About Sona Pay
Sona Pay is a company based in Halifax (Canada) founded in 2016 by Ryan O'Leary was acquired by Celero Commerce in August 2024.. Sona Pay operates in a competitive market with competitors including Square, Zettle, ShopKeep, POSaBIT and Clip, among others.
- Headquarter Halifax, Canada
- Founders Ryan O'Leary
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Sectors
Retail
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Phone
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Website
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Social
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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
Celero Commerce
(Aug 06, 2024)
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Funding Insights of Sona Pay
| 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 Sona Pay
Sona Pay has secured backing from 1 investor. Prominent investors backing the company include Celero Commerce. 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 business management software is provided for SMBs.
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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 Sona Pay
| 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 - Sona Pay
| 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 |
Sona Pay Comparisons
Competitors of Sona Pay
Sona Pay 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 Square, Zettle, ShopKeep, POSaBIT and Clip, 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 |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Payment processing solutions are offered to merchants and businesses.
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| domain | founded_year | HQ Location |
Cloud-based point-of-sale software is provided for retailers and restaurants.
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| domain | founded_year | HQ Location |
POS software and hardware are provided for cannabis retailers.
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| domain | founded_year | HQ Location |
POS solutions are provided to offline retailers via mobile devices.
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| domain | founded_year | HQ Location |
White-label payment gateways are built for global e-commerce transactions.
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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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| 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 Sona Pay
When was Sona Pay founded?
Sona Pay was founded in 2016.
Where is Sona Pay located?
Sona Pay is headquartered in Halifax, Canada. It is registered at Halifax, Nova Scotia, Canada.
Who is the current CEO of Sona Pay?
Ryan O'Leary is the current CEO of Sona Pay. They have also founded this company.
What does Sona Pay do?
Sona Pay was established in 2016 in Halifax, Canada, within the fintech sector. Payment processing services are delivered to businesses, featuring gateways for e-commerce platforms, third-party integrations, wireless point-of-sale hardware, and mobile terminals with inventory tracking capabilities. Operations focus on supporting retail and financial entities, with clients including Rans Restaurants, Finbars, and Inova Credit Union.
Who are the top competitors of Sona Pay?
Who are Sona Pay's investors?
Sona Pay has 1 investor. Key investors include Celero Commerce.
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