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Corporation
INTERNET | Internet Software & Services / Payments
powa.com

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Stage

Asset Sale | AssetsPurchased

Total Raised

$226.7M

About Powa Technologies

Powa Technologies provides a two-tier solution for maximizing online sales for clients. The first tier is the Powa SaaS (or 'cloud') platform, which is driven by the Powa Control Panel management dashboard for managing customer, product and order information. By enabling the rapid deployment of tactical, distributed online shops, Powa is able to provide clients with a robust online merchandising capability. This distributed environment of expansion eCommerce sites mirrored the changing nature of search engine ranking algorithms, which reflected a strategy on the part of the global search engines towards a country-by-country weighting structure.

Powa Technologies Headquarter Location

The Met Building 22 Percy Street

London, England, W1T 2BU,

United Kingdom

Latest Powa Technologies News

Dan Wagner’s old software company ATTRAQT collapses 25% after new CFO finds ‘inaccuracies’

Oct 27, 2017

source Powa Technologies Software company ATTRAQT’s shares collapse 25% on a profit warning. New CFO discovered “inaccuracies” in revenue forecasting. ATTRAQT was founded by Dan Wagner, a serial entrepreneur whose Powa Technologies imploded last year. LONDON – Shares in AIM-listed software company ATTRAQT lost a quarter of their value on Friday after its new CFO discovered “inaccuracies” on its books . ATTRAQT said that Eric Dodd, who became CFO at the start of September, found “inaccuracies in forecasting the timing of certain contracts and client “go-live” dates” following a review commissioned by the board. Revenue is being delayed by “a number of significant new contracts closing but later than planned, and some other contract decisions being delayed.” “Inaccuracies in estimating the period between engagement and the “go-live” dates have also been identified by the review,” ATTRAQT said. As a result, the loss-making company warned revenues for the year will now be roughly 10% lower than initially forecast. ATTRAQT’s share price nose-dived over 25% on the news: source ATTRAQT provides software to help businesses build online shops. It works with the likes of Tesco’s F&F clothing brand, Superdry, TK Maxx, and Paperchase. TAGS

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Research containing Powa Technologies

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CB Insights Intelligence Analysts have mentioned Powa Technologies in 1 CB Insights research brief, most recently on Jun 21, 2021.

Expert Collections containing Powa Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Powa Technologies is included in 1 Expert Collection, including Fintech.

F

Fintech

10,750 items

Excludes US-based companies

Powa Technologies Patents

Powa Technologies has filed 6 patents.

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Grant Date

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Related Topics

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4/22/2013

3/1/2016

Payment systems, Contactless smart cards, Banking technology, Smart cards, Payment service providers

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4/22/2013

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3/1/2016

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Payment systems, Contactless smart cards, Banking technology, Smart cards, Payment service providers

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