About Verifone
Verifone is a publicly listed company based in Alpharetta (United States) founded in 1981 by William Bill Melton, and was acquired by Francisco Partners in April 2018. Omni-channel payments solutions are provided for businesses worldwide. It operates in the Retail and Financial Services sectors. The company has 531 employees. Verifone has completed 12 acquisitions, including 2Checkout, AJB Software Design and Curb. Its chief executive, as recorded, is Himanshu Patel. Its website verifone.com draws about 265 thousand monthly visits. Verifone offers products and services including Payment Devices, Payment Gateway, and Device Management. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its legal entity is Verifone, Inc. Its competitors include Flutterwave, Square and Modern Treasury; 3 of its 3 listed competitors have raised funding.
Company details
Verifone was founded in 1981 and is headquartered in Alpharetta, United States. Operations focus on the payments sector, where omni-channel solutions are delivered to support business transactions. Services encompass NFC-enabled devices, digital wallets, POS hardware, device management dashboards, loyalty program integrations, inventory tracking, and back-end system connections. These offerings facilitate secure and efficient payment processing across retail and commercial environments.
- Headquarters Alpharetta, United States
- Employees 531
- Founders William Bill Melton
- Stage Acquired
- SectorsRetailFinancial Services
- Website category Computers Electronics and Technology · Programming and Developer Software
- Email••••••••
- Website verifone.com/en/us
- Social LinkedIn X Facebook
- Acquired by Francisco Partners (Apr 2018)
- Legal Name Verifone, Inc.
- Annual Revenue$1.87 B (USD)-6as on Oct 31, 2017
- Net Profit-$173.83 M (USD)-1773as on Oct 31, 2017
- EBITDA-$112.38 M (USD)-443as on Oct 31, 2017
- Latest Funding Round$17.58M (USD), Post-IPO
Mar 2011
- InvestorsFrancisco Partners
& 3 more
- Employee Count531
- Investments & Acquisitions2Checkout
& 11 more
- Acquired by
Associated legal entities of Verifone
Verifone is associated with 4 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Verifone India Technology Private Limited CIN U72200KA2005PTC038023 | Active | 23 Dec 2005 | Bangalore, Karnataka | ₹207 Cr | 633 | 2 | View details |
| Verifone India Private Limited CIN U72200KA1990PTC010664 | Under Liquidation | 09 Jan 1990 | Bangalore, Karnataka | ₹0.2 Cr | 2 | View details | |
| Verifone India Sales Private Limited CIN U32109DL2005FTC139736 | Active | 18 Aug 2005 | New Delhi, Delhi | ₹44.7 Cr | 21 | 3 | View details |
| Verifone Payments India Private Limited CIN U72500DL2022FTC394332 | Active | 25 Feb 2022 | Delhi, Delhi | 2 | View details |
Products & Services of Verifone
Verifone offers a comprehensive portfolio of products and services, including Payment Devices, Payment Gateway, and Device Management.
Devices for in-person and mobile payment processing in various industries.
Gateway for secure online and omnichannel transaction handling.
Operational tools for managing payment devices remotely.
Funding Insights of Verifone
- Total Rounds 1
- Last Round Post-IPO — $17.58M
- First Round $17.58M
(Mar 2011)
All 1 funding rounds of Verifone with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2011 | $17.58M | Post-IPO | – | – | – |
4 investors in total: 4 institutional.
Investors in Verifone
Verifone has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Francisco Partners, BCI and The Gores Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private investments are made in mature businesses across multiple sectors. | 1987 | gores.com | Los Angeles, United States | |
Private equity investments and firm management in Chicago. | gtcr.com | |||
Private equity investment firm focused on technology sector | 1999 | franciscopartners.com | San Francisco, United States | |
Diversified investment management is provided across various assets in Canada. | 1999 | bci.ca | Victoria, Canada |
Investor details for Verifone
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Board of directors of Verifone
The boards of the 4 registered companies of Verifone currently have 5 directors; the longest-serving is Krishnachandra Suresh Potnis, appointed in 2018. 52 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Krishnachandra Suresh Potnis DIN 08258549 | Director | 23 Oct 2018 | 8 yrs | Verifone India Private Limited |
| Marimuthu Babyselvam Karthikeyan DIN 10593807 | Director | 18 Apr 2024 | 2 yrs 6 mo | Verifone India Sales Private Limited |
| Ramanadha Sriram Natarajan Rishinadhamangalam DIN 10620075 | Director | 17 May 2024 | 2 yrs 5 mo | Verifone Payments India Private Limited, Verifone India Sales Private Limited, Verifone India Technology Private Limited |
| Daivik Param DIN 11180214 | Director | 02 Jul 2025 | 1 yr 4 mo | Verifone India Sales Private Limited, Verifone India Technology Private Limited |
| Mihir Kumar Jha DIN 10197910 | Additional Director | 02 Feb 2026 | 9 mo | Verifone Payments India Private Limited, Verifone India Private Limited |
People of Verifone
264 people are tracked at Verifone (104 in leadership, 160 in team); the tracked headcount is 531.
| Name | Role | Group |
|---|---|---|
Himanshu Patel | CEO | Leadership |
William Bill Melton | Founder | Leadership |
Brett Pagenkopp | Vice President, Global Field Operations | Leadership |
Franck Recher | Sales Account Director | Leadership |
Tryggvi Karl Valdimarsson | Managing Director Verifone Iceland | Leadership |
Jun de Ocampo | Director, IT Business Systems (pmp, Mcpm) | Leadership |
Rob Orolfo | Head Of Business Development And Strategic Alliances | Leadership |
Ozgur Ozvardar | VP & General Manager, Turkey, Middle East And Northern Africa | Leadership |
Esra Erol | Finance Director - Turkey, Mena, Germany, South Africa, Eastern Europe | Leadership |
Sachin Shetty | EVP - Chief Technology Officer At Verifone | Leadership |
Victor Öjdal | Head Of Business Development EMEA | Leadership |
Al Stevens | Senior Director, Regional Field Operations (north America) | Leadership |
Nataliya Ignatenko | VP EMEA Digital Sales | Leadership |
Frank Scopacasa | Vice President Of Engineering | Leadership |
Daniel Fowlds | Senior Director, Regional Field Operations (emea) | Leadership |
Rehan Ahmad | Director | Leadership |
Alexandra Badea | Vp, EMEA Marketing | Leadership |
Liz Urheim | Chief Marketing Officer | Leadership |
David Ainsworth | Director, APAC And Global Operations Support | Leadership |
Yong Chen | Senior Director, Shanghai SSC And Regional Controller Of APAC And LAC | Leadership |
244 more people are available in the full profile.
Complete people profiles for Verifone
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IPO & Listings of Verifone
Verifone is a publicly listed company on the NYSE with ticker symbol PAY in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date29 Apr 2005
- Listed onNYSE: PAY
- Listed entityPaymentus Holdings, Inc.
- Exchange sectorCommercial services
Financials of Verifone
Figures of Verifone India Sales Private Limited, the primary company behind Verifone, for FY 2025. Revenue was ₹44.67 Cr (+2% year on year). Net profit was ₹2.02 Cr (5% margin). EBITDA was ₹4.63 Cr (10% margin). Revenue has grown at a compounded annual rate of -38% over three years and -28% over five years.
- ₹44.67 CrRevenue · FY 2025 · +2% YoY
- ₹2.02 CrNet profit · 5% margin
- ₹4.63 CrEBITDA · 10% margin
- ₹1.44 CrPaid-up capital
- 21Employees (provident fund records)
- -38%Revenue CAGR, 3 years
- -28%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Verifone India Sales Private Limited are on its company page.
Detailed financial statements for Verifone
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Verifone
Verifone has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include 2Checkout, AJB Software Design and Curb.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based payment gateway solution for businesses | 2checkout.com | Atlanta, United States | 2006 | Sep 2020 | •••• | |
Offers self-service digital kiosk and digital signage solutions for retail, QSR, healthcare, etc markets | zivelo.com | Scottsdale, United States | 2008 | Sep 2019 | •••• | |
Payment gateway and PoS solutions are provided for merchants. | ajbsoftware.com | Mississauga, Canada | 1994 | Jan 2016 | •••• | |
Verifone is recognized for providing innovative payment solutions globally. | intercard.de | Munich, Germany | 1992 | Nov 2015 | •••• | |
Curb is recognized as a provider of taxi booking and payment solutions. | gocurb.com | Long Island, United States | 1992 | Oct 2015 | $30M | |
Cloud-based mobile payment solutions are provided for merchants. | doublebeam.com | Pasadena, United States | 2011 | Feb 2015 | •••• | |
Point-of-sale terminals for electronic fund transfers are supplied to merchants. | eftpos.co.nz | Wellington, New Zealand | 1997 | Dec 2012 | •••• | |
PoS solutions are resold to European merchants by Point ISO. | point.se | Stockholm, Sweden | 1987 | Nov 2011 | $820M | |
Electronic payment terminals are supplied by Hypercom for transaction processing. | hypercom.com | Phoenix, United States | 1995 | Nov 2010 | $485M | |
Semiconductor components for IAM and IoT are supplied to enterprises. | semtek.com | San Diego, United States | 1999 | Sep 2010 | $18M |
Complete acquisition details for Verifone
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Verifone
16 dated milestones of Verifone across 39 years, from founding to its latest funding, stage changes and deals.
- Founded Verifone is founded.
- Exit Acquired by The Gores Group.
- Exit Acquired by GTCR.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Semtek.
- Acquisition Acquires Hypercom.
- Funding First funding round of $17.6M.
- Acquisition Acquires Point.
- Acquisition Acquires EFTPOS New Zealand.
- Acquisition Acquires DoubleBeam.
- Acquisition Acquires Curb.
- Acquisition Acquires Verifone.
- Acquisition Acquires AJB Software Design.
- Exit Acquired by Francisco Partners.
- Acquisition Acquires ZIVELO.
- Acquisition Acquires 2Checkout.
Competitors of Verifone
Verifone has 3 listed competitors in our database, 3 of them funded. They include Flutterwave, Square and Modern Treasury.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | Provider of payment processing solutions for businesses | ||
| squareup.com | 2009 | San Francisco, United States | $519.75M | 11,372 | POS solutions are provided for retail businesses. | |
| moderntreasury.com | 2018 | San Francisco, United States | $183.15M | 77 | Payment processing and treasury management solutions are offered to businesses. |
Detailed competitors of Verifone
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Web traffic of Verifone
The website of Verifone (verifone.com) receives about 265K visits a month and ranks #153,757 among all websites worldwide, #3,456 in Programming and Developer Software.
- Monthly visits265K
▲ 15% vs previous month
- Unique visitors74.5K
per month
- Global rank#153,757
among all websites
- Category rank#3,456
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate35%
- Pages per visit4.8
- Average visit3 min 11 sec
- DevicesDesktop 57% · Mobile 43%
Websites whose visitors overlap most with Verifone. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ncr.com | 100% | 1.1M | #69,270 | View details | |
| shift4.com | 96% | 785.6K | #49,220 | View details | |
| alitools.io | 88% | 390K | #165,479 | View details | |
theirstack.com | theirstack.com | 88% | #225,666 | – | |
emtec-international.com | emtec-international.com | 88% | #837,550 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 34 similar websites and full traffic analytics for Verifone
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Verified entity values are shown only after access is granted.
Top companies in E-Commerce Sellers & Service Providers
3 companies that operate in the same segment as Verifone (E-Commerce Sellers & Service Providers) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Apparel and accessories for men, women, and kids are retailed. | 1987 | New York, New York, United States | USD 596.6 M | 1,321 | ||
Marketing and sales services are delivered to retailers by SPAR. | 1967 | Auburn Hills, Michigan, United States | USD 163.63 M | 3,420 | ||
Customer analytics solutions are provided for brands and retailers. | 1979 | Chicago, Illinois, United States |
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Related news about Verifone
Complete news archive for Verifone
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Frequently Asked Questions about Verifone
Verifone was founded in 1981 and raised its 1st funding round 30 years after it was founded.
Verifone is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.
Himanshu Patel is the CEO of Verifone, as recorded in our data.
Verifone has 531 employees.
Annual revenue of Verifone is $1.87B as on Oct 31, 2017.
Verifone was founded in 1981 and is headquartered in Alpharetta, United States. Operations focus on the payments sector, where omni-channel solutions are delivered to support business transactions. Services encompass NFC-enabled devices, digital wallets, POS hardware, device management dashboards, loyalty program integrations, inventory tracking, and back-end system connections. These offerings facilitate secure and efficient payment processing across retail and commercial environments.
Verifone's top competitors include Flutterwave, Square and Modern Treasury.
Verifone offers Payment Devices, Payment Gateway, and Device Management.
Yes, Verifone is publicly traded on NYSE under the ticker symbol PAY.
Verifone has made 12 acquisitions, including 2Checkout, AJB Software Design, and Curb.
Verifone has 4 investors. Key investors include Francisco Partners, BCI, The Gores Group, and GTCR Chicago Private Equity Firm.
Verifone is associated with 4 legal entities: Verifone Payments India Private Limited, Verifone India Sales Private Limited, Verifone India Technology Private Limited and others.