Payleven

Payleven (Acquired/Merged)

Payments | POS/Mobile POS
website linkedin address
  • FOUNDING YEAR: 2012
    LOCATION:
    Germany
    REGION:
    Last Update:
    27 Jun, 2019

Description

Payleven was acquired by SumUp in April 2016, it offers a mobile app and bluetooth-enabled wireless card reader that connects with iOS or Android smartphones or tablets to accept credit and debit card payments. The device connects to phone's internet connection to complete the transaction over Payleven's servers.

FOCUS

PRODUCTS & SERVICES:
Payment terminals and Card readers
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Retail Businesses

PEOPLE

FOUNDERS:
Rafael Otero, Konstantin Wolff, Adriana Barbosa
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
B5, HV Holtzbrinck Ventures, MePay, New Enterprise Associates, ru-Net, Seventure Partners,

TRACTION

VALUATION / MARKET CAP:
$125 MM in 2016

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$55.5 Millions
DATE OF LAST FUNDING:
Feb 2016
FUNDING SERIES:
SERIES A
$16.5 Millions Closed: Feb 2013
SERIES B
$17 Million Closed: Jun 2013
SERIES C
$12 Million Closed: Apr 2015
SERIES D
$10 Million Closed: Feb 2016
LISTED:
NO

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