About Thames Technology
Thames Technology is a company based in Rayleigh (United Kingdom) founded in 1994 was acquired by Paragon ID in November 2019. Thames Technology has raised $4.01 million across 2 funding rounds from investors including Paragon ID, Independent Growth Finance and BGF. The company has 133 employees as of January 31, 2021. Thames Technology offers products and services including Metal Payment Cards, Gold Cards, Gift Cards, Loyalty Cards, and Membership Cards. Thames Technology operates in a competitive market with competitors including NymCard, Prepaid Financial Services, B4BPayments, Intercash and PrePay Solutions, among others.
- Headquarter Rayleigh, United Kingdom
- Employees 133 as on 31 Jan, 2021
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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
*********
- Legal Name Thames Card Technology Limited
- Date of Incorporation 26 Jul, 1994
- Jurisdiction HULL, EAST YORKSHIRE, UNITED KINGDOM
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Annual Revenue
$19.4 M (USD)-24as on Jun 30, 2021
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Net Profit
$412.73 K (USD)-84as on Jun 30, 2021
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EBITDA
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Total Equity Funding
$4.01 M (USD)
in 2 rounds
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Latest Funding Round
$4.96 M (USD), Debt – Conventional
Jun 26, 2019
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Investors
Paragon ID
& 2 more
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Employee Count
133
as on Jan 31, 2021
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Acquired by
Paragon ID
(Nov 04, 2019)
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Products & Services of Thames Technology
Thames Technology offers a comprehensive portfolio of products and services, including Metal Payment Cards, Gold Cards, Gift Cards, Loyalty Cards, and Membership Cards.
Ultra-desirable cards for financial transactions and loyalty
Solid gold cards for high-net-worth banking clients
Solutions for business gift card programs and sales
Cards for customer loyalty and reward systems
Personalized cards for organizational membership needs
People of Thames Technology
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Funding Insights of Thames Technology
Thames Technology has successfully raised a total of $4.01M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4.96 million completed in June 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $5.0M
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First Round
First Round
(01 Jun 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Debt – Conventional - Thames Technology | Valuation |
investors |
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| Jun, 2013 | Amount | Private Equity Round - Thames Technology | Valuation | BGF |
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Investors in Thames Technology
Thames Technology has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Paragon ID, Independent Growth Finance and BGF.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
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Founded Year | Domain | Location | |
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Working capital loans provider
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Founded Year | Domain | Location | |
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Access control solutions based on RFID and NFC are provided.
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Founded Year | Domain | Location |
Investments & Acquisitions by Thames Technology
Financial Statements - Thames Technology
Thames Technology Comparisons
Competitors of Thames Technology
Thames Technology 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 NymCard, Prepaid Financial Services, B4BPayments, Intercash and PrePay Solutions, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
NymCard is recognized as a card issuing and payment platform.
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| domain | founded_year | HQ Location |
Prepaid card solutions and payment technologies are provided globally.
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| domain | founded_year | HQ Location |
White-label prepaid MasterCard issuance is offered by B4B Payments.
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| domain | founded_year | HQ Location |
Prepaid card programs and turnkey solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Provider of prepaid card programmes.
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Frequently Asked Questions about Thames Technology
Thames Technology was founded in 1994 and raised its 1st funding round 19 years after it was founded.
Thames Technology is headquartered in Rayleigh, United Kingdom. It is registered at Rayleigh, Essex, United Kingdom.
Matthew Williams is the current CEO of Thames Technology.
Thames Technology is a funded company, having raised a total of $4.01M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $4.01M, raised on Jun 01, 2013.
As of Jan 31, 2021, the latest employee count at Thames Technology is 133.
Annual revenue of Thames Technology is $19.4M as on Jun 30, 2021.
Founded in 1994, Thames Technology operates in the payment card manufacturing sector. Cards including credit, debit, prepaid, gift, loyalty, and commercial types are developed, produced, personalized, and distributed. Accreditation by Mastercard and Visa is held for financial cards. Smart cards and magnetic stripe cards are manufactured for banking, retail, pay TV, ID, e-top up, health, access control, loyalty, and membership markets. The company is based in Rayleigh, United Kingdom.
Thames Technology's top competitors include NymCard, Prepaid Financial Services and B4BPayments.
Thames Technology offers Metal Payment Cards, Gold Cards, Gift Cards, Loyalty Cards, and Membership Cards.
Thames Technology has 3 investors. Key investors include Paragon ID, Independent Growth Finance, and BGF.