Transact24

Hong Kong, China Founded: 2006 • Age: 20 yrs Acquired By NET1
Payment processing and prepaid card services are provided.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About Transact24

Transact24 is a company based in Hong Kong (China) founded in 2006 was acquired by NET1 in January 2016. Transact24 operates in a competitive market with competitors including Airwallex, Fisherman Kaka Information Technology, PearlPay, Shanghai Yinshang Information and Cashyper, among others.

  • Headquarter Hong Kong, China
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    NET1

    (Jan 25, 2016)

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Funding Insights of Transact24

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Detailed funding history for Transact24

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Investors in Transact24

Transact24 has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Net1.

All
Institutional
Investor Description Founded Year Domain Location
Payment processing solutions are offered for businesses in developing economies.
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Investor details for Transact24

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Investments & Acquisitions by Transact24

Investments
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Investment portfolio details for Transact24

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Financial Statements - Transact24

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Detailed financials for Transact24

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Transact24 Comparisons

Transact24 Primary company
Description
Payment processing and prepaid card services are provided.
Location
Hong Kong, China
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Transact24

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Competitors of Transact24

Transact24 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 Airwallex, Fisherman Kaka Information Technology, PearlPay, Shanghai Yinshang Information and Cashyper, among others.

Company Name Domain Founded year HQ Location Description
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Cross-border payments are processed for businesses via tools and APIs.
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White-label prepaid cards
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Software solutions for the banking industry
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Reloadable prepaid cards and lifecycle management are provided for merchants.
Locked Locked Locked
Manufacturer of white-label prepaid cards for businesses.
Locked Locked Locked
Provides comprehensive white-label prepaid card solutions for businesses.
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Detailed competitors of Transact24

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Latest news on Transact24

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Complete news archive for Transact24

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Frequently Asked Questions about Transact24

Transact24 was founded in 2006.

Transact24 is headquartered in Hong Kong, China.

Transact 24 provides payment and card processing services for businesses. Its services include ACH Payment Processing, Alipay Gateway solution, Card Payment Processing, China UnionPay Processing, White Label Platform for Prepaid Cards (including T24 Black card, T24 Pay Vault, T24 Black Shield and T24 China UnionPay), Travel insurance and virtual prepaid cards. It offers prepaid cards with multi-currency payment system.

Transact24's top competitors include Airwallex, Fisherman Kaka Information Technology and PearlPay.

Transact24 has 1 investor. Key investors include Net1.

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