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Equinox Systems

Founded Year

1983

Stage

IPO | IPO

Total Raised

$7.1M

Date of IPO

4/15/1993

About Equinox Systems

Manufacturer of input/output communications products for multi-user computer systems. The "open systems" and "downsizing" trends are resulting in a shift away from traditional mainframe and minicomputer systems toward lower-cost, PC-based multi-user systems. Equinox specialized custom software enables its products to function as a part of the computer system and LANs with which they are integrated. The company's software device drivers permit its products to communicate with various operating systems, including UNIX, DOS, and OS/2. The company's Terminal Servers include software to communicate over Ethernet LANs using the TCP/IP and LAT protocols. The company markets its products to a broad range of customers, including a world-wide network of distributors, VARs, system integrators, and OEMs.

Headquarters Location

6851 West Sunrise Boulevard

Fort Lauderdale, Florida, 33313,

United States

(305)255-3500

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Latest Equinox Systems News

Ordo raises £10m to transform how businesses collect payment

Oct 19, 2022

Series A round led by family investment company Equinox Systems and joined by high net-worth individuals and angel investors Share: Ordo , an open banking and request-to-pay platform, has raised £10 million in equity fundraising from private and institutional investors. The latest Series A round was led by family investment company Equinox Systems and joined by other high net-worth individuals and angel investors, many of whom are repeat investors. Equinox Systems has seen past investments in various successful businesses, including Certua, an embedded finance partner of Ordo. Ordo was co-founded in 2018 by the former management team of Faster Payments. Having successfully opened up the Faster Payments Scheme to more banks and other participants such as Wise, the Ordo team set out to make open banking payments a reality. Ordo enables businesses to request payments for single and recurring bills, via call centres, email, text or any other messaging platform a business uses, eCommerce and at point of sale, by orchestrating open banking over the Faster Payments rails, in real-time at low cost. Now live with multiple solutions, the investment is fuelling expansion across a range of sectors including credit & lending, wealth management, finance providers, government, utilities, property, vehicle distribution and FX. Ordo’s Neighbour2Neighbour campaign in lockdown in 2020 helped volunteers get paid back for shopping for the isolated during the COVID pandemic. Alongside its open banking single payments solutions, Ordo is now launching its comprehensive VRP (Variable Recurring Payments) enabled services for lenders and beyond. With its Neighbour2Neighbour campaign reaping initial success in the peer-to-peer market, it is now concentrating on the B2B2C market with a third-party integration strategy, as well as B2B. Having partnered with Pay360 by Capita, distribution channels also include Contis and Certua, meaning Ordo’s white-labelled easy integration solutions are available widely, quickly and at low cost. Integration with Ordo is via API and can be done in a matter of days, with simple business level APIs utilising OBIE standard. Craig Tillotson of Ordo said: “The global economy has had to withstand multiple shocks over the past couple of years, from a COVID-19 pandemic to the war in Ukraine, and the strain on consumer and business energy and food bills all pushing up inflation. “It is testament to our robust platform and business approach that we have been able to continually and steadily raise the funds we’ve needed to sustainably grow, and I have a great team to thank for that. “As I look to the future, both near and medium term, the case for request-to-pay and open banking capability has never been stronger. Ordo allows businesses to boost cash flow with instant receipt of cleared funds, and save direct and indirect costs without detriment to their customer. “Open banking is an absolute must for businesses wanting to help their cash strapped or simply more cautious customers, and trim the costs needed to match decreased consumer spending.”

Equinox Systems Frequently Asked Questions (FAQ)

  • When was Equinox Systems founded?

    Equinox Systems was founded in 1983.

  • Where is Equinox Systems's headquarters?

    Equinox Systems's headquarters is located at 6851 West Sunrise Boulevard, Fort Lauderdale.

  • What is Equinox Systems's latest funding round?

    Equinox Systems's latest funding round is IPO.

  • How much did Equinox Systems raise?

    Equinox Systems raised a total of $7.1M.

  • Who are the investors of Equinox Systems?

    Investors of Equinox Systems include Oak Investment Partners, TA Associates, ABS Ventures and Granite Ventures.

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