About Vendara
Vendara is a company based in Hartford (United States) founded in 2008 was acquired by Nexa Equity in April 2022. It operates as a FinTech. Vendara has completed 1 acquisition, including Direct Payment Consultants. Vendara offers products and services including Payment Terminals. Vendara operates in a competitive market with competitors including Square, Flutterwave, Modern Treasury, HighRadius and Wright Express, among others.
- Headquarter Hartford, United States
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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 Choice Merchant Solutions
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Nexa Equity
(Apr 27, 2022)
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Products & Services of Vendara
Vendara offers a comprehensive portfolio of products and services, including Payment Terminals. 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.
Payment terminals are designed with advanced features included.
Funding Insights of Vendara
| 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 Vendara
Vendara has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Nexa Equity. 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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Private equity fund focused on software and fintech businesses
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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 Vendara
Vendara has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Direct Payment Consultants. 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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Direct payment solutions for merchants
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2016 |
| 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 - Vendara
| 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 |
Vendara Comparisons
Competitors of Vendara
Vendara 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 Square, Flutterwave, Modern Treasury, HighRadius and Wright Express, 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 are provided for retail 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 |
Payment processing and treasury management solutions are offered to businesses.
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Autonomous finance and payment solutions are provided to businesses.
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| domain | founded_year | HQ Location |
Employee benefit administration and payment solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
White-label payment gateways are built for global e-commerce transactions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Vendara
Frequently Asked Questions about Vendara
When was Vendara founded?
Vendara was founded in 2008.
Where is Vendara located?
Vendara is headquartered in Hartford, United States. It is registered at Hartford, Connecticut, United States.
What does Vendara do?
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.
Who are the top competitors of Vendara?
Vendara's top competitors include Flutterwave, Square and Modern Treasury.
What products or services does Vendara offer?
Vendara offers Payment Terminals.
How many acquisitions has Vendara made?
Vendara has made 1 acquisition, including Direct Payment Consultants.
Who are Vendara's investors?
Vendara has 1 investor. Key investors include Nexa Equity.