About Thames Technology
Thames Technology is a Financial Services company based in Rayleigh (United Kingdom) founded in 1994, and was acquired by Paragon ID in November 2019. Payment cards are manufactured, personalized, and distributed globally. 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. Its chief executive, as recorded, is Matthew Williams. Thames Technology offers products and services including Metal Payment Cards, Gold Cards, Gift Cards, Loyalty Cards, and Membership Cards. Its focus areas include FinTech, Payments, Enablers and White Label Solutions. Its legal entity is THAMES CARD TECHNOLOGY LIMITED. Its competitors include Prepaid Financial Services, B4BPayments and Intercash; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Rayleigh, United Kingdom
- Employees 133
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website thamestechnology.co.uk
- Social LinkedIn X
- Acquired by Paragon ID (Nov 2019)
- Legal Name Thames Card Technology Limited
- Date of Incorporation 26 Jul, 1994
- Jurisdiction HULL, EAST YORKSHIRE, UNITED KINGDOM
- Annual Revenue$19.4 M (USD)-24as on Jun 30, 2021
- Net Profit$412.73 K (USD)-84as on Jun 30, 2021
- Total Equity Funding$4.01M (USD)
in 2 rounds
- Latest Funding Round$4.96M (USD), Debt – Conventional
Jun 2019
- InvestorsParagon ID
& 2 more
- Employee Count133
- Acquired byParagon ID
(Nov 2019)
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
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 $4.01M
- Total Rounds 2
- Last Round Debt – Conventional — $4.96M
- First Round $4.01M
(Jun 2013)
- Investors Count 2
All 2 funding rounds of Thames Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | $4.96M | Debt – Conventional | – | – | |
| Jun 2013 | $4.01M | Private Equity Round | – | BGF | – |
3 investors in total: 3 institutional.
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 |
|---|---|---|---|---|
Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland | bgf.co.uk | Belfast, United Kingdom | ||
Working capital loans provider | 1997 | igfgroup.com | Redhill, United Kingdom | |
Access control solutions based on RFID and NFC are provided. | 1997 | paragon-id.com |
Investor details for Thames Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Thames Technology
16 people are tracked at Thames Technology (4 in leadership, 12 in team); the tracked headcount is 133.
| Name | Role | Group |
|---|---|---|
Matthew Williams | CEO | Leadership |
Craig Padley | UK Sales Director | Leadership |
Melanie Coates | Technical Account Director | Leadership |
Roben Leonard | Technical Director/ciso And DPO | Leadership |
Ade O. | Information Security And Technology Risk Officer | Team |
Kevin Smith | Logistics & Warehouse Operative | Team |
Karen Cuthbert | Production Planner | Team |
Aaron Firman | Logistics Operator | Team |
Jerzy Bodnarczuk | Maintenance Technician | Team |
Dean Stephenson | Factory Production & Logistics Manager | Team |
Spencer Mills | HP Indigo 35k Operator | Team |
Mike Harris | Materials Controller | Team |
Paul Stevenson | Production Planner | Team |
Anita Davis | Factory / Bureau Supervisor | Team |
Haris Karampelas | International Business Development Manager | Team |
Amanda Wyer | CSS | Team |
Complete people profiles for Thames Technology
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Thames Technology
4 dated milestones of Thames Technology across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Thames Technology is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Debt – Conventional, of $5.0M.
- Exit Acquired by Paragon ID.
Competitors of Thames Technology
Thames Technology has 3 listed competitors in our database, 2 of them funded. They include Prepaid Financial Services, B4BPayments and Intercash.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| prepaidfinancialservices.com | 2008 | London, United Kingdom | $3.8M | 40 | Prepaid card solutions and payment technologies are provided globally. | |
| b4bpayments.com | 2006 | London, United Kingdom | 9 | White-label prepaid MasterCard issuance is offered by B4B Payments. | ||
| intercash.com | 2002 | Douglas, United Kingdom | $2.84M | 3 | Prepaid card programs and turnkey solutions are provided for businesses. |
Detailed competitors of Thames Technology
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- Full competitor set
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Web traffic of Thames Technology
The website of Thames Technology (thamestechnology.co.uk) receives about 1.9K visits a month.
- Monthly visits1.9K
▼ 20.1% vs previous month
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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 CEO of Thames Technology, as recorded in our data.
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 2013.
Thames Technology has 133 employees.
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 Prepaid Financial Services, B4BPayments and Intercash.
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.
Thames Technology operates through Thames Card Technology Limited.
Yes. Thames Technology was acquired by Paragon ID in November 2019.