About Rapidata Services
Rapidata Services is a Financial Services company based in Redhill (United Kingdom) founded in 1997, and was acquired by The Access Group in November 2018. Cloud-based payment processing solutions are provided for businesses. The company has 19 employees. Its chief executive, as recorded, is Scott Gray. Rapidata Services offers products and services including Direct Debit, Online Payments, Open Banking Payments, and Phone Payments. Its focus areas include FinTech, Payments, Business Payments and Direct Debit. Its legal entity is RAPIDATA SERVICES LIMITED. Its competitors include Answer Pay, SmartDebit and Nuapay.
Company details
Rapidata Services was founded in 1997 in Redhill, United Kingdom, and operates in the financial technology sector. Cloud-based platforms are offered to handle payments via direct debit, online methods, open banking, and phone transactions. Secure and cost-effective processing is enabled for multiple industries, with integrated tools for fraud detection, risk assessment, income tracking, and customer verification. Support resources are available to assist in payment optimization.
- Headquarters Redhill, United Kingdom
- Employees 19
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website rapidataservices.com
- Social LinkedIn X Facebook
- Acquired by The Access Group (Nov 2018)
- Legal Name Rapidata Services Limited
- Date of Incorporation 03 Feb, 1997
- Jurisdiction LONDON
- Annual Revenue$3.72 M (USD)5as on Jun 30, 2019
- Net Profit$1.38 M (USD)12as on Jun 30, 2019
- Investors
- Employee Count19
- Acquired byThe Access Group
(Nov 2018)
Products & Services of Rapidata Services
Rapidata Services offers a comprehensive portfolio of products and services, including Direct Debit, Online Payments, Open Banking Payments, and Phone Payments.
Handles secure direct debit transactions for businesses.
Facilitates fast and secure online transaction processing.
Enables direct bank account payments for enhanced security.
Simplifies card payments taken over the phone.
Investors in Rapidata Services
Rapidata Services has secured backing from 1 investor. Prominent investors backing the company include The Access Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 1991 | theaccessgroup.com | Loughborough, United Kingdom |
Investor details for Rapidata Services
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- Round participation
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People of Rapidata Services
1 people are tracked at Rapidata Services (1 in leadership); the tracked headcount is 19.
| Name | Role | Group |
|---|---|---|
Scott Gray | CEO | Leadership |
Complete people profiles for Rapidata Services
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Timeline of Rapidata Services
2 dated milestones of Rapidata Services across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Rapidata Services is founded.
- Exit Acquired by The Access Group.
Competitors of Rapidata Services
Rapidata Services has 3 listed competitors in our database. They include Answer Pay, SmartDebit and Nuapay.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| answerpay.uk | 2020 | Leeds, United Kingdom | 4 | Direct debit solutions for business payments are offered. | ||
| smartdebit.co.uk | 1998 | Bagshot, United Kingdom | 4,353 | Direct debit and payment processing services are offered by SmartDebit. | ||
| nuapay.com | 2015 | London, United Kingdom | 4 | SaaS-based payment processor for businesses |
Detailed competitors of Rapidata Services
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Frequently Asked Questions about Rapidata Services
Rapidata Services was founded in 1997.
Rapidata Services is headquartered in Redhill, United Kingdom. It is registered at Redhill, England, United Kingdom.
Scott Gray is the CEO of Rapidata Services, as recorded in our data.
Rapidata Services has 19 employees.
Annual revenue of Rapidata Services is $3.72M as on Jun 30, 2019.
Rapidata Services was founded in 1997 in Redhill, United Kingdom, and operates in the financial technology sector. Cloud-based platforms are offered to handle payments via direct debit, online methods, open banking, and phone transactions. Secure and cost-effective processing is enabled for multiple industries, with integrated tools for fraud detection, risk assessment, income tracking, and customer verification. Support resources are available to assist in payment optimization.
Rapidata Services's top competitors include SmartDebit, Nuapay and Answer Pay.
Rapidata Services offers Direct Debit, Online Payments, Open Banking Payments, and Phone Payments.
Rapidata Services has 1 investor. Key investors include The Access Group.
Rapidata Services operates through Rapidata Services Limited.
Yes. Rapidata Services was acquired by The Access Group in November 2018.