About Startec Payment & Service
Startec Payment & Service is a Financial Services company based in Hamburg (Germany) founded in 2006, and was acquired by Heidelpay in May 2017. It operates as a POS solutions for offline retailers. The company has 62 employees. Its chief executive is Philipp Zwirner. Its focus areas include FinTech, Payments, Business Payments and POS Payments. Its competitors include Ezetap, Orderbird, Vectron Systems, Tillhub and Concardis and 4 more; 5 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Hamburg, Germany
- Employees 62
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website startec-payment.de
- Social LinkedIn
- Acquired by Heidelpay (May 2017)
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on mid-market financial, technology, and business services companies | – | anacapfp.com | London, United Kingdom | |
Payment acquiring and processing solutions are provided to merchants. | 2003 | heidelpay.com | Frankfurt Am Main, Germany |
Investor details for Startec Payment Service
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People of Startec Payment & Service
1 people are tracked at Startec Payment & Service (1 in leadership); the tracked headcount is 62.
| Name | Role | Group |
|---|---|---|
Philipp Zwirner | CEO & MD | Leadership |
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Timeline of Startec Payment & Service
2 dated milestones of Startec Payment & Service across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Startec Payment & Service is founded.
- Exit Acquired by Heidelpay.
Competitors of Startec Payment & Service
Startec Payment & Service has 9 listed competitors in our database, 5 of them funded. They include Ezetap, Orderbird, Vectron Systems, Tillhub and Concardis, 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. | |
| orderbird.com | 2011 | Berlin, Germany | $36.33M | 104 | POS solutions for restaurants, bars, and cafes are provided. | |
| vectron-systems.com | 1990 | Munster, Germany | – | 168 | POS hardware and software solutions are provided for merchants. | |
| tillhub.de | 2015 | Berlin, Germany | $4.89M | 53 | iPad-based POS system is offered for retail stores. | |
| concardis.com | 2003 | Eschborn, Germany | – | 418 | Payment gateway and PoS software are provided across Europe. | |
| 2can.ru | 2012 | Moscow, Russia | $9.6M | – | Card payments are enabled on smartphones for Russian merchants. | |
| signcatch.com | 2014 | Delhi, India | $1.45M | 2 | SaaS-based PoS platform integrates systems with websites and mobile apps. | |
| muxi.com | 2000 | – | – | – | Payment solutions are provided to offline retailers by Muxi. | |
| poresy.com | 2002 | Konigswinter, Germany | – | 28 | POS software solutions are provided for business operations. |
Detailed competitors of Startec Payment Service
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Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as Startec Payment & Service (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 5.06 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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Related news about Startec Payment & Service
Complete news archive for Startec Payment Service
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Frequently Asked Questions about Startec Payment & Service
Startec Payment & Service was founded in 2006.
Startec Payment & Service is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Philipp Zwirner is the current CEO of Startec Payment & Service.
Startec Payment & Service has 62 employees.
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.
Startec Payment & Service's top competitors include Ezetap, Vectron Systems and Orderbird.
Startec Payment & Service has 2 investors. Key investors include Heidelpay, and AnaCap Financial Partners.
Yes. Startec Payment & Service was acquired by Heidelpay in May 2017.