About SmartDebit
SmartDebit is a company based in Bagshot (United Kingdom) founded in 1998 was acquired by The Access Group in September 2021.. The company has 4,353 employees as of January 31, 2022. SmartDebit offers products and services including Direct Debit, Online Payments, and Fraud Management. SmartDebit operates in a competitive market with competitors including Answer Pay, Nuapay, Eazy Collect, Rapidata Services and Interbacs, among others.
- Headquarter Bagshot, United Kingdom
- Employees 4353 as on 31 Jan, 2022
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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 Payment Solutions Ltd
- Date of Incorporation 16 Jan, 1998
- Jurisdiction LOUGHBOROUGH, ENGLAND
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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
4353
as on Jan 31, 2022
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Acquired by
The Access Group
(Sep 16, 2021)
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Products & Services of SmartDebit
SmartDebit offers a comprehensive portfolio of products and services, including Direct Debit, Online Payments, and Fraud Management. 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 automated bank withdrawals for recurring payments.
Facilitates secure web-based payment collections.
Protects against fraudulent activities in transactions.
Funding Insights of SmartDebit
| 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 SmartDebit
SmartDebit has secured backing from 1 investor. Prominent investors backing the company include The Access Group. 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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Cloud-based ERP software is offered for multiple industries.
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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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Founded Year | Domain | Location |
Investments & Acquisitions by SmartDebit
| 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 - SmartDebit
| 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 |
Smartdebit Comparisons
Competitors of SmartDebit
SmartDebit 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 Answer Pay, Nuapay, Eazy Collect, Rapidata Services and Interbacs, 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 |
Direct debit solutions for business payments are offered.
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SaaS-based payment processor for businesses
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| domain | founded_year | HQ Location |
Direct debit solutions are provided to businesses via multiple channels.
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| domain | founded_year | HQ Location |
Cloud-based payment processing solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Provides direct debit payment solutions for businesses.
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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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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 Smartdebit
Frequently Asked Questions about SmartDebit
When was SmartDebit founded?
SmartDebit was founded in 1998.
Where is SmartDebit located?
SmartDebit is headquartered in Bagshot, United Kingdom. It is registered at Bagshot, Surrey, United Kingdom.
How many employees does SmartDebit have?
As of Jan 31, 2022, the latest employee count at SmartDebit is 4,353.
What does SmartDebit do?
SmartDebit was established in 1998 and is based in Bagshot, United Kingdom. Operations focus on the financial services sector, where direct debit, SEPA, online, and cheque processing are handled. Recurring payment solutions and Bacs-accredited training courses are also provided to clients across the region. Setup fees begin at 199, with monthly subscriptions starting from 30.
Who are the top competitors of SmartDebit?
SmartDebit's top competitors include Rapidata Services, Eazy Collect and Nuapay.
What products or services does SmartDebit offer?
SmartDebit offers Direct Debit, Online Payments, and Fraud Management.
Who are SmartDebit's investors?
SmartDebit has 1 investor. Key investors include The Access Group.