Tab Payments

Toronto, Canada Founded: 2013 • Age: 13 yrs Acquired By Velocity Black
Mobile Payments at Torontos Restaurants
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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
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Velocity Black

    (Oct 15, 2015)

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Funding Insights of Tab Payments

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Tab Payments

Tab Payments has secured backing from 1 investor. Prominent investors backing the company include Velocity Black. 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.

All
Investor Description Founded Year Domain Location
Provider of anAI-driven travel planning & recommendation platform
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tab Payments

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Tab Payments

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tab Payments Comparisons

Employees
+
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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. 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
Provider of digital solutions for the hospitality industry
domain founded_year HQ Location
AI-driven digital loyalty and mobile payment platform is provided.
domain founded_year HQ Location
App-based payment solutions are offered for bars and restaurants.
domain founded_year HQ Location
Mobile app for ordering and paying at restaurants is provided.
domain founded_year HQ Location
QR-based mobile wallet for dining payments is provided.
domain founded_year HQ Location
Social app for ordering, coupons, in-app payments at venues and businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tab Payments

Frequently Asked Questions about Tab Payments

When was Tab Payments founded?

Tab Payments was founded in 2013.

Where is Tab Payments located?

Tab Payments is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

What does Tab Payments do?

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.

Who are the top competitors of Tab Payments?

Tab Payments's top competitors include Perk Labs, MyCheck and Ready.

Who are Tab Payments's investors?

Tab Payments has 1 investor. Key investors include Velocity Black.

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