About Vectron Systems
Vectron Systems is a company based in Munster (Germany) founded in 1990 by Thomas Stummler and Jens Reckendorf was acquired by Shift4 in June 2024.. Vectron Systems has completed 1 acquisition, including acardo. Vectron Systems offers products and services including VECTRON SMART Kassen, Kassensysteme, Mobile Payment Solutions, and Cloud-Dienste. Vectron Systems operates in a competitive market with competitors including Orderbird, Ezetap, Tillhub, Concardis and 2can, among others.
- Headquarter Munster, Germany
- Founders Thomas Stummler, Jens Reckendorf
- Stage Public
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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 Vectron Systems Ag
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Products & Services of Vectron Systems
Vectron Systems offers a comprehensive portfolio of products and services, including VECTRON SMART Kassen, Kassensysteme, Mobile Payment Solutions, and Cloud-Dienste. 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.
Provides reliable cash register systems for efficient retail transactions.
Offers stationary systems for streamlined business operations and sales tracking.
Enables quick mobile payments to reduce transaction times in hospitality.
Delivers cloud-based tools for reporting and data management in retail.
Funding Insights of Vectron Systems
| 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 |
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Investors in Vectron Systems
Vectron Systems has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Shift4. 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 payment solutions for businesses
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Vectron Systems
Vectron Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include acardo. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Branding services are provided by Acardo in Dortmund, Germany.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Vectron Systems
| 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 |
Vectron Systems Comparisons
Competitors of Vectron Systems
Vectron Systems 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 Orderbird, Ezetap, Tillhub, Concardis and 2can, 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 solutions for restaurants, bars, and cafes are provided.
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Cloud-based mPOS software and hardware solutions are provided for businesses.
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iPad-based POS system is offered for retail stores.
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Payment gateway and PoS software are provided across Europe.
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Card payments are enabled on smartphones for Russian merchants.
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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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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 Vectron Systems
Frequently Asked Questions about Vectron Systems
When was Vectron Systems founded?
Vectron Systems was founded in 1990.
Where is Vectron Systems located?
Vectron Systems is headquartered in Munster, Germany. It is registered at Munster, North Rhine-westphalia, Germany.
What does Vectron Systems do?
Vectron Systems was founded in 1990 in Munster, Germany, focusing on the point-of-sale sector. Hardware ranging from traditional cash registers to compact touch-based terminals is supplied to facilitate payment acceptance. Software capabilities include EC-Cash and ELV payment processing, reporting functions, and integration with card readers, printers, and scanners. Back-office tools, detailed reporting systems, leasing arrangements, and loyalty card options are also offered to support merchant operations.
Who are the top competitors of Vectron Systems?
What products or services does Vectron Systems offer?
Vectron Systems offers VECTRON SMART Kassen, Kassensysteme, Mobile Payment Solutions, and Cloud-Dienste.
How many acquisitions has Vectron Systems made?
Vectron Systems has made 1 acquisition, including acardo.
Who are Vectron Systems's investors?
Vectron Systems has 1 investor. Key investors include Shift4.
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