About SnapScan
SnapScan is a company based in Cape Town (South Africa). It operates as a FinTech, and Commission-Based. SnapScan has completed 1 acquisition, including Radar. SnapScan offers products and services including Face-to-Face Payments, Remote Payments, On-the-Go Payments, and Online Payments. SnapScan operates in a competitive market with competitors including Scan to Pay, QR Payments, Romhle and KINEKT Terminals, among others.
- Headquarter Cape Town, South Africa
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Financial Services
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Products & Services of SnapScan
SnapScan offers a comprehensive portfolio of products and services, including Face-to-Face Payments, Remote Payments, On-the-Go Payments, and Online Payments. 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.
QR codes are used for quick customer payments.
Payment links are sent via online platforms easily.
Mobile app enables payments anywhere with ease.
Online payments are streamlined for multiple payment options.
Funding Insights of SnapScan
| 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 |
Investments & Acquisitions by SnapScan
SnapScan has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Radar. 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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Cloud-based HR and payroll software is offered for small businesses.
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2016 |
| 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
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SnapScan
| 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 |
Snapscan Comparisons
Competitors of SnapScan
SnapScan 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 Scan to Pay, QR Payments, Romhle and KINEKT Terminals, 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 |
Secure QR payment platform for contactless transactions and merchant integrations.
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| domain | founded_year | HQ Location |
Provides QR payment gateways for businesses to accept various payment methods.
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| domain | founded_year | HQ Location |
Provides data strategy, analytics, and digital intelligence for smarter business decisions.
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| domain | founded_year | HQ Location |
Offers POS terminals integrated with blockchain technology for secure transactions.
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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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Frequently Asked Questions about SnapScan
Where is SnapScan located?
SnapScan is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
What does SnapScan do?
Mobile payment solutions are offered by SnapScan across South Africa. Services are focused on simplifying transactions for businesses and customers through face-to-face, remote, on-the-go, and online payment options. Various sectors including retail and online marketplaces are served with QR codes and payment links. Streamlined processes are ensured to enhance sales and reduce hassle for merchants nationwide.
Who are the top competitors of SnapScan?
SnapScan's top competitors include Scan to Pay, QR Payments and Romhle.
What products or services does SnapScan offer?
SnapScan offers Face-to-Face Payments, Remote Payments, On-the-Go Payments, and Online Payments.
How many acquisitions has SnapScan made?
SnapScan has made 1 acquisition, including Radar.