About UTP Merchant Services
UTP Merchant Services is a company based in Reading (United Kingdom) founded in 2013 was acquired by myPOS in March 2025.. The company has 86 employees as of January 31, 2018. UTP Merchant Services offers products and services including UTP Max, UTP App, and Faster Processing. UTP Merchant Services operates in a competitive market with competitors including Stripe, Flutterwave, Square, PayU and Nuvei, among others.
- Headquarter Reading, United Kingdom
- Employees 86 as on 31 Jan, 2018
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Utp Merchant Services Limited
- Date of Incorporation 26 Mar, 2015
- Jurisdiction READING, ENGLAND
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Products & Services of UTP Merchant Services
UTP Merchant Services offers a comprehensive portfolio of products and services, including UTP Max, UTP App, and Faster Processing. 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.
Device for secure and fast card transactions in businesses.
App for managing payments and accounts on mobile devices.
Service enabling same-day fund transfers for merchants.
Funding Insights of UTP Merchant Services
| 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 UTP Merchant Services
UTP Merchant Services has secured backing from 1 investor. Prominent investors backing the company include myPOS. 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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Provider of POS software and hardware solutions for in-store and online business
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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 UTP Merchant Services
| 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 - UTP Merchant Services
| 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 |
Utp Merchant Services Comparisons
Competitors of UTP Merchant Services
UTP Merchant Services 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 Stripe, Flutterwave, Square, PayU and Nuvei, 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 processing and card issuance solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment processing solutions are delivered to merchants and businesses.
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| domain | founded_year | HQ Location |
International payment gateways and analytics are offered by BlueSnap.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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 Utp Merchant Services
Frequently Asked Questions about UTP Merchant Services
When was UTP Merchant Services founded?
UTP Merchant Services was founded in 2013.
Where is UTP Merchant Services located?
UTP Merchant Services is headquartered in Reading, United Kingdom.
How many employees does UTP Merchant Services have?
As of Jan 31, 2018, the latest employee count at UTP Merchant Services is 86.
What does UTP Merchant Services do?
UTP Merchant Services was established in 2013 in Reading, United Kingdom. Solutions for payment processing are provided to businesses and merchants within the financial services sector. Hardware-based payment terminals and gateways are included among the offerings. Credit and debit card transactions are facilitated through these services. Operations are centered in the UK, supporting merchant payment needs.
Who are the top competitors of UTP Merchant Services?
UTP Merchant Services's top competitors include Stripe, PayU and Flutterwave.
What products or services does UTP Merchant Services offer?
UTP Merchant Services offers UTP Max, UTP App, and Faster Processing.
Who are UTP Merchant Services's investors?
UTP Merchant Services has 1 investor. Key investors include myPOS.