About Startec Payment & Service
Startec Payment & Service is a company based in Hamburg (Germany) founded in 2006 was acquired by Heidelpay in May 2017.. The company has 62 employees as of December 31, 2019. Startec Payment & Service operates in a competitive market with competitors including Ezetap, Orderbird, Vectron Systems, Tillhub and Concardis, among others.
- Headquarter Hamburg, Germany
- Employees 62 as on 31 Dec, 2019
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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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Funding Insights of Startec Payment & Service
| 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 Startec Payment & Service
Startec Payment & Service has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Heidelpay and AnaCap Financial Partners. 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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Private equity firm focused on mid-market financial, technology, and business services companies
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Founded Year | Domain | Location | |
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Payment acquiring and processing solutions are provided to merchants.
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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 Startec Payment & Service
| 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 - Startec Payment Service
| 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 |
Startec Payment & Service Comparisons
Competitors of Startec Payment & Service
Startec Payment & Service 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, Orderbird, Vectron Systems, Tillhub and Concardis, 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 |
Cloud-based mPOS software and hardware solutions are provided for businesses.
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| domain | founded_year | HQ Location |
POS solutions for restaurants, bars, and cafes are provided.
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| domain | founded_year | HQ Location |
POS hardware and software solutions are provided for merchants.
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| domain | founded_year | HQ Location |
iPad-based POS system is offered for retail stores.
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| domain | founded_year | HQ Location |
Payment gateway and PoS software are provided across Europe.
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| domain | founded_year | HQ Location |
Card payments are enabled on smartphones for Russian merchants.
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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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Latest news on Startec Payment & Service
Frequently Asked Questions about Startec Payment & Service
When was Startec Payment & Service founded?
Startec Payment & Service was founded in 2006.
Where is Startec Payment & Service located?
Startec Payment & Service is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Who is the current CEO of Startec Payment & Service?
Philipp Zwirner is the current CEO of Startec Payment & Service.
How many employees does Startec Payment & Service have?
As of Dec 31, 2019, the latest employee count at Startec Payment & Service is 62.
What does Startec Payment & Service do?
Startec Payment Service was founded in 2006 in Hamburg, Germany, focusing on the payments sector. POS systems are supplied to offline retailers through the POSBOX product, which incorporates cash register software, a receipt printer, and a terminal for cashless transactions. Third-party POS terminals are also made available. Supported features encompass IC-Vario compatibility, contactless payment options, low credit discounts, and DCC for direct client connections.
Who are the top competitors of Startec Payment & Service?
Startec Payment & Service's top competitors include Ezetap, Vectron Systems and Orderbird.
Who are Startec Payment & Service's investors?
Startec Payment & Service has 2 investors. Key investors include Heidelpay, and AnaCap Financial Partners.
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