About Saxo Payments Banking Circle
Saxo Payments Banking Circle is a company based in Hellerup (Denmark) founded in 2013 was acquired by EQT Ventures in July 2018.. Saxo Payments Banking Circle has completed 3 acquisitions, including ASL, B4BPayments and SEPAexpress. Saxo Payments Banking Circle offers products and services including Accounts, Payments, Foreign Exchange, Deposits, and Agency Banking. Saxo Payments Banking Circle operates in a competitive market with competitors including Cross River, Solaris, QI Tech, ClearBank and The Bank of London, among others.
- Headquarter Hellerup, Denmark
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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 Banking Circle Denmark, Branch Of Banking Circle Sa, Luxembourg
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
ASL
& 2 more
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Acquired by
EQT Ventures
(Jul 09, 2018)
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Products & Services of Saxo Payments Banking Circle
Saxo Payments Banking Circle offers a comprehensive portfolio of products and services, including Accounts, Payments, Foreign Exchange, Deposits, and Agency Banking. 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.
Service for managing financial accounts and transactions
Solutions for global and instant payment handling
Strategies for FX conversions and currency support
Tools for deposit handling and fund settlements
Services for correspondent and agency banking operations
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Software Development Team
16 people
Senior Team
13 people
Leadership Team
10 people
Head Team
9 people
Sales and Marketing
8 people
Finance and Accounting
6 people
Data Analysis and Operations Team
4 people
Legal and Compliance
4 people
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Funding Insights of Saxo Payments Banking Circle
| 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 |
investors |
Investors in Saxo Payments Banking Circle
Saxo Payments Banking Circle has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include EQT 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 investments in technology and innovation sectors.
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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 Saxo Payments Banking Circle
Saxo Payments Banking Circle has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ASL, B4BPayments and SEPAexpress. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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SEPA direct debit payments are processed via an API-linked gateway.
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2014 | ||||
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White-label prepaid MasterCard issuance is offered by B4B Payments.
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2006 | ||||
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Diversified payment acceptance solutions are provided to businesses.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Saxo Payments Banking Circle
| 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 |
investors |
Saxo Payments Banking Circle Comparisons
Competitors of Saxo Payments Banking Circle
Saxo Payments Banking Circle 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 Cross River, Solaris, QI Tech, ClearBank and The Bank of London, 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 |
Open banking API solutions are provided for financial institutions.
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| domain | founded_year | HQ Location |
Solaris is recognized as a leading embedded finance platform in Europe.
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| domain | founded_year | HQ Location |
Open banking API solutions are provided for financial product building.
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| domain | founded_year | HQ Location |
Cloud-based open banking API is developed for banking-as-a-service solutions.
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| domain | founded_year | HQ Location |
Provider of banking solutions for businesses, focusing on payments, corporate banking, and embedded finance
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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 Saxo Payments Banking Circle
Frequently Asked Questions about Saxo Payments Banking Circle
When was Saxo Payments Banking Circle founded?
Saxo Payments Banking Circle was founded in 2013.
Where is Saxo Payments Banking Circle located?
Saxo Payments Banking Circle is headquartered in Hellerup, Denmark.
Who is the current CEO of Saxo Payments Banking Circle?
Anders la Cour is the current CEO of Saxo Payments Banking Circle.
What does Saxo Payments Banking Circle do?
Saxo Payments Banking Circle was founded in 2013 in Hellerup, Denmark, within the fintech sector. Open banking APIs are delivered to banks and financial institutions, supported by a banking license. Multi-currency physical and virtual IBAN accounts, current accounts, settlement accounts, FX channels, and various payment options are enabled through this API-based software. Operations focus on facilitating international financial services across Europe.
Who are the top competitors of Saxo Payments Banking Circle?
Saxo Payments Banking Circle's top competitors include Solaris, Cross River and ClearBank.
What products or services does Saxo Payments Banking Circle offer?
Saxo Payments Banking Circle offers Accounts, Payments, Foreign Exchange, Deposits, and Agency Banking.
How many acquisitions has Saxo Payments Banking Circle made?
Saxo Payments Banking Circle has made 3 acquisitions, including ASL, B4BPayments, and SEPAexpress.
Who are Saxo Payments Banking Circle's investors?
Saxo Payments Banking Circle has 1 investor. Key investors include EQT Ventures.
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