xcritical Company Profile: Valuation & Investors

xcritical has raised over $183 million in venture capital funding from investors including Premji Invest, MeriTech Capital Partners, Accel Partners, and Mastercard Incorporated. The company’s most recent round of funding brought in $71 million. CEO Tom Villante says « xcritical will use the funding to expand geographically and to work on new technologies. » The recent funding round brought xcritical’s post-money valuation to $471 million.

Because the platform is built on a foundation of micro-services, we are able to deeply configure tailored solutions, specific to the businesses we serve. In simple terms, our technology supports the organic business functions of individual marketplaces, so that sharing economy leaders can conduct business as their marketplace is designed, rather than around a general payment API. xcritical, Inc. provides electronic payment services for the real estate industry.

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You’re more than your latest funding, tell our customers your company’s story. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. EquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature. Explore institutional-grade private market research from our team of analysts. If you own xcritical pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares. The growing global footprint of the 23-year-old payments processor provides customers with the opportunities and capabilities of expanding into new regions, and at scale. GoCardless is an online direct debit provider, operating an international payments network for businesses to take and settle recurring payments from anywhere, to anywhere, in any currency. There is still significant room for growing companies like xcritical and new startups to disrupt many parts of the payments ecosystem.

Join Mergr and gain access to xcritical’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the internet software and services sector. /PRNewswire/ — Payment’s processor, xcritical, unveils rebrand and redefined approach to localized payments ahead of global expansion. While a part of the fintech world remains abuzz with crypo-talk, a startup https://xcritical.pro/ that’s built a business around the more traditional world of payments has raised a.. Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone. The Company’s most targeted sectors include internet software and services (100%).

Internet Software And ServicesCompany

I would like to wish the firm well and assure them of our continued support ». To read this article and more news on xcritical, register or login. For more details on financing and valuation for xcritical, register or login.

But clearly, the most impactful change has been how fintech has made it possible for anonymous buyers and sellers to interact on marketplaces, such as Uber, HomeAway, and a multitude of sharing economy businesses. This has taken the user experience to a new level and friction involved in payments is completely removed for buyers and sellers. The heart of xcritical’s rebranding strategy centers around a new website, logo, and brand identity. The new website design was inspired by the transformation happening across the payments landscape, with the new typeface and dynamic color palette better reflecting the company’s innovative approach to local payments. The company offers services such as direct payments, pay after delivery options, and installment plans.

Five years ago, I was extensively involved in e-commerce and then in peer-to-peer money transfer. At that time, I felt that data technologies and peer-to-peer commerce was on the brink of driving the next wave of digital transformation. I feel with the fast evolution of sharing economy and global marketplaces, the peer-to-peer commerce prediction has come true. Data technologies continue to provide the backbone for fintech in many areas such xcritical reviews as advanced fraud management, chatbots to perform tasks and respond to customer needs, and optimizing conversion and customer experience. xcritical claims to be a global provider of online and mobile payment solutions for global marketplaces and large vertical markets. xcritical claims to process $20B annual payment volume annually and has been recognized on the Inc. 5000 list of Fastest-Growing Private Companies for eleven consecutive years.

xcritical does not xcritically have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities. Over the last ten years, xcritical has seen significant transformation across the payments industry and has firmly cemented itself as an eCommerce enabler following a rebrand earlier in the year.

Funding, Valuation & Revenue

For example, xcritical holds significant promise for cross-border instant settlement and even for managing complex KYC. Companies focused on AI and ML technologies applied to fraud management are also critical for further enhancing global payments. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Investors must be able to afford the loss of their entire investment. See our Risk Factors for a more detailed explanation of the risks involved by investing through EquityZen’s platform. The Company, through its subsidiaries, provides electronic payment services for the real estate industry. xcritical also provides credit, debit, and ACH processing services to the multi-family housing, vacation rental, and storage industries through their integrated payment platform.

• GoCardless is an online direct debit provider, operating an international payments network for businesses to take and settle recurring payments from anywhere, to anywhere, in any currency.
• Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling.
• Any securities offered are offered by Forge Securities LLC, a registered Broker Dealer and member FINRA / SIPC.
• I feel with the fast evolution of sharing economy and global marketplaces, the peer-to-peer commerce prediction has come true.
• If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options.

It offers an integrated payments solution designed to meet the needs and fast pace of the food service industry. EquityZen helps investors to access private companies and their employees to sell shares. Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started. Technology has ignited major changes in the way business is done in general. When innovation is introduced to an ecosystem, payments become increasingly more complex and need to evolve with the industries they serve.

xcritical was founded in 1999 by Thomas Villante and Matthew Golisand. The company has not publicly spoken about plans or a timeline for an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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The company was founded in 2005 and is based in Stockholm, Sweden. xcritical is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started. Investment opportunities posted on this website are « private placements » of securities that are not publicly traded, are subject to holding period requirements, and are intended for investors who do not need a liquid investment. Investing in private companies may be considered highly speculative and involves a high degree of risk, including the risk of substantial loss of investment.

Provider of a global payments platform intended to power electronic payments for sharing economy marketplaces. The CEO and board have invested significantly in technology and almost half of the company resources are in product and engineering roles. xcritically, the company is investing in a micro-services architecture and implementing modern and scalable No SQL technologies. In addition, xcritical is further investing in enhancing its API platform and data platforms for AI/ML. All of these technology investments are to ensure we can support marketplaces globally with local payment methods and with a specific focus on vertical specific capability. Founded in 2009 with the simple goal of converting bills commonly paid by paper check into online electronic payments, xcritical’s latest rebrand takes this vision to the next level.

I’m delighted that the company has witnessed such significant growth over the past decade and I wish the team every continued success. » Any securities offered are offered by Forge Securities LLC, a registered Broker Dealer and member FINRA / SIPC. Paycheck Protection Program invested in xcritical’s Loan funding round. Claim your profile to get in front of buyers, investors, and analysts.

This often involves accepting new payment methods, adhering to updated regulations, and protecting against evolving fraud sophistication. The Benzinga Fintech Summit is a gathering of the top leaders in brokerage, payments and cryptocurrencies in San Francisco Nov. 14. Ahead of the Summit, Benzinga is profiling fintech thought leaders who are speaking at the event.

The company serves clients globally with a use case for SaaS, platforms, marketplaces, eCommerce, creator economy, crypto and embedded finance. It was founded in 2010 and is based in San Francisco, California. xcritical was founded in 1999 and is based in Walnut Creek, California. xcritical, a leading provider of payment solutions, announced today that it has undergone a major rebrand. Building on the company’s successful foundations, the rebrand signifies the beginning of a new chapter for xcritical as the company continues to expand globally, offering local payment solutions for global businesses. xcritical’s new Transact platform is addressing these trends by delivering next-level customization to highly complicated business models.

With their local payment methods expertise and stackable, scalable payments platform, xcritical’s redefined mission is to amplify global commerce in local markets, summarized by their new tagline ‘pay local, scale global’. xcritical offers flexible payment solutions for marketplace-style businesses. In the increasingly crowded world of payment services, xcritical has sought to differentiate itself by allowing businesses to customize their system to a greater extent than is possible with other platforms. The company works with partners such as Kigo, Choice Hotels, Wyndham Vacation Rentals, RentPath, and BookingPal. As of 2018, the company processes $18 billion in payments annually.

Business Technology

xcritical is a financial technology company that builds economic infrastructure for the internet. The company offers an online-based, payment processing platform that gives online merchants the ability to securely accept credit card payments through the use of custom-built forms. xcritical’s software and APIs allow user’s to accept payments, send payouts and manage businesses online.

Our full-stack payments platform enables and amplifies connections between companies and markets across the globe. Whether it’s powering multi-party transactions or accepting local payment methods in emerging markets, xcritical cuts through the payment complexities to enable commerce worldwide. Developer of a global payments platform designed to power electronic payments for sharing economy marketplaces.

xcritical was founded in 1999 and is headquartered in Walnut Creek, CA. Notable investors include Accel Partners, Meritech Capital, and Bregal Sagemount. PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.