FreedomPay
Founded Year
2000Stage
Private Equity | AliveTotal Raised
$42.76MRevenue
$0000About FreedomPay
FreedomPay delivers payments management solutions, enabling organizations to improve the way they send, receive, and settle payments. The FreedomPay Commerce Platform enables merchants to simplify complex payment environments. Validated by the PCI Security Standards Council for Point-to-Point Encryption (P2PE) along with EMV, NFC and DCC capabilities, global leaders in retail, hospitality, gaming, education, healthcare, and financial services trust FreedomPay to deliver unmatched security and advanced, value-added services.
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Expert Collections containing FreedomPay
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
FreedomPay is included in 4 Expert Collections, including Store tech (In-store retail tech).
Store tech (In-store retail tech)
1,544 items
Startups aiming to work with retailers to improve brick-and-mortar retail store operations.
Payments
2,672 items
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
Conference Exhibitors
5,302 items
Fintech
7,985 items
US-based companies
FreedomPay Patents
FreedomPay has filed 1 patent.
The 3 most popular patent topics include:
- Merchant services
- Mobile payments
- Online payments
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
2/5/2019 | 6/29/2021 | Payment service providers, Payment systems, Online payments, Mobile payments, Merchant services | Grant |
Application Date | 2/5/2019 |
|---|---|
Grant Date | 6/29/2021 |
Title | |
Related Topics | Payment service providers, Payment systems, Online payments, Mobile payments, Merchant services |
Status | Grant |
Latest FreedomPay News
May 18, 2023
Prommt, a leading Irish payment request platform, has extended its partnership with payment brand FreedomPay to the US market. The announcement was made during the recent Irish Government Trade Mission in New York City, led by Minister Simon Coveney. The partnership builds on their existing collaboration in Europe. By entering the US market with FreedomPay , Prommt is looking to take advantage of the Philidelphia headquartered fintech's strong presence in North America, particularly in retail, hospitality, healthcare, and education. Nate Ware, SVP of Sales & Digital Development at FreedomPay, expressed excitement about the extended partnership, highlighting their joint success in key industries. "We are proud to grow our partnership with Prommt and continue to bring next-level flexibility and functionality to enterprise customers across the US and Europe. With FreedomPay and Prommt's joint successes in key verticals, including Hospitality, Retail, and F&B, we look forward to driving innovation and customer satisfaction." For FreedomPay, the collaboration enhances their Next Level Commerce solution, providing personalized remote payment collection and advanced reporting capabilities for their US clients. Prommt's integration with leading hospitality Property Management Systems strengthens their offering to hotels. (L to R): Leo Clancy, Enterprise Ireland, Pauline Mulligan, Department of Enterprise, Trade and Employment, Donal McGuinness, Prommt, Minister Simon Coveney, T.D., Nate Ware, FreedomPay, Jane O'Sullivan, Enterprise Ireland, Rory Power, Enterprise Ireland and Maria Gagic, Enterprise Ireland. With support from Enterprise Ireland, Prommt is expanding its customer base in the US market. Donal McGuinness, CEO of Prommt, expressed delight about deepening the partnership with FreedomPay and their shared mission to provide innovative payment solutions in the US market. "We are delighted to expand and deepen our relationship with FreedomPay as we continue to build our presence in the US market. FreedomPay is a global payments brand, with a dominant position achieved in markets that neatly align with Prommt, such as Hospitality and Sports & Entertainment. We look forward to continuing to foster our partnership and are proud to help strengthen the FreedomPay Next Level CommerceTM offering."
FreedomPay Frequently Asked Questions (FAQ)
When was FreedomPay founded?
FreedomPay was founded in 2000.
Where is FreedomPay's headquarters?
FreedomPay's headquarters is located at FMC Tower at Cira Centre South, Philadelphia.
What is FreedomPay's latest funding round?
FreedomPay's latest funding round is Private Equity.
How much did FreedomPay raise?
FreedomPay raised a total of $42.76M.
Who are the investors of FreedomPay?
Investors of FreedomPay include TPG Capital, BlueRun Ventures, Goldman Sachs, Core Capital Partners and Clarium Capital.
Who are FreedomPay's competitors?
Competitors of FreedomPay include WhenThen and 4 more.
Compare FreedomPay to Competitors
CSI (OTCQX: CSVI) provides regulatory solutions for digital transformation and regulatory compliance in the banking sector. It offers enterprise banking, managed cybersecurity, IT management, regulatory compliance, digital banking, core banking process, document delivery, and advisory services. The company was founded in 1965 and is based in Paducah, Kentucky.
TokenEx is an enterprise data security company, providing unique solutions that couple tokenization and end-to-end encryption (E2EE). TokenEx has developed a new patent-pending solution for handling payment card transactions for merchants that will help them avoid a majority of, if not all of, PCI Compliance requirements and will secure payment card data from card swipe through authorization and settlement. The company was founded in 2010 and is based in Edmond, Oklahoma.
Bluefin is a provider of secure payment technologies for enterprises, financial institutions, and small-medium sized businesses. Bluefin's proprietary PayConex platform features PCI-validated Point-to-Point Encryption (P2PE), the QuickSwipe mobile POS system, tokenization, transparent redirect, and more. Bluefin is a Participating Organization of the PCI Security Standards Council (SSC) and is headquartered in Atlanta, with offices in New York, Chicago, and Tulsa.
Stripe operates as a financial technology company. It 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. It allows users to accept payments, send payouts, and manage businesses online. It was formerly known as HGSC. It was founded in 2010 and is based in South San Francisco, California.
Alacriti provides financial services and payment technology solutions to companies in the financial services, healthcare, insurance and utility industries. Its unified platform, Orbipay, supports three payment-related use cases - electronic bill presentment and payments (EBPP), digital disbursements, and subscription billing. The technology enables clients to reduce costs, improve efficiency, and deliver experiences to their customers.
Pine Labs offers cloud-based point-of-sale (PoS) payments solutions, allowing merchants to accept credit or debit card payments, as well as methods such as e-wallets, QR code payment solutions, and unified payments interface (UPI)-based solutions.
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