SardexPay

Italy Founded: 2009 • Age: 17 yrs
Digital bank for businesses
Annual revenue - Latest available
Total funding $7.7M 5 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 6 Brand Intelligence

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
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sardex Spa
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.71 M (USD)

    in 5 rounds

  • Latest Funding Round
    $4.29 M (USD), Series A

    Jan 11, 2023

  • Investors
  • 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+.

Primary

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 Rounds 5
  • Last Round Series A — $4.3M
  • First Round

    (11 Apr 2016)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2023 Amount Series A - SardexPay Valuation

investors

Jul, 2021 Amount Seed - SardexPay Valuation

investors

Jul, 2020 Amount Seed - SardexPay Valuation CDP Venture Capital

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital and fund of funds focused on multiple sectors
Founded Year Domain Location
VC firm investing in seed and early stage companies in Italy
Founded Year Domain Location
-
Founded Year Domain Location

Investments & Acquisitions by SardexPay

Investments

Financial Statements - SardexPay

Sardexpay Comparisons

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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.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Subscription-based online banking is offered to SMEs and freelancers.
domain founded_year HQ Location
Marketing optimization tools for creators' landing pages are provided.
domain founded_year HQ Location
Digital banking services for businesses are provided by Tot.
domain founded_year HQ Location
Digital banking services are offered to startups and businesses.
domain founded_year HQ Location
Offers a digital lending platform for credit and financial solutions.

Latest news on Sardexpay

Frequently Asked Questions about SardexPay

SardexPay was founded in 2009 and raised its 1st funding round 7 years after it was founded.

SardexPay is headquartered in Italy.

Marco De Guzzis is the current CEO of SardexPay.

SardexPay is a funded company, having raised a total of $7.71M across 5 funding rounds to date.

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.

SardexPay's top competitors include Qonto, Hype and Tot.

SardexPay offers SardexPay and Efficio+.

SardexPay has 7 investors. Key investors include European Union, CDP Venture Capital, Primo Ventures, Innogest Capital, and Banca Sella Holding.

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