TransFirst

New York, United States Founded: 1995 • Age: 31 yrs Acquired By TSYS
Merchant accounts and credit card processing services are provided.

About TransFirst

TransFirst is a company based in New York (United States) founded in 1995 was acquired by TSYS in January 2016.. TransFirst has completed 4 acquisitions, including CurveNorth, Paymentresource and Solveras Payment Solutions. TransFirst operates in a competitive market with competitors including Worldpay, Heartland Payment Systems, Euronet Worldwide, Adyen and Marqeta, among others.

  • Headquarter New York, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $495 M (USD), Debt – Conventional

    Jun 01, 2018

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    CurveNorth

    & 3 more

  • Acquired by
    TSYS

    & 2 more

    (Jan 26, 2016)

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Funding Insights of TransFirst

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $495.0M
  • First Round

    (01 May 2018)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2018 Amount Debt – Conventional - TransFirst Valuation

investors

May, 2018 Amount Debt – Conventional - TransFirst Valuation

investors

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 TransFirst

TransFirst has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Deutsche Bank, Merrill Lynch and General Electric. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Healthcare and technology sectors are targeted for private equity investments.
Founded Year Domain Location
Investments are directed toward high-growth enterprise software and technology companies.
Founded Year Domain Location
Commercial bank
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 TransFirst

TransFirst has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include CurveNorth, Paymentresource and Solveras Payment Solutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Software solutions are offered for merchant payment processing.
2004
Payment solutions are offered for financial transactions by Solveras.
2000
Designer and retailer of women's apparel
1992
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - TransFirst

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Transfirst Comparisons

Employees
+
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Competitors of TransFirst

TransFirst 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 Worldpay, Heartland Payment Systems, Euronet Worldwide, Adyen and Marqeta, 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
Payment services and analytics solutions are provided for businesses.
domain founded_year HQ Location
Payment processing, POS and Gift Card services
domain founded_year HQ Location
Electronic payments and transaction processing solutions are offered globally.
domain founded_year HQ Location
Payment issuance and processing solutions are provided for businesses.
domain founded_year HQ Location
Card-issuing and payment processing solutions are offered to businesses.
domain founded_year HQ Location
Payment solutions for businesses are provided by Worldline Global.
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 Transfirst

Frequently Asked Questions about TransFirst

When was TransFirst founded?

TransFirst was founded in 1995 and raised its 1st funding round 23 years after it was founded.

Where is TransFirst located?

TransFirst is headquartered in New York, United States. It is registered at New York, New York, United States.

What does TransFirst do?

TransFirst was founded in 1995 and is headquartered in New York, United States. Operations focus on the payment processing sector, where customized programs are delivered to financial institutions, independent sales organizations, agents, and partners. Services encompass merchant accounts, point-of-sale solutions, card processing software, terminals, check processing, ACH transfers, electronic benefit transfers, wallet transfers, and gift cards. The company serves as an ISO for Wells Fargo Bank.

Who are the top competitors of TransFirst?

TransFirst's top competitors include Worldpay, Adyen and Euronet Worldwide.

How many acquisitions has TransFirst made?

TransFirst has made 4 acquisitions, including CurveNorth, Paymentresource, and Solveras Payment Solutions.

Who are TransFirst's investors?

TransFirst has 6 investors. Key investors include Deutsche Bank, Merrill Lynch, General Electric, TSYS, and Welsh, Carson, Anderson & Stowe.

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