About VPay
VPay is a company based in Plano (United States) founded in 1987 by Brent Allen.. VPay has raised $76 million across 1 funding round from investors including FTV Capital. VPay operates in a competitive market with competitors including Functional Finance, InsurePay, SCIO Health Analytics, Ascend and ePayPolicy, among others.
- Headquarter Plano, United States
- Founders Brent Allen
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$76 M (USD)
in 1 rounds
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Latest Funding Round
$76 M (USD), Series C
Feb 17, 2016
- Investors
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Employee Count
Employee Count
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Funding Insights of VPay
VPay has successfully raised a total of $76M through 1 strategic funding round. The most recent funding activity was a Series C round of $76 million completed in February 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series C — $76.0M
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First Round
First Round
(17 Feb 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Series C - VPay | Valuation | FTV Capital |
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| 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 |
Investors in VPay
VPay has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include FTV Capital. 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 investment firm
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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 VPay
| 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 |
Financial Statements - VPay
| 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 |
Vpay Comparisons
Competitors of VPay
VPay 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 Functional Finance, InsurePay, SCIO Health Analytics, Ascend and ePayPolicy, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online payment platform for insurance companies
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| domain | founded_year | HQ Location |
Cloud-based payroll integration is provided for insurance premium collection.
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| domain | founded_year | HQ Location |
Provides payment integrity solutions for healthcare organizations
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| domain | founded_year | HQ Location |
Online insurance payments and premium financing are enabled for businesses.
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| domain | founded_year | HQ Location |
Insurance payments are collected online via ACH and credit cards.
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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 Vpay
Frequently Asked Questions about VPay
When was VPay founded?
VPay was founded in 1987 and raised its 1st funding round 29 years after it was founded.
Where is VPay located?
VPay is headquartered in Plano, United States. It is registered at Plano, Texas, United States.
Is VPay a funded company?
VPay is a funded company, having raised a total of $76M across 1 funding round to date. The company's 1st funding round was a Series C of $76M, raised on Feb 17, 2016.
What does VPay do?
Payment solutions provider for insurers. It offers a turn-key platform that distributes, administers, and processes plastic and virtual cards. It also offers ACH payments via end-to-end issuing and processing capabilities, mobile expedited payment for health plans, merchant services, payment solutions, and more.
Who are the top competitors of VPay?
VPay's top competitors include Functional Finance, Ascend and ePayPolicy.
Who are VPay's investors?
VPay has 1 investor. Key investors include FTV Capital.
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