Qualpay

San Mateo, United States Founded: 2014 • Age: 12 yrs Acquired By Synovus
Merchant accounts and payment gateway services are provided for transactions.

About Qualpay

Qualpay is a Financial Services company based in San Mateo (United States) founded in 2014, and was acquired by Synovus in April 2022. Merchant accounts and payment gateway services are provided for transactions. 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. Its focus areas include FinTech, Payments, Enablers and Issuer Processor. Its legal entity is QUALPAY INC. Its competitors include Heartland Payment Systems, Euronet Worldwide and Marqeta; 2 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters San Mateo, United States
  • Stage Acquired
  • Sectors
    Financial Services
  • Website qualpay.com
  • Social LinkedIn X YouTube
  • Acquired by Synovus (Apr 2022)
  • Legal Name Qualpay Inc
Key Metrics
  • Total Equity Funding
    $8M (USD)

    in 1 rounds

  • Latest Funding Round
    $8M (USD), Series A

    Oct 2015

  • Investors
  • Acquired by
    Synovus

    (Apr 2022)

Products & Services of Qualpay

Qualpay offers a comprehensive portfolio of products and services, including Online Payments, Virtual Terminal, In Person Payments, and Recurring Payments.

Online Payments
Payment Services

Platform for secure online transaction processing

Virtual Terminal
Payment Services

Tool for manual payment entry and processing

In Person Payments
Payment Services

Solutions for physical point-of-sale transactions

Recurring Payments
Payment Services

System for automated subscription billing

Apps and channels of Qualpay

its YouTube channel Qualpay, Inc. has 24 subscribers and 23 videos.

Qualpay, Inc.
YouTube 24 subscribers 23 videos Howto & Style
Open channel

Videos from Qualpay

The most watched videos on Qualpay's YouTube channel, Qualpay, Inc. (24 subscribers). Click a video to play it here.

The Top 3 Ways Energy Marketers Save with Qualpay
315 views
Introduction to Qualpay
257 views
Qualpay: What Is An Effective Rate and How To Calculate It
196 views
What Are the Costs to Process Credit Cards And How Can You Reduce Them?
195 views

More on Qualpay, Inc..

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 $8M
  • Total Rounds 1
  • Last Round Series A — $8M
  • First Round $8M

    (Oct 2015)

All 1 funding rounds of Qualpay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2015$8MSeries A––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Qualpay

Qualpay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Synovus.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Commercial banking services are offered to individuals and businesses.
1888synovus.comColumbus, United States
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Investor details for Qualpay

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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People of Qualpay

21 people are tracked at Qualpay (14 in leadership, 7 in team).

NameRoleGroup
John Firman
Chief Information OfficerLeadership
Penny Townsend
Chief Product OfficerLeadership
Craig Gass
Chief Executive OfficerLeadership
Jack Duncan
Chief Technology OfficerLeadership
George Malesky
Director Of Partnership DevelopmentLeadership
Deena Doyle
Senior Director Of OperationsLeadership
Chris Chiem Lee
Director Of Underwriting And RiskLeadership
Marci Gagnon
VP Strategic AlliancesLeadership
Jonathan Gilbert
Director Of Business DevelopmentLeadership
Elisabetta Cattaneo
Vice President MarketingLeadership
Nancie Dunn
Director, Human ResourcesLeadership
Susan Louie, CPA
Senior Vice President FinanceLeadership
Frank McNichol
Chief Compliance OfficerLeadership
Nancie D.
Director, Human ResourcesLeadership
Charlie Jadallah
Business And Corporate Development, Board ObserverTeam
Andrea Lewin
Product ManagerTeam
David Bragg
Business Development ManagerTeam
Lisa Tjaden
Senior Risk Management AnalystTeam
Loriann Ouimet
General Counsel And Corporate SecretaryTeam
Kameren Neal
Business Development ManagerTeam

1 more people are available in the full profile.

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Complete people profiles for Qualpay

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Qualpay

3 dated milestones of Qualpay across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Qualpay is founded.
  2. Funding First funding round of $8.0M.
  3. Exit Acquired by Synovus.

Competitors of Qualpay

Qualpay has 3 listed competitors in our database, 2 of them funded. They include Heartland Payment Systems, Euronet Worldwide and Marqeta.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
heartlandpaymentsystems.com1997Princeton, United States$40M
Payment processing, POS and Gift Card services
euronetworldwide.com1994Leawood, United States10,000
Electronic payments and transaction processing solutions are offered globally.
marqeta.com2010Oakland, United States$528.11M854
Card-issuing and payment processing solutions are offered to businesses.
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Detailed competitors of Qualpay

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Qualpay

The website of Qualpay (qualpay.com) receives about 8.5K visits a month.

  • Monthly visits
    8.5K

    ▼ 18.3% vs previous month

Similar websites

Websites whose visitors overlap most with Qualpay. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
instabill.com
100%
#2,454,600View details
paymentdepot.com
paymentdepot.com
77%
#1,369,093–
swipesum.com
77%
67.2K#580,727View details
corebt.com
67%
5.3K#3,695,773View details
ntrust.com
ntrust.com
56%
–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 8 similar websites and full traffic analytics for Qualpay

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 8 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Payments & Remittance Platforms

3 companies that operate in the same segment as Qualpay (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B16,622
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B3,108
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 5.07 B6,209
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Related news about Qualpay

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Complete news archive for Qualpay

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  • Full article archive
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  • Brand-specific news history

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Frequently Asked Questions about Qualpay

Qualpay was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Qualpay is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.

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 2015.

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.

Qualpay's top competitors include Euronet Worldwide, Marqeta and Heartland Payment Systems.

Qualpay offers Online Payments, Virtual Terminal, In Person Payments, and Recurring Payments.

Qualpay has 1 investor. Key investors include Synovus.

Qualpay operates through Qualpay Inc.

Yes. Qualpay was acquired by Synovus in April 2022.

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