About YapStone
YapStone is a company based in Walnut Creek (United States) founded in 1999 was acquired by Velo Payments in August 2023.. YapStone has raised $126.65 million across 5 funding rounds from investors including Mastercard, Comerica and Accel. The company has 95 employees as of December 31, 2022. YapStone operates in a competitive market with competitors including Stripe, PayPal, Flutterwave, PayU and Square, among others.
- Headquarter Walnut Creek, United States
- Employees 95 as on 31 Dec, 2022
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Sectors
Financial Services
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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
$126.65 M (USD)
in 5 rounds
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Latest Funding Round
$71.25 M (USD), Series C
Dec 15, 2017
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Investors
Mastercard
& 9 more
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Employee Count
95
as on Dec 31, 2022
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Acquired by
Velo Payments
(Aug 16, 2023)
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Funding Insights of YapStone
YapStone has successfully raised a total of $126.65M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $71.25 million completed in December 2017. 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 5
- Last Round Series C — $71.3M
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First Round
First Round
(17 Apr 2000)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Series C - YapStone | Valuation | Premji Invest | |
| Mar, 2015 | Amount | Debt – Conventional - YapStone | Valuation |
investors |
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| Jun, 2011 | Amount | Series B - YapStone | Valuation | Accel |
| 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 YapStone
YapStone has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Mastercard, Comerica and Accel. 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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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward US-based companies.
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Founded Year | Domain | Location | |
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Provides venture capital for technology startups and enterprise innovations worldwide.
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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 YapStone
| 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 - YapStone
| 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 |
Yapstone Comparisons
Competitors of YapStone
YapStone 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 Stripe, PayPal, Flutterwave, PayU and Square, 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 |
Payment processing and card issuance solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Online payment solutions are offered to consumers and 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 |
Online payment processing and credit solutions are provided for businesses.
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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 |
Employee benefit administration and payment solutions are provided for enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Yapstone
Frequently Asked Questions about YapStone
When was YapStone founded?
YapStone was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Where is YapStone located?
YapStone is headquartered in Walnut Creek, United States. It is registered at Walnut Creek, California, United States.
Is YapStone a funded company?
YapStone is a funded company, having raised a total of $126.65M across 5 funding rounds to date. The company's 1st funding round was a Series B of $50M, raised on Apr 17, 2000.
How many employees does YapStone have?
As of Dec 31, 2022, the latest employee count at YapStone is 95.
What does YapStone do?
YapStone powers a web-based and mobile payments processing platform. YapStone develops RentPayment, end-to-end, payment services platform for property managers to easily accept credit cards and e-Checks for rent and other recurring payments. Processing over 8 Billion in transactions annually, the companys platform powers online marketplaces for multiple partners, including HomeAway and VRBO, and provides turnkey transaction solutions for third-party developers to simplify how people pay for everyday expenses including rent and charitable donations. The technology is currently serving thousands of property management companies representing over 3 million apartment units. YapStone is using its technology to expand to other verticals including storage, dues payments and vacation rentals. In 2013, YapStone was named to Forbes List of Americas 100 Most Promising Companies. Has raised 60M in debt round so far.
Who are the top competitors of YapStone?
YapStone's top competitors include Stripe, PayU and Flutterwave.
Who are YapStone's investors?
YapStone has 10 investors. Key investors include Mastercard, Comerica, Accel, TPG, and Colony Capital.