ElectraCard Services - About the company
ElectraCard Services is an acquired company based in Pune (India), founded in 2006. It operates as a Third-party payment services provider. ElectraCard Services has raised an undisclosed amount in funding from Mastercard. The company has 185 active competitors, including 21 funded and 56 that have exited. Its top competitors include companies like Thredd, Silverflow and FSS.
Company Details
Third-party payment services provider. Provides third-party processing services and software for credit, debit, and prepaid card companies and EFT switching solutions to banks. ECS products enable customers to issue and manage all types of payment cards and electronically process card transactions across multiple channels such as ATMs, internet, and mobile. Offers insight and capabilities to process a variety of payment transactions in real-time. Has processing centers and service locations to address both in-house and third-party processor markets.
- Website
- electracard.com
- Registered Address
- 1st Floor, Building No. 4, Commerzone, Samrat Ashoka Path, Off Airport Road, Ye, rwada, Pune, Pune, Maharashtra, India, 411006
Key Metrics
Founded Year
2006
Location
Pune, India
Stage
Acquired
Latest Funding Round
Investors
Ranked
43rd among 185 active competitors
Annual Revenue
₹152Cr as on Mar 31, 2025
Employee Count
556 as on Aug 31, 2025
Exit Details
Acquired by Mastercard (May 19, 2014)
Legal entities associated with ElectraCard Services
ElectraCard Services is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OPUS SOLUTIONS PRIVATE LIMITED CIN: U72900PN2017PTC188783 , India, Active | Jul 17, 2017 | $17.9M (As on Mar 31, 2025) | 556 (As on Aug 31, 2025) |
ElectraCard Services's acquisition details
ElectraCard Services got acquired by Mastercard on May 19, 2014.
Click here to take a look at ElectraCard Services's acquisition in detail
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ElectraCard Services's funding and investors
ElectraCard Services has raised funding over 1 round. Its latest funding round was a Seed round on 2010 for $*****. 1 investor participated in its latest round. ElectraCard Services has 1 institutional investor.
Here is the list of recent funding rounds of ElectraCard Services:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2010 | 3103 | Seed | 4791 | 7992 | 1660 | 5905 |
View details of ElectraCard Services's funding rounds and investors
ElectraCard Services' founders and board of directors
Founder? Claim ProfileElectraCard Services' employee count trend
ElectraCard Services has 556 employees as of Aug 25. The total employee count is 46.0% more than what it was in Aug 24. Here is ElectraCard Services's employee count trend over the years:
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ElectraCard Services's Competitors and alternates
Top competitors of ElectraCard Services include Thredd, Silverflow and FSS. Here is the list of Top 10 competitors of ElectraCard Services, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Thredd 2007, London (United Kingdom), Series D | Provider of issuer processing services for businesses needing digital payment solutions | $461M | 65/100 | |
2nd | Silverflow 2019, Amsterdam (Netherlands), Series B | Issuer processor providing payment processing solution for businesses | $76.4M | 64/100 | |
3rd | Provider of payment technology solutions for card issuance and management | $127M | 64/100 | ||
4th | Provider of open banking API solutions | $74.2M | 63/100 | ||
5th | Conferma 2004, Cheadle (United Kingdom), Unfunded | Provider of virtual card and payment solutions for business transactions | - | - | 62/100 |
6th | EVO Payments 1989, Atlanta (United States), Acquired | Merchant acquiring and payment processing solutions | - | 61/100 | |
7th | Elavon 1991, Atlanta (United States), Acquired | Global payment processing solutions for businesses of all sizes and industries | - | - | 60/100 |
8th | Arroweye 2000, Chicago (United States), Acquired | On-demand payment card solutions provider enabling speed and flexibility | $88.7M | 60/100 | |
9th | TSYS 1982, Columbus (United States), Acquired | Issuer processing solutions | - | - | 60/100 |
10th | BCcard 2002, Seoul (South Korea), Unfunded | White label payment card issuer | - | - | 59/100 |
43rd | ElectraCard Services 2006, Pune (India), Acquired | Third-party payment services provider | - | 40/100 |
Looking for more details on ElectraCard Services's competitors? Click here to see the top ones
ElectraCard Services's Investments and acquisitions
ElectraCard Services has made no investments or acquisitions yet.
Reports related to ElectraCard Services
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