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
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- 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
-
EBITDA
-
Total Equity Funding
$4.01 M (USD)
in 2 rounds
-
Latest Funding Round
$4.96 M (USD), Debt – Conventional
Jun 26, 2019
-
Investors
Paragon ID
& 2 more
-
Employee Count
133
as on Jan 31, 2021
-
Acquired by
Paragon ID
(Nov 04, 2019)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. 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.
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
Unlock access to complete
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
-
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 |
|
| Jun, 2013 | Amount | Private Equity Round - Thames Technology | Valuation | BGF |
|
| 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 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. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
|
Founded Year | Domain | Location | |
|
Working capital loans provider
|
Founded Year | Domain | Location | |
|
Access control solutions based on RFID and NFC are provided.
|
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 Thames Technology
| 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 - Thames Technology
| 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 |
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. 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 |
NymCard is recognized as a card issuing and payment platform.
|
|
| domain | founded_year | HQ Location |
Prepaid card solutions and payment technologies are provided globally.
|
|
| domain | founded_year | HQ Location |
White-label prepaid MasterCard issuance is offered by B4B Payments.
|
|
| domain | founded_year | HQ Location |
Prepaid card programs and turnkey solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Provider of prepaid card programmes.
|
| 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 Thames Technology
Frequently Asked Questions about Thames Technology
When was Thames Technology founded?
Thames Technology was founded in 1994 and raised its 1st funding round 19 years after it was founded.
Where is Thames Technology located?
Thames Technology is headquartered in Rayleigh, United Kingdom. It is registered at Rayleigh, Essex, United Kingdom.
Who is the current CEO of Thames Technology?
Matthew Williams is the current CEO of Thames Technology.
Is Thames Technology a funded company?
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.
How many employees does Thames Technology have?
As of Jan 31, 2021, the latest employee count at Thames Technology is 133.
What is the annual revenue of Thames Technology?
Annual revenue of Thames Technology is $19.4M as on Jun 30, 2021.
What does Thames Technology do?
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.
Who are the top competitors of Thames Technology?
Thames Technology's top competitors include NymCard, Prepaid Financial Services and B4BPayments.
What products or services does Thames Technology offer?
Thames Technology offers Metal Payment Cards, Gold Cards, Gift Cards, Loyalty Cards, and Membership Cards.
Who are Thames Technology's investors?
Thames Technology has 3 investors. Key investors include Paragon ID, Independent Growth Finance, and BGF.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.