About Tab Payments
Tab Payments is a company based in Toronto (Canada) founded in 2013 was acquired by Velocity Black in October 2015. Tab Payments operates in a competitive market with competitors including MyCheck, Perk Labs, CHK PLZ, Ready and Zewallet, among others.
- Headquarter Toronto, Canada
- SectorsFinancial Services
- Website tabpayments.co
- Social LinkedIn X Facebook
- Acquired by Velocity Black (Oct 2015)
- Investors
- Acquired byVelocity Black
(Oct 2015)
Investors in Tab Payments
Tab Payments has secured backing from 1 investor. Prominent investors backing the company include Velocity Black.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of anAI-driven travel planning & recommendation platform | 2014 | velocity.black | London, United Kingdom |
Investor details for Tab Payments
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- Complete investor list
- Round participation
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Timeline of Tab Payments
2 dated milestones of Tab Payments across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Tab Payments is founded.
- Exit Acquired by Velocity Black.
Competitors of Tab Payments
Tab Payments 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 MyCheck, Perk Labs, CHK PLZ, Ready and Zewallet, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mycheck.io | 2011 | Tel Aviv, Israel | $10.9M | – | Provider of digital solutions for the hospitality industry | |
| perklabs.io | 2014 | Vancouver, Canada | – | 11 | AI-driven digital loyalty and mobile payment platform is provided. | |
| chkplz.ca | 2018 | Montreal, Canada | – | – | App-based payment solutions are offered for bars and restaurants. | |
| readytopay.com | 2011 | Vancouver, Canada | – | – | Mobile app for ordering and paying at restaurants is provided. | |
| zewallet.com | 2021 | Toronto, Canada | – | – | QR-based mobile wallet for dining payments is provided. | |
| livcity.ca | 2019 | Calgary, Canada | – | – | Social app for ordering, coupons, in-app payments at venues and businesses. | |
| xromb.com | 2011 | Mississauga, Canada | – | – | Provides NFC-enabled mobile payment solutions for businesses. | |
| billmaster.ca | 2019 | Montreal, Canada | – | – | Contactless app for restaurant payments, rewards, and real-time bill tracking. |
Detailed competitors of Tab Payments
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Similar companies to Tab Payments
10 companies that operate in the same segment as Tab Payments (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 Tab Payments
Tab Payments was founded in 2013.
Tab Payments is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Tab is a mobile payments app for dining. Provides a mobile wallet where users can load their cards and make payments at the Tab partner restaurants and dining places. Tab users set a default tipping percentage, which they can change anytime if the service is spectacular, or turns out to stink. Tab supplies restaurants with iPad Minis. Servers check customers in, and can see a profile of who theyre serving, allowing for a more personalized experience. After the meal, the server enters the total amount that is owing, to which the Tab then adds the specified tip and collects from the customers credit card, and passes along to the restaurant. Tab takes a small percentage for every transaction made through its application. Has 25 partner restaurants.
Tab Payments has 1 investor. Key investors include Velocity Black.
Yes. Tab Payments was acquired by Velocity Black in October 2015.