PayPlug

paymentspayment gateways

FOUNDING YEAR: 2012
LOCATION: France
Last Update: 19/01/2021

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About

PayPlug is the first online payment solution designed specifically for SMEs. Founded in 2012, the platform has quickly become a key alternative to legacy players thanks to its simple products, high performance converison tools, and strong customer service. In 2016, only 15% of SMEs were selling online! Our ambition is to make online commerce accessible, enable small businesses to stand out against giant players, and contribute to the digitization of the economy. Today, we are proud to help thousands of online merchants grow by offering them simple online and mobile credit card acceptance.After raising more than 12 million euros in funding and obtaining a Payment Institution License from ACPR Banque de France, PayPlug has joined the Natixis / BPCE group in April 2017.

MEDICI Analysis

PayPlug enables small professionals and merchants to accept credit card payments with its tools. It offers modules to facilitate the installation of online payments on e-commerce platforms.

Focus

PRODUCTS & SERVICES

Payment Processing

REVENUE MODEL

Processing fee is collected by the company

MAIN CLIENTS

BNB Sitter,Stuff Box ,jarvis,French and arrogant

Traction

VALUATION / MARKET CAP:

$8.86 M in 2015

People

FOUNDERS

Camille Tyan

Antoine Grimaud

BOARD MEMBERS AND ADVISORS

Kamal Naffi

Kiyan Foroughi

NUMBER OF EMPLOYEES

11-50

INVESTORS:

ACE & Company

AGORANOV

Gabriel Jarrosson

Natixis

Momentum

FUNDED

NO

NUMBER OF FUNDING ROUNDS

5

TOTAL FUNDING

$22.19 M

DATE OF LAST FUNDING

Nov 2016

SEED & PRIOR FUNDING

$4.98 M

SEED CLOSED ON

Feb 2015

SEED PRIOR FUNDING COMMENT

Cumulative funding indicated

PRIZE MONEY

$3.97 M

CROWDFUNDING

$1.79 M

LISTED

NO

company provided insights
Acquisitions

M&A

ACQUIRED BY

Natixis

ANNOUNCED DATE

Nov 2016

PRICE

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