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
- SectorsFinancial Services
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- Website choice.xyz
- Social LinkedIn X Facebook
- Acquired by Nexa Equity (Apr 2022)
- Legal Name Choice Merchant Solutions
- Investors
- Investments & Acquisitions
- Acquired byNexa Equity
(Apr 2022)
Products & Services of Vendara
Vendara offers a comprehensive portfolio of products and services, including Payment Terminals.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity fund focused on software and fintech businesses | nexaequity.com | San Francisco, United States |
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Direct payment solutions for merchants | dpcsales.com | Mars, United States | 2016 | Apr 2022 | β’β’β’β’ |
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.
- Founded Vendara is founded.
- Acquisition Acquires Direct Payment Consultants.
- 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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| squareup.com | 2009 | San Francisco, United States | $519.75M | 11,372 | POS solutions are provided for retail businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | Provider of payment processing solutions for businesses | ||
| moderntreasury.com | 2018 | San Francisco, United States | $183.15M | 77 | Payment processing and treasury management solutions are offered to businesses. |
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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Vendara
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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.

