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Clear2Pay - About the company

Clear2Pay is an acquired company based in Brussels (Belgium), founded in 2001 by Jurgen Ingels. It operates as an A payments technology vendor. Clear2Pay has raised $92.4M in funding from investors like Gimv, Idinvest Partners and Hummingbird Ventures, with last known valuation of $*****. The company has 145 active competitors, including 15 funded and 13 that have exited. Its top competitors include companies like Ripple, Form3 and ISG.

Company Details

Clear2Pay is a Belgium based company providing payment solutions to financial institutions. It provides a variety of products and services like Bank Payment Hub (an umbrella payment solutions), Open Payment Framework (common reusable services like choreographed business payment processes) and other payment solutions like international payments, domestic payments and electronic banking. It also provides certain value-added-services like dispute management, remittances, maintenance of tax payment formats and bill presentment and payments. In September 2014 Clear2Pay was acquired by FIS, a US based provider of banking and payment technology solutions, for $492M. It counts 40 of the world's top 50 banks amongst its customers.
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Key Metrics
Founded Year
2001
Location
Brussels, Belgium
Stage
Acquired
Total Funding
$92.4M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Sep 03, 2014
Investors
Ranked
Annual Revenue
€1M - €10M as on Dec 31, 2015
Employee Count
165 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by FIS (Sep 03, 2014)

Clear2Pay's acquisition details

Clear2Pay got acquired by FIS on Sep 03, 2014 at an acquisition amount of $*****.
Click here to take a look at Clear2Pay's acquisition in detail
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Clear2Pay's funding and investors

Clear2Pay has raised a total funding of $92.4M over 4 rounds. Its first funding round was on Jan 2006. Its latest funding round was a Series C round on Dec 07, 2009 for $*****. 1 investor participated in its latest round. Clear2Pay has 5 institutional investors.

Here is the list of recent funding rounds of Clear2Pay:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 07, 2009
8548236
Series C
9833021
6679455
4946736
7429375
Dec 16, 2008
6833490
Series B
7818241
1466300
8178756
4196704
Jan 31, 2008
4853194
Series B
5024105
9880134
1292907
7378517
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Clear2Pay's founders and board of directors

Founder? Claim Profile
The founders of Clear2Pay is Jurgen Ingels.
Here are the details of Clear2Pay's key team members:

Clear2Pay's employee count trend

Clear2Pay has 165 employees as of Aug 26. Here is Clear2Pay's employee count trend over the years:
Employee count trend for Clear2Pay
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Clear2Pay's Competitors and alternates

Top competitors of Clear2Pay include Ripple, Form3 and ISG. Here is the list of Top 10 competitors of Clear2Pay, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ripple
Ripple
2012, San Francisco (United States), Series D
Provider of blockchain and financial infrastructure solutions for cross-border payments and digital asset custody
$853M
80/100
2nd
Logo for Form3
Form3
2016, London (United Kingdom), Series C
Provider of cloud-based merchant acquiring solutions for banks
$278M
63/100
3rd
Logo for ISG
ISG
2004, Mumbai (India), Series A
Provider of payment processing software for card issuance and switching
$9.01M
61/100
4th
Logo for Infinant
Infinant
2021, Charlotte (United States), Series A
Provider of a platform for banks to manage accounts and payments
$20M
60/100
5th
Logo for Tassat
Tassat
2017, New York City (United States), Series B
Blockchain-based solutions for the financial solutions sector
$78.6M
57/100
6th
Logo for Montran
Montran
1979, New York City (United States), Unfunded
Provider of payment, settlement and CSD solutions to banks
-
-
52/100
7th
Logo for Yethi
Yethi
2013, Bengaluru (India), Series A
Provider of quality assurance and testing automation services for banking and financial services industries
$9.9M
51/100
8th
Logo for Silot
Silot
2017, Singapore (Singapore), Series A
AI-enabled banking software suite and merchant banking solutions
$13.7M
48/100
9th
Logo for CredoPay
CredoPay
2014, Chennai (India), Seed
Merchant acquirer payment processing solutions for businesses
$10.2M
48/100
10th
Logo for Lorum
Lorum
2023, New York (United States), Seed
Provider of infrastructure for multi-currency clearing and virtual IBAN accounts
$6.6M
47/100
14th
Logo for Clear2Pay
Clear2Pay
2001, Brussels (Belgium), Acquired
A payments technology vendor
$92.4M
44/100
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Clear2Pay's Investments and acquisitions

Clear2Pay has not made any investments yet. Clear2Pay has made 5 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Nov 22, 2011
Acquisition
2002
Fremont (United States)
Nov 13, 2011
Acquisition
1995
Edinburgh (United Kingdom)
Jun 29, 2011
Acquisition
1997
Jacksonville (United States)
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Reports related to Clear2Pay

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News related to Clear2Pay

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