About Rapidata Services
Rapidata Services is a company based in Redhill (United Kingdom) founded in 1997 was acquired by The Access Group in November 2018.. The company has 19 employees as of December 31, 2018. Rapidata Services offers products and services including Direct Debit, Online Payments, Open Banking Payments, and Phone Payments. Rapidata Services operates in a competitive market with competitors including Answer Pay, SmartDebit, Nuapay, Eazy Collect and Interbacs, among others.
- Headquarter Redhill, United Kingdom
- Employees 19 as on 31 Dec, 2018
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rapidata Services Limited
- Date of Incorporation 03 Feb, 1997
- Jurisdiction LONDON
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Annual Revenue
$3.72 M (USD)5as on Jun 30, 2019
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Net Profit
$1.38 M (USD)12as on Jun 30, 2019
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
19
as on Dec 31, 2018
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Acquired by
The Access Group
(Nov 23, 2018)
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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. 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.
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.
Funding Insights of Rapidata Services
| 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 Rapidata Services
Rapidata Services has secured backing from 1 investor. Prominent investors backing the company include The Access Group. 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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Cloud-based ERP software is offered for multiple industries.
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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 Rapidata Services
| 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 - Rapidata Services
| 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 |
Rapidata Services Comparisons
Competitors of Rapidata Services
Rapidata Services 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 Answer Pay, SmartDebit, Nuapay, Eazy Collect and Interbacs, 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 |
Direct debit solutions for business payments are offered.
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| domain | founded_year | HQ Location |
Direct debit and payment processing services are offered by SmartDebit.
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| domain | founded_year | HQ Location |
SaaS-based payment processor for businesses
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| domain | founded_year | HQ Location |
Direct debit solutions are provided to businesses via multiple channels.
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| domain | founded_year | HQ Location |
Provides direct debit payment solutions for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Rapidata Services
When was Rapidata Services founded?
Rapidata Services was founded in 1997.
Where is Rapidata Services located?
Rapidata Services is headquartered in Redhill, United Kingdom. It is registered at Redhill, England, United Kingdom.
Who is the current CEO of Rapidata Services?
Scott Gray is the current CEO of Rapidata Services.
How many employees does Rapidata Services have?
As of Dec 31, 2018, the latest employee count at Rapidata Services is 19.
What is the annual revenue of Rapidata Services?
Annual revenue of Rapidata Services is $3.72M as on Jun 30, 2019.
What does Rapidata Services do?
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.
Who are the top competitors of Rapidata Services?
Rapidata Services's top competitors include SmartDebit, Eazy Collect and Nuapay.
What products or services does Rapidata Services offer?
Rapidata Services offers Direct Debit, Online Payments, Open Banking Payments, and Phone Payments.
Who are Rapidata Services's investors?
Rapidata Services has 1 investor. Key investors include The Access Group.