qualpay
| 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 |
Qualpay Comparisons
Competitors of Qualpay
Qualpay 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 Worldpay, Heartland Payment Systems, Euronet Worldwide, Adyen and Marqeta, 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 services and analytics solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment processing, POS and Gift Card services
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| domain | founded_year | HQ Location |
Electronic payments and transaction processing solutions are offered globally.
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| domain | founded_year | HQ Location |
Payment issuance and processing solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Card-issuing and payment processing solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Merchant acquiring and card processing services are provided in Brazil.
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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 Qualpay
Frequently Asked Questions about Qualpay
When was Qualpay founded?
Qualpay was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Qualpay located?
Qualpay is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Is Qualpay a funded company?
Qualpay is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Series A of $8M, raised on Oct 01, 2015.
What does Qualpay do?
Qualpay is a merchant account provider and a payment gateway service provider. It supports e-commerce, in-person and mail phone transactions. Over 150 currencies processing and fund into US Dollar. Tokenization of card data is used for security. It supplies offline POS devices as well. A single Merchant account is provided for multi-channel transactions to help streamline the payment processes. Secured 8M Series A funding in Oct, 2015.
Who are the top competitors of Qualpay?
Qualpay's top competitors include Worldpay, Adyen and Euronet Worldwide.
What products or services does Qualpay offer?
Qualpay offers Online Payments, Virtual Terminal, In Person Payments, and Recurring Payments.
Who are Qualpay's investors?
Qualpay has 1 investor. Key investors include Synovus.