About RenovITe
RenovITe is a company based in Fremont (United States) founded in 2014 was acquired by JPMorgan Chase in September 2022. The company has 119 employees as of April 05, 2024. RenovITe has completed 1 acquisition, including Q-ATM. RenovITe operates in a competitive market with competitors including Allied Payment, Incedo, Tassat, Silot and CredoPay, among others.
- Headquarter Fremont, United States
- Employees 119 as on 05 Apr, 2024
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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
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- Legal Name Renovite Payment Solutions Private Limited
- Date of Incorporation 19 Jan, 2015
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$1.89 M (USD)-27.22as on Mar 31, 2021
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Net Profit
-$72.52 K (USD)-553.69as on Mar 31, 2021
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EBITDA
$2.34 K (USD)-96.18as on Mar 31, 2021
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Latest Funding Round
Not available
- Investors
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Employee Count
119
as on Apr 05, 2024
- Investments & Acquisitions
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Acquired by
JPMorgan Chase
(Sep 12, 2022)
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People of RenovITe
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Funding Insights of RenovITe
Detailed funding history for RenovITe
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Investors in RenovITe
RenovITe has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include JPMorgan Chase.
| Investor | Description | Founded Year | Domain | Location |
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Financial services are provided to consumers and corporations worldwide.
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Locked | Locked | Locked |
Investor details for RenovITe
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Investments & Acquisitions by RenovITe
RenovITe has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Q-ATM.
Investment portfolio details for RenovITe
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Payment consulting services are provided for financial transactions.
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Locked | Locked | 2015 | Locked |
Complete acquisition details for RenovITe
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Financial Statements - RenovITe
Detailed financials for RenovITe
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Renovite Comparisons
Peer comparison for RenovITe
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Competitors of RenovITe
RenovITe 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 Allied Payment, Incedo, Tassat, Silot and CredoPay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Payment processing solutions are offered to banks and credit unions.
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Digital transformation services are provided by Incedo for enterprises.
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Blockchain-based solutions for financial services are provided by Tassat.
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AI-enabled banking software and merchant solutions are provided.
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Merchant acquirer payment processing solutions for businesses
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Offers an app-based platform for consumer finance and merchant payment management.
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Detailed competitors of RenovITe
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Latest news on Renovite
Complete news archive for RenovITe
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Frequently Asked Questions about RenovITe
RenovITe was founded in 2014.
RenovITe is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
As of Apr 05, 2024, the latest employee count at RenovITe is 119.
Annual revenue of RenovITe is $1.89M as on Mar 31, 2021.
RenovITe was founded in 2014 in Fremont, United States, and operates in the fintech sector. A payment processing platform is offered to businesses, acquirers, payment service providers, and banks. Principal products include RIPPS for EFT switching and REXA for test automation, both enabling deployment of payment services. Custom payment system design and development services are also provided.
RenovITe's top competitors include Mindgate, Allied Payment and Tassat.
RenovITe has made 1 acquisition, including Q-ATM.
RenovITe has 1 investor. Key investors include JPMorgan Chase.