99bill - About the company
99bill is an acquired company based in Shanghai (China), founded in 2004 by Oliver Kwan. It operates as a Provider of payment solutions, security tools, and related support services. 99bill has raised $96.6M in funding. The company has 64 active competitors, including 11 funded and 11 that have exited. Its top competitors include companies like Ezetap, Lakala and SUNMI.
Company Details
Provider of payment solutions, security tools, and related support services. It offers payment processing for businesses and security hardware for account protection. The company provides digital certificates for user identification and login protection. It also facilitates sales and customer service support.
- Website
- www.99bill.com/
Key Metrics
Founded Year
2004
Location
Shanghai, China
Stage
Acquired
Total Funding
$96.6M in 7 rounds
Latest Funding Round
Investors
Ranked
4th among 64 active competitors
Employee Count
115 as on Jun 30, 2026
Exit Details
Acquired by Wanda Group (Dec 26, 2014)
Legal entities associated with 99bill
99bill is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
99BILL CORP CIN: 1321994 , United States, Active | $5M - $25M (As on Nov 03, 2010) | - | - |
99bill's acquisition details
99bill got acquired by Wanda Group on Dec 26, 2014 at an acquisition amount of $*****.
Click here to take a look at 99bill's acquisition in detail
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99bill's funding and investors
99bill has raised a total funding of $96.6M over 7 rounds. Its first funding round was on Aug 11, 2005. 99bill has 4 institutional investors.
Here is the list of recent funding rounds of 99bill:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 19, 2012 | 2704342 | Series C | 4639959 | 2272682 | 9020925 | 3282906 |
Oct 22, 2010 | 3352973 | Series C | 5602690 | 7256540 | 5872627 | 3393870 |
Jul 15, 2009 | 2029728 | Series B | 4426016 | 4865063 | 7589647 | 4540873 |
View details of 99bill's funding rounds and investors
99bill's founders and board of directors
Founder? Claim ProfileHere are the details of 99bill's key team members:
- Oliver Kwan: Founder of 99bill.
- Danny Gong: CEO of 99bill.
- Gao Yukun: CEO of 99bill.
View details of 99bill's Founder profiles and Board Members
99bill's employee count trend
99bill has 115 employees as of Jun 26. Here is 99bill's employee count trend over the years:
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99bill's Competitors and alternates
Top competitors of 99bill include Ezetap, Lakala and SUNMI. Here is the list of Top 10 competitors of 99bill, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cloud-based mPOS software and hardware solutions for businesses | $66.4M | 72/100 | ||
2nd | POS payment acceptance solution for businesses | $350M | 70/100 | ||
3rd | Manufacturer of terminals, pads, kiosks, and related accessories and services | $61.4M | 66/100 | ||
4th | Provider of payment solutions, security tools, and related support services | $96.6M | 46/100 | ||
5th | End-to-end mPoS solutions | $8M | - | 44/100 | |
6th | Hardware-based POS terminals for merchants | - | - | 44/100 | |
7th | Newland Payment Technology 1994, Fuzhou (China), Unfunded | Hardware-based POS terminals for merchants | - | - | 44/100 |
8th | Newland NPT 1994, Fuzhou (China), Unfunded | POS payment processing solution for businesses | - | - | 43/100 |
9th | PAX Technology 2001, Shenzhen (China), Funding Raised | Manufacturer of Android payment terminals, SmartPOS, ECR, and self-service devices | - | 43/100 | |
10th | Provides mPoS hardware and software solution. | $4.8M | 42/100 |
Looking for more details on 99bill's competitors? Click here to see the top ones
99bill's Investments and acquisitions
99bill has made no investments or acquisitions yet.
Reports related to 99bill
Here is the latest report on 99bill's sector:
News related to 99bill
•
PE Week Wire - Friday, August 12 - PE HubPE Hub•Aug 12, 2005•Kiala, HarbourVest Partners, 99bill, DCM Ventures and 10 others
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