About Snapper
Snapper is a company based in Wellington (New Zealand) founded in 2006 was acquired by Allectus Capital in May 2019.. Snapper offers products and services including Snapper Card and Snapper App. Snapper operates in a competitive market with competitors including iPASS, Inforbus, EZ-Link, Macau Pass and Ready Credit Corporation, among others.
- Headquarter Wellington, New Zealand
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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 Snapper Services Limited
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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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Acquired by
Allectus Capital
(May 31, 2019)
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Products & Services of Snapper
Snapper offers a comprehensive portfolio of products and services, including Snapper Card and Snapper App. 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.
Contactless card for public transport fares and balances
App for managing card top-ups and transaction history
Funding Insights of Snapper
| 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 Snapper
Snapper has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Allectus Capital. 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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Early to late stage tech investments in Australia are targeted.
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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 Snapper
| 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 - Snapper
| 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 |
Snapper Comparisons
Competitors of Snapper
Snapper 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 iPASS, Inforbus, EZ-Link, Macau Pass and Ready Credit Corporation, 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 |
NFC-enabled prepaid cards for public transport and payments are provided.
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| domain | founded_year | HQ Location |
Provides payment gateway solutions tailored for transportation businesses.
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| domain | founded_year | HQ Location |
Provides prepaid card solutions for businesses.
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| domain | founded_year | HQ Location |
Prepaid cards for public transportation in Macau are offered.
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| domain | founded_year | HQ Location |
Prepaid cards for public transport and recharging kiosks are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Snapper
Frequently Asked Questions about Snapper
When was Snapper founded?
Snapper was founded in 2006.
Where is Snapper located?
Snapper is headquartered in Wellington, New Zealand.
What does Snapper do?
Snapper was formed in 2006, launched in 2008 at Wellington. Snapper provides a contactless payment services in New Zealand. Snapper has an e-account or a mobile app that lets users to link cards or load mo ey in it, which can further used for payments at various sites. Snapper provides various products for payment transactions like Snapper cards, Snapper key rings, or the Snapper wallet with NFC enabled mobile. Over 400,000 Snappers have been issued, generating over 195 million transactions across more than 1,000 buses, 3,000 taxis, and over 500 retailers in New Zealand.
Who are the top competitors of Snapper?
Snapper's top competitors include Macau Pass, iPASS and Ready Credit Corporation.
What products or services does Snapper offer?
Snapper offers Snapper Card and Snapper App.
Who are Snapper's investors?
Snapper has 1 investor. Key investors include Allectus Capital.