YapStone

paymentsprocessors

FOUNDING YEAR: 1999
LOCATION: United States
Last Update: 01/05/2020

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About

YapStone is a platform that provides payments & processing services for both web and mobile channels. It offers solutions for online marketplaces and large industrial markets such as real estate, homeowners associations, and vacation rentals. The company has been recognized on the Inc. 5000 list of the Fastest-Growing Private Companies for 10 consecutive years.

Focus

PRODUCTS & SERVICES

The company offers four main products such as Pay, Protect, Blend, and Focus. Pay: It enables customers to send and receive payments on any device. Protect: It provides sophisticated security tools for customers that help them to manage risk, combat fraud, and minimize chargebacks. It uses tokenization technique to provide safety for customer account details. Blend: It can easily integrate with other payment/software APIs. Focus: It simplifies the business reporting process and also streamlines all administrative tasks in a single platform. The company offers customized payments services for online market places.

REVENUE MODEL

The company earns revenue by charging a small percentage of the processing fee per transaction.

MAIN CLIENTS

HomeAway

Vacation Rental Pros

VBRO

KIGO

LiveRez

RNS

RealTimeRenta

etc.

EXISTING PARTNERSHIPS

In March 2019

the company partnered with Priority Technology to create a real estate payments venture within Priority Real Estate Technology (PRET). In July 2018

the company partnered with PPRO Group to bring APMs (alternative payment methods) to global marketplaces. Some of the other partners include TransUnion

SmartMove

Yardi

MRI Software

SS&C

Skyline

etc.

COMMENT

YapStone's Transact platform is built on a foundation of micro-services which lets the company customize solutions specific to marketplaces. The platform features include the acceptance of global alternative payment methods (APMs), simplified micro-merchant onboarding & payouts, a set of industry-centric APIs, and a comprehensive developer portal.

Traction

VALUATION / MARKET CAP:

$480 M in 2018

VALUATION COMMENT:

According to third-party data sources, the company's valuation is at ~$480 million. (Feb. 2018)

REVENUE

$10M+ in 2014

REVENUE COMMENT:

According to third-party news sources, the company annual revenue was $270 million in 2017.

TRANSACTIONS VALUE:

$20 B in 2019

People

FOUNDERS

Matt Golis

Tom Villante

BOARD MEMBERS AND ADVISORS

Matt Golis

Tom Villante

Brian Webber

Sameer Gandhi

and George Bischof.

NUMBER OF EMPLOYEES

201-500

INVESTORS:

2020 Ventures

Accel

and Colony NorthStar.

Bregal Sagemount

Comerica

Gilbert Global Equity Partners

Mastercard

Meritech Capital Partners

PennSpring Ventures

Premji Invest

Silversmith Capital Partners

Texas Ventures

TPG

KEY EMPLOYEES:

Tom Villante (CEO); David Weiss (President); Sanjay Saraf (CTO); Jerry Ulrich (CFO); David Durant (Chief Compliance Officer); Mike Gramz (Chief Risk Officer); Debra Tenenbaum (Chief People Officer)

Momentum

FUNDED

YES

DATE OF LAST FUNDING

Feb 2018

TOTAL FUNDING COMMENT

The company will use its funds to expand geographically and to work on new technologies. (Feb. 2018)

DEBT FUNDING

$60 M

LISTED

NO

COMMENT

The company has raised a total funding amount of $53.4 million in multiple venture rounds.

BASICS

FOUNDING YEAR:

1999

LOCATION:

United States

Views:

132 VISITORS | 208 VIEWS
TOTAL EMPLOYEES
201-500

About

YapStone is a platform that provides payments & processing services for both web and mobile channels. It offers solutions for online marketplaces and large industrial markets such as real estate, homeowners associations, and vacation rentals. The company has been recognized on the Inc. 5000 list of the Fastest-Growing Private Companies for 10 consecutive years.

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Traction+
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