About ThumbzUp
ThumbzUp is a company based in Centurion (South Africa) founded in 2012 was acquired by Ecentric in October 2023.. ThumbzUp offers products and services including In Person Payments, Online Payments, and ReconAssist. ThumbzUp operates in a competitive market with competitors including Ingenico, POSRocket, SureSwipe, Ideal Retailer and Hellopay, among others.
- Headquarter Centurion, South Africa
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Sectors
Financial Services
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Phone
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Website
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Social
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Products & Services of ThumbzUp
ThumbzUp offers a comprehensive portfolio of products and services, including In Person Payments, Online Payments, and ReconAssist. 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.
Secure in-person transaction processing for merchants
Enables various online payment methods for customers
Automates payment reconciliation for finance teams
Funding Insights of ThumbzUp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ThumbzUp
ThumbzUp has secured backing from 1 investor. Prominent investors backing the company include Ecentric. 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 |
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Payment solutions for ATM, PoS, and mobile wallets are delivered.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ThumbzUp
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ThumbzUp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Thumbzup Comparisons
Competitors of ThumbzUp
ThumbzUp 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 Ingenico, POSRocket, SureSwipe, Ideal Retailer and Hellopay, 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 |
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| domain | founded_year | HQ Location |
POS hardware and software solutions are provided to businesses.
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Cloud-based POS software and hardware are supplied to offline retailers.
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POS solutions including card processing machines are provided for e-commerce.
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| domain | founded_year | HQ Location |
Provides mobile POS and terminal solutions for business operations.
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| domain | founded_year | HQ Location |
Provides card payment devices and services for merchants in South Africa.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Thumbzup
Frequently Asked Questions about ThumbzUp
When was ThumbzUp founded?
ThumbzUp was founded in 2012.
Where is ThumbzUp located?
ThumbzUp is headquartered in Centurion, South Africa. It is registered at Centurion, Gauteng, South Africa.
What does ThumbzUp do?
ThumbzUp was founded in 2012 in Centurion, South Africa, within the fintech sector focused on payment solutions. Wireless mobile point-of-sale terminals are offered, equipped with digital screens and card readers to facilitate on-site payments. Operations include expense tracking, reporting, analysis tools, and invoice generation for business management. Services are tailored for point-of-sale transactions in various settings.
Who are the top competitors of ThumbzUp?
What products or services does ThumbzUp offer?
ThumbzUp offers In Person Payments, Online Payments, and ReconAssist.
Who are ThumbzUp's investors?
ThumbzUp has 1 investor. Key investors include Ecentric.
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