Sumpay

Hangzhou, China Founded: 2007 • Age: 19 yrs Acquired By 500 Durians
Payment gateway and prepaid card services are provided in China.
Annual revenue - Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Sumpay

Sumpay is a company based in Hangzhou (China) founded in 2007 was acquired by 500 Durians in November 2015. Sumpay operates in a competitive market with competitors including Square, Flutterwave, Ant Group, PayU and Coda Payments, among others.

  • Headquarter Hangzhou, China
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    500 Durians

    (Nov 24, 2015)

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Funding Insights of Sumpay

Investors in Sumpay

Sumpay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 500 Lottery Network.

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Institutional
Investor Description Founded Year Domain Location
Lottery games are offered via an online gambling platform.
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Investor details for Sumpay

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Investments & Acquisitions by Sumpay

Investments
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Investment portfolio details for Sumpay

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Financial Statements - Sumpay

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Detailed financials for Sumpay

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Sumpay Comparisons

Sumpay Primary company
Description
Payment gateway and prepaid card services are provided in Ch...
Location
Hangzhou, China
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Sumpay

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Competitors of Sumpay

Sumpay 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, Flutterwave, Ant Group, PayU and Coda Payments, among others.

Company Name Domain Founded year HQ Location Description
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POS solutions are provided for retail businesses.
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Provider of payment processing solutions for businesses
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Payment processing solution for consumers, small and micro businesses
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Online payment processing and credit solutions are provided for businesses.
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Provides payment processing, customizable stores, and marketplace for digital goods.
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Global payment processing is facilitated for businesses through diverse methods.
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Detailed competitors of Sumpay

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Latest news on Sumpay

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Complete news archive for Sumpay

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Frequently Asked Questions about Sumpay

Sumpay was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Sumpay is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.

Sumpay was founded in 2007 in Hangzhou, China, where a technology platform has been developed for third-party payment services. Licensing has been obtained to operate these services domestically. Offerings include payment gateways and offline prepaid card solutions. An investment of US35.6 million was made by 500.com, securing 63.0 equity in the company. Operations focus on the financial technology sector within China.

Sumpay's top competitors include PayU, Flutterwave and Square.

Sumpay has 1 investor. Key investors include 500 Lottery Network.

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