Vasco Pay

Sydney, Australia Founded: 2016 • Age: 10 yrs Acquired By Novatti
Prepaid card targeted for students
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About Vasco Pay

Vasco Pay is a company based in Sydney (Australia) founded in 2016 was acquired by Novatti in June 2018.. Vasco Pay operates in a competitive market with competitors including Spriggy and Kit, among others.

  • Headquarter Sydney, Australia
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Novatti

    (Jun 13, 2018)

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Funding Insights of Vasco Pay

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 Vasco Pay

Vasco Pay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Novatti. 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
Institutional
Investor Description Founded Year Domain Location
Software for banking and payments solutions is developed and integrated.
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 Vasco Pay

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

Financial Statements - Vasco Pay

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

Vasco Pay Comparisons

Employees
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Competitors of Vasco Pay

Vasco Pay 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 Spriggy and Kit, 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
Prepaid cards and apps are utilized for teenage expense management.
domain founded_year HQ Location
Personalized prepaid cards for children are provided by Kit.
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 Vasco Pay

Frequently Asked Questions about Vasco Pay

When was Vasco Pay founded?

Vasco Pay was founded in 2016.

Where is Vasco Pay located?

Vasco Pay is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

What does Vasco Pay do?

Vasco Pay was founded in 2016 in Sydney, Australia, within the fintech sector. Prepaid cards designed for students are issued, allowing funds to be loaded from bank accounts, friends, family, or employers. These cards are accepted at retail stores and service-oriented merchants. A maximum balance of 999.99 is supported on standard cards, and no fees are applied to approved transactions.

Who are the top competitors of Vasco Pay?

Vasco Pay's top competitors include Spriggy and Kit.

Who are Vasco Pay's investors?

Vasco Pay has 1 investor. Key investors include Novatti.

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