About Sonicboom
Sonicboom is a company based in Kuala Lumpur (Malaysia) founded in 2016. It operates as a FinTech and API-as-a-Product. Sonicboom offers products and services including Cashless Parking with Contactless, Cashless Parking with LPR/ANPR, EV Charging Payment, Toll Highways Payment, and Transit Bus Payment. Sonicboom operates in a competitive market with competitors including Ezetap, 2can, Xilnex, SignCatch and Fasspay, among others.
- Headquarter Kuala Lumpur, Malaysia
- SectorsFinancial Services
- Phone•••• ••••
- Website sonicboom.my
- Social LinkedIn Facebook
- Investors
Products & Services of Sonicboom
Sonicboom offers a comprehensive portfolio of products and services, including Cashless Parking with Contactless, Cashless Parking with LPR/ANPR, EV Charging Payment, Toll Highways Payment, and Transit Bus Payment.
Cashless parking payments are enabled using contactless cards.
License plate recognition is used for cashless parking.
Cashless payments are facilitated for EV charging stations.
Cashless transactions are supported for toll highway payments.
Cashless payments are provided for public transit buses.
Automated cashless payments are offered for car washes.
Funding Insights of Sonicboom
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Sonicboom with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2023 | – | Seed | – | ScaleUp Malaysia | – |
1 investors in total: 1 institutional.
Investors in Sonicboom
Sonicboom has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ScaleUp Malaysia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | scaleup.my | - |
Investor details for Sonicboom
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Sonicboom
3 people are tracked at Sonicboom (3 in leadership).
| Name | Role | Group |
|---|---|---|
Sourena K. | Head Of Project In Fintech, Payment And Self-service Technology | Leadership |
Wave Chuang | Co-founder / CTO | Leadership |
Derek T | Chief Executive Officer | Leadership |
Complete people profiles for Sonicboom
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Sonicboom
2 dated milestones of Sonicboom across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Sonicboom is founded.
- Funding First funding round.
Competitors of Sonicboom
Sonicboom 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 Ezetap, 2can, Xilnex, SignCatch and Fasspay, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ezetap.com | 2011 | Bengaluru, India | $66.4M | 532 | Cloud-based mPOS software and hardware solutions are provided for businesses. | |
| 2can.ru | 2012 | Moscow, Russia | $9.6M | – | Card payments are enabled on smartphones for Russian merchants. | |
| xilnex.com | 2008 | Bayan Lepas, Malaysia | $1.23M | – | Cloud-based POS solutions are provided with management and integration features. | |
| signcatch.com | 2014 | Delhi, India | $1.45M | 2 | SaaS-based PoS platform integrates systems with websites and mobile apps. | |
| fasspay.com | 2011 | Kuala Lumpur, Malaysia | – | – | Provider of mPoS solution for merchants | |
| muxi.com | 2000 | – | – | – | Payment solutions are provided to offline retailers by Muxi. | |
| miniandmore.co | 2017 | Gaziantep, Turkey | – | – | Cloud-based POS software is provided for retail operations. | |
| zeepos.com | 2016 | Jakarta, Indonesia | – | – | Provides mPOS software and hardware solutions. | |
| wavpay.net | 2017 | Petaling Jaya, Malaysia | – | – | Offers an app-enabled QR code payment and POS terminal solution for merchants and businesses. |
Detailed competitors of Sonicboom
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Sonicboom
The website of Sonicboom (sonicboom.my) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 35.1% vs previous month
Similar companies to Sonicboom
10 companies that operate in the same segment as Sonicboom (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Sonicboom
Sonicboom was founded in 2016 and raised its 1st funding round 7 years after it was founded.
Sonicboom is headquartered in Kuala Lumpur, Malaysia.
Sonicboom is engaged in delivering cloud-based cashless payment solutions for unattended mobility businesses. Operations are focused on sectors like parking, EV charging, toll highways, public transit, and car washes. Solutions are designed to integrate seamlessly with various machines, supporting over 22 billion payment cards worldwide. Efficiency and security are prioritized, with ultra-fast transaction speeds and EMV certification. The platform is widely adopted across multiple industries, enhancing revenue and customer satisfaction through digital payment systems.
Sonicboom offers Cashless Parking with Contactless, Cashless Parking with LPR/ANPR, EV Charging Payment, Toll Highways Payment, and 2 more products and services.
Sonicboom has 1 investor. Key investors include ScaleUp Malaysia.