Softpay.io

Copenhagen, Denmark Founded: 2019 • Age: 7 yrs
Android devices are converted into POS systems for contactless payments.
Annual revenue - Latest available
Total funding $2.1M 1 rounds
Employees 30 Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Softpay Aps
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$1.83 M (USD)
    -136
    as on Dec 31, 2022
  • EBITDA
    -$2.44 M (USD)
    -112
    as on Dec 31, 2022
  • Total Equity Funding
    $2.07 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.07 M (USD), Seed

    Dec 30, 2020

  • Investors
    Not available
  • 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.

Product name locked
Category locked
Primary

App that enables contactless payments on Android devices.

Product name locked
Category locked
Locked

SDK for customizing SoftPOS apps for businesses.

People of Softpay.io

Headcount 10-50
Employee Profiles 4
Board Members and Advisors 3
Employee Profiles
People
Henrik Koch Nielsen
CPO
People
Wolfgang Steuer
Country Manager DACH

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Board Members and Advisors
people
Ivan Sandqvist
Co-Founder and Chairman

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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.

Investments & Acquisitions by Softpay.io

Investments
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Investment portfolio details for Softpay.io

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Financial Statements - Softpay.io

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Detailed financials for Softpay.io

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  • Profit trends
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Softpay.Io Comparisons

Softpay.io Primary company
Description
Android devices are converted into POS systems for contactle...
Location
Copenhagen, Denmark
Founded Year
2019
Annual Revenue
Not available
Net Profit
-$1.83 M (USD)
EBITDA
-$2.44 M (USD)
Employees
30
As of 2024
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Peer comparison for Softpay.io

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Mobile payments for vending machines are facilitated via smartphone app.
Locked Locked Locked
Online payment gateway and MPOS solutions are offered to businesses.
Locked Locked Locked
Provider of engagement platform with AI agents and unified data tools
Locked Locked Locked
All-in-one POS and business management system is provided.
Locked Locked Locked
Mobile applications are connected to payment cards via APIs.
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Detailed competitors of Softpay.io

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Latest news on Softpay.Io

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Complete news archive for Softpay.io

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Frequently Asked Questions about Softpay.io

Softpay.io was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Softpay.io is headquartered in Copenhagen, Denmark.

Softpay.io is a funded company, having raised a total of $2.07M across 1 funding round to date.

As of Nov 30, 2024, the latest employee count at Softpay.io is 30.

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.

Softpay.io's top competitors include PayRange, FreedomPay and CM Telecom.

Softpay.io offers Softpay App and White-label SoftPOS SDK.

The valuation of Softpay.io is $9.52M as of Dec 2020.

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