About Sage Pay
Sage Pay is a company based in Newcastle Upon Tyne (United Kingdom) founded in 2005 was acquired by Elavon in November 2019.. Sage Pay offers products and services including DX8000 Card Machine, Elavon Payment Gateway, Tetra Move, and Elavon Mobile. Sage Pay operates in a competitive market with competitors including Square, Flutterwave, HighRadius, Nuvei and Teya, among others.
- Headquarter Newcastle Upon Tyne, United Kingdom
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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 Elavon Digital Europe Limited
- Date of Incorporation 13 Jan, 2011
- Jurisdiction LONDON
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Products & Services of Sage Pay
Sage Pay offers a comprehensive portfolio of products and services, including DX8000 Card Machine, Elavon Payment Gateway, Tetra Move, and Elavon Mobile. 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.
Compact device for in-store and mobile payments with touchscreen
Secure platform for online and recurring transactions
Portable terminal for secure wireless payments anywhere
App-based solution for payments via mobile network
Funding Insights of Sage Pay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Sage Pay
Sage Pay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Elavon. 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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Merchant service provider
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Sage Pay
| 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 - Sage Pay
| 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 |
Sage Pay Comparisons
Competitors of Sage Pay
Sage Pay 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 Square, Flutterwave, HighRadius, Nuvei and Teya, 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 |
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| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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Provider of payment processing solutions for businesses
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Autonomous finance and payment solutions are provided to businesses.
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Payment processing solutions are delivered to merchants and businesses.
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Teya is focused on providing payment solutions for small businesses.
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Integrated financial services are provided for businesses and individuals.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sage Pay
Frequently Asked Questions about Sage Pay
When was Sage Pay founded?
Sage Pay was founded in 2005.
Where is Sage Pay located?
Sage Pay is headquartered in Newcastle Upon Tyne, United Kingdom.
Who is the current CEO of Sage Pay?
Seamus Smith is the current CEO of Sage Pay.
What does Sage Pay do?
Sage Pay was established in 2005 in Newcastle Upon Tyne, United Kingdom, within the fintech sector. Payment gateway services are delivered via API, hosted, or white-label formats to suit merchant needs. For offline operations, point-of-sale terminals and comprehensive systems are provided. Support is extended to mail ordertelephone orders and business-to-business transactions across various merchant types.
Who are the top competitors of Sage Pay?
Sage Pay's top competitors include Flutterwave, Square and Teya.
What products or services does Sage Pay offer?
Sage Pay offers DX8000 Card Machine, Elavon Payment Gateway, Tetra Move, and Elavon Mobile.
Who are Sage Pay's investors?
Sage Pay has 1 investor. Key investors include Elavon.
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