Vendara

Hartford, United States Founded: 2008 • Age: 18 yrs Acquired By Nexa Equity
Vendara is focused on enhancing payment processing solutions.

About Vendara

Vendara is a Financial Services company based in Hartford (United States) founded in 2008, and was acquired by Nexa Equity in April 2022. Vendara is focused on enhancing payment processing solutions. It operates on a FinTech model. Vendara has completed 1 acquisition, including Direct Payment Consultants. Vendara offers products and services including Payment Terminals. Its focus areas include Payment Processing and Merchant Solutions. Its legal entity is Choice Merchant Solutions. Its competitors include Square, Flutterwave and Modern Treasury; 3 of its 3 listed competitors have raised funding.

Company details

Vendara, previously known as Choice Merchant Solutions, is engaged in providing advanced payment processing solutions. The company offers payment terminals equipped with modern features such as built-in printers, contactless NFC, and HD touchscreen displays. Their services are aimed at improving the efficiency of payment processes for merchants across various sectors.

  • Headquarters Hartford, United States
  • Stage Acquired
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website choice.xyz
  • Social LinkedIn X Facebook
  • Acquired by Nexa Equity (Apr 2022)
  • Legal Name Choice Merchant Solutions
Key Metrics

Products & Services of Vendara

Vendara offers a comprehensive portfolio of products and services, including Payment Terminals.

Payment Terminals
Payment Solutions

Payment terminals are designed with advanced features included.

Investors in Vendara

Vendara has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Nexa Equity.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity fund focused on software and fintech businesses
nexaequity.comSan Francisco, United States
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Investor details for Vendara

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Investments & Acquisitions by Vendara

Vendara has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Direct Payment Consultants.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Direct payment solutions for merchants
dpcsales.comMars, United States2016Apr 2022β€’β€’β€’β€’
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Complete acquisition details for Vendara

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Timeline of Vendara

3 dated milestones of Vendara across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Vendara is founded.
  2. Acquisition Acquires Direct Payment Consultants.
  3. Exit Acquired by Nexa Equity.

Competitors of Vendara

Vendara has 3 listed competitors in our database, 3 of them funded. They include Square, Flutterwave and Modern Treasury.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
squareup.com2009San Francisco, United States$519.75M11,372
POS solutions are provided for retail businesses.
flutterwave.com2016San Francisco, United States$489.41M
Provider of payment processing solutions for businesses
moderntreasury.com2018San Francisco, United States$183.15M77
Payment processing and treasury management solutions are offered to businesses.
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Detailed competitors of Vendara

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Top companies in Payments & Remittance Platforms

3 companies that operate in the same segment as Vendara (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B16,622
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B3,108
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 5.07 B6,209
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Frequently Asked Questions about Vendara

Vendara was founded in 2008.

Vendara is headquartered in Hartford, United States. It is registered at Hartford, Connecticut, United States.

Vendara, previously known as Choice Merchant Solutions, is engaged in providing advanced payment processing solutions. The company offers payment terminals equipped with modern features such as built-in printers, contactless NFC, and HD touchscreen displays. Their services are aimed at improving the efficiency of payment processes for merchants across various sectors.

Vendara's top competitors include Flutterwave, Square and Modern Treasury.

Vendara offers Payment Terminals.

Vendara has made 1 acquisition, including Direct Payment Consultants.

Vendara has 1 investor. Key investors include Nexa Equity.

Vendara operates through Choice Merchant Solutions.

Yes. Vendara was acquired by Nexa Equity in April 2022.

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