About Symblepay
Symblepay is a company based in Vedbæk (Denmark) founded in 2021 by Lars Sten Nielsen and Toke Reimer Skovgaard.. Symblepay offers products and services including Safepay App, Marketplace Escrow Module, and Business Escrow Service. Symblepay operates in a competitive market with competitors including Tripartie and PayProff, among others.
- Headquarter Vedbæk, Denmark
- Founders Lars Sten Nielsen, Toke Reimer Skovgaard
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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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- Legal Name Safepay Nordic Aps
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Annual Revenue
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Net Profit
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Employee Count
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Products & Services of Symblepay
Symblepay offers a comprehensive portfolio of products and services, including Safepay App, Marketplace Escrow Module, and Business Escrow Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for secure escrow-based transactions for consumers.
Escrow tool for marketplaces to ensure safe transactions.
Service for securing B2B payments and reducing risks.
Funding Insights of Symblepay
| 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 |
Investments & Acquisitions by Symblepay
| 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 - Symblepay
| 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 |
Symblepay Comparisons
Competitors of Symblepay
Symblepay 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 Tripartie and PayProff, 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 |
Escrow payment solutions are provided for businesses and marketplaces.
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| domain | founded_year | HQ Location |
Escrow services are offered for secure online buyer-seller payments.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Symblepay
When was Symblepay founded?
Symblepay was founded in 2021.
Where is Symblepay located?
Symblepay is headquartered in Vedbæk, Denmark.
Who is the current CEO of Symblepay?
Lars Sten Nielsen is the current CEO of Symblepay. They have also founded this company.
What does Symblepay do?
Symblepay was founded in 2021 in Vedbaek, Denmark, as a fintech solution focused on escrow services. Trade requests are created by buyers or sellers, with funds deposited into a secure account and held until shipment and approval occur. Upon buyer acceptance, payments are released to sellers; rejections require returns before refunds are issued. The platform operates via Android and iOS applications for cross-border and domestic transactions.
Who are the top competitors of Symblepay?
What products or services does Symblepay offer?
Symblepay offers Safepay App, Marketplace Escrow Module, and Business Escrow Service.