About Softpay.io
Softpay.io is a company based in Copenhagen (Denmark) founded in 2019.. Softpay.io has raised $2.07 million across 1 funding round. The company has 30 employees as of November 30, 2024. Softpay.io offers products and services including Softpay App and White-label SoftPOS SDK. Softpay.io operates in a competitive market with competitors including PayRange, FreedomPay, CM Telecom, QueueBuster and CardSpring, among others.
- Headquarter Copenhagen, Denmark
- Employees 30 as on 30 Nov, 2024
- Stage Minicorn
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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 Softpay Aps
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Annual Revenue
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Net Profit
$-1.83 M (USD)-136as on Dec 31, 2022
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EBITDA
$-2.44 M (USD)-112as on Dec 31, 2022
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Total Equity Funding
$2.07 M (USD)
in 1 rounds
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Latest Funding Round
$2.07 M (USD), Seed
Dec 30, 2020
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Investors
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Employee Count
30
as on Nov 30, 2024
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Products & Services of Softpay.io
Softpay.io offers a comprehensive portfolio of products and services, including Softpay App and White-label SoftPOS SDK. 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.
App that enables contactless payments on Android devices.
SDK for customizing SoftPOS apps for businesses.
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Funding Insights of Softpay.io
Softpay.io has successfully raised a total of $2.07M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.07 million completed in December 2020. 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 Funding
- Total Rounds 1
- Last Round Seed — $2.1M
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First Round
First Round
(30 Dec 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Seed - Softpay.io | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Softpay.io
| 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 - Softpay.io
| 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 |
Softpay.Io Comparisons
Competitors of Softpay.io
Softpay.io 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 PayRange, FreedomPay, CM Telecom, QueueBuster and CardSpring, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile payments for vending machines are facilitated via smartphone app.
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| domain | founded_year | HQ Location |
Online payment gateway and MPOS solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Provider of engagement platform with AI agents and unified data tools
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| domain | founded_year | HQ Location |
All-in-one POS and business management system is provided.
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| domain | founded_year | HQ Location |
Mobile applications are connected to payment cards via APIs.
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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 Softpay.Io
Frequently Asked Questions about Softpay.io
When was Softpay.io founded?
Softpay.io was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Softpay.io located?
Softpay.io is headquartered in Copenhagen, Denmark.
Is Softpay.io a funded company?
Softpay.io is a funded company, having raised a total of $2.07M across 1 funding round to date. The company's 1st funding round was a Seed of $2.07M, raised on Dec 30, 2020.
How many employees does Softpay.io have?
As of Nov 30, 2024, the latest employee count at Softpay.io is 30.
What does Softpay.io do?
Softpay.io was established in 2019 in Copenhagen, Denmark, within the fintech sector. A mobile point-of-sale solution is delivered to businesses, allowing Android devices to serve as POS terminals. NFC-enabled contactless payments are accepted from credit and debit cards, e-wallets, and smartwatches. Integration with merchants existing POS systems is achieved via an app-switch mechanism, supporting payment processing operations across various business environments.
Who are the top competitors of Softpay.io?
Softpay.io's top competitors include PayRange, FreedomPay and CM Telecom.
What products or services does Softpay.io offer?
Softpay.io offers Softpay App and White-label SoftPOS SDK.
What is Softpay.io's valuation?
The valuation of Softpay.io is $9.52M as of Dec 2020.
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