About SardexPay
SardexPay is a company based in Italy founded in 2009 by Franco Contu, Gabriele Littera, and Piero Sanna.. SardexPay has raised $7.71 million across 5 funding rounds from investors including European Union, CDP Venture Capital and Primo Ventures. SardexPay offers products and services including SardexPay and Efficio+. SardexPay operates in a competitive market with competitors including Qonto, Hype, Tot, EVVA Finanzas and Phedro Impresa Group, among others.
- Headquarter Italy
- Founders Franco Contu, Gabriele Littera, Piero Sanna
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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 Sardex Spa
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.71 M (USD)
in 5 rounds
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Latest Funding Round
$4.29 M (USD), Series A
Jan 11, 2023
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Investors
European Union
& 6 more
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Employee Count
Employee Count
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Products & Services of SardexPay
SardexPay offers a comprehensive portfolio of products and services, including SardexPay and Efficio+. 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.
Enables businesses to exchange goods via complementary currency.
Provides zero-interest credit lines for business activities.
Funding Insights of SardexPay
SardexPay has successfully raised a total of $7.71M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $4.29 million completed in January 2023. 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 Total Funding
- Total Rounds 5
- Last Round Series A — $4.3M
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First Round
First Round
(11 Apr 2016)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series A - SardexPay | Valuation |
investors |
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| Jul, 2021 | Amount | Seed - SardexPay | Valuation |
investors |
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| Jul, 2020 | Amount | Seed - SardexPay | Valuation | CDP Venture Capital |
| 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 SardexPay
SardexPay has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, CDP Venture Capital and Primo Ventures. 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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Venture capital and fund of funds focused on multiple sectors
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Founded Year | Domain | Location | |
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VC firm investing in seed and early stage companies in Italy
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Founded Year | Domain | Location | |
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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 SardexPay
| 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 - SardexPay
| 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 |
Sardexpay Comparisons
Competitors of SardexPay
SardexPay 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 Qonto, Hype, Tot, EVVA Finanzas and Phedro Impresa Group, 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 |
Subscription-based online banking is offered to SMEs and freelancers.
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| domain | founded_year | HQ Location |
Marketing optimization tools for creators' landing pages are provided.
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| domain | founded_year | HQ Location |
Digital banking services for businesses are provided by Tot.
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| domain | founded_year | HQ Location |
Digital banking services are offered to startups and businesses.
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| domain | founded_year | HQ Location |
Offers a digital lending platform for credit and financial solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Sardexpay
Frequently Asked Questions about SardexPay
When was SardexPay founded?
SardexPay was founded in 2009 and raised its 1st funding round 7 years after it was founded.
Where is SardexPay located?
SardexPay is headquartered in Italy.
Who is the current CEO of SardexPay?
Marco De Guzzis is the current CEO of SardexPay.
Is SardexPay a funded company?
SardexPay is a funded company, having raised a total of $7.71M across 5 funding rounds to date.
What does SardexPay do?
Founded in 2009 in Italy, SardexPay operates as a digital bank focused on business clients. Services offered include business accounts, prepaid cards, merchant and bill payments, employee credit accounts with credit points, business lines of credit, and a marketplace for selling products to other businesses, freelancers, and individuals. Operations are centered in the fintech sector, supporting commercial transactions and financial tools across Italy.
What products or services does SardexPay offer?
SardexPay offers SardexPay and Efficio+.
Who are SardexPay's investors?
SardexPay has 7 investors. Key investors include European Union, CDP Venture Capital, Primo Ventures, Innogest Capital, and Banca Sella Holding.
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