When was Hyperwallet Systems founded?

Hyperwallet Systems was founded in 2000 and raised its 1st funding round 14 years after it was founded.

Where is Hyperwallet Systems located?

Hyperwallet Systems is headquartered in California, United States.

How many employees does Hyperwallet Systems have?

As of Jul 01, 2024, the latest employee count at Hyperwallet Systems is 90.

Is Hyperwallet Systems a funded company?

Hyperwallet Systems is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Jun 03, 2014.

When was the latest funding round of Hyperwallet Systems?

Hyperwallet Systems' latest funding was a $***** PE round on Jun 03, 2014, with participation from 1 investor. Its primary sector is HRTech. In United States, the HRTech sector has seen $342M in funding in 2026 to date.

Where does Hyperwallet Systems rank among its competitors?

Hyperwallet Systems ranks 39th amongst 445 active competitors, of which 72 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was DailyPay, which secured $200M in Feb, 2026.

Who are the top competitors of Hyperwallet Systems?

Hyperwallet Systems' top competitors include Payoneer, Remitly and Wise. Among them, DailyPay secured the most recent funding round in February, 2026.

Hyperwallet Systems - 2026 Company Profile, Team, Funding & Competitors

Q: Is Hyperwallet Systems an acquired company?

Hyperwallet Systems got acquired by PayPal on Jun 19, 2018.

Company Details

Global payout solutions for businesses to streamline payments to payees. It offers technology to facilitate mass payments to contract workers, freelancers, and sellers worldwide. The platform provides a full stack approach, enabling secure and efficient sending of commissions, rewards, claims, and rebates to both banked and unbanked individuals. It focuses on payout flexibility and control, helping organizations streamline operations and scale their business. The company offers features like a customizable Pay Portal and Embedded Payout Experiences to enhance the user experience. It provides developer tools and documentation to simplify integration. The company's services include global money transfer, digital wallets, and payment processing. It is a B2B company offering SaaS solutions for enterprise payout management.

Website: www.hyperwallet.com/
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Key Metrics

Founded Year

2000

Location

California, United States

Stage

Acquired

Latest Funding Round

PE, Jun 03, 2014, $*****

Investors

Primus Capital & 1 more

Ranked

39^th among 445 active competitors

Employee Count

90 as on Jul 01, 2024

Similar Companies

Airwallex & 1648 more

Exit Details

Acquired by PayPal (Jun 19, 2018)

View Hyperwallet Systems' full profile

Hyperwallet Systems got acquired by PayPal on Jun 19, 2018 at an acquisition amount of $*****.

Click here to take a look at Hyperwallet Systems's acquisition in detail

Hyperwallet Systems has raised funding over 1 round. Its latest funding round was a PE round on Jun 03, 2014 for $*****. 1 investor participated in its latest round. Hyperwallet Systems has 2 institutional investors.

Here is the list of recent funding rounds of Hyperwallet Systems:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 03, 2014	7332059	PE	1802564	3444380	7970860	3093335

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View details of Hyperwallet Systems's funding rounds and investors

The founders of Hyperwallet Systems is Lisa Shields.

Here are the details of Hyperwallet Systems' key team members:

Lisa Shields: Former Founder of Hyperwallet Systems and founder of 1 other company. They are also an angel investor in 4 startups.
Contact Info: 1 email address

View details of Hyperwallet Systems's Founder profiles and Board Members

Hyperwallet Systems' employee count trend

Hyperwallet Systems has 90 employees as of Jul 24. Here is Hyperwallet Systems's employee count trend over the years:

Employee count trend for Hyperwallet Systems

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Top competitors of Hyperwallet Systems include Payoneer, Remitly and Wise. Here is the list of Top 10 competitors of Hyperwallet Systems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Payoneer 2005, New York City (United States), Public	Provider of cross-border payment solutions for freelancers, businesses, and marketplaces	$269M	TCV, Wellington & 22 others	85/100
2nd	Remitly 2011, Seattle (United States), Public	Provider of international money transfer services with multiple delivery options	$436M	Generation Investment Management, PayU & 38 others	84/100
3rd	Wise 2011, Shoreditch (United Kingdom), Public	Provider of multi-currency accounts, international money transfers, and card services	$1.03B	Lone Pine Capital, Valar Ventures & 116 others	81/100
4th	Airwallex 2015, Singapore (Singapore), Series G	Provider of multi-currency business accounts, global payments, and spend management	$1.58B	Lone Pine Capital, Tencent & 41 others	81/100
5th	Xoom 2001, San Francisco (United States), Acquired	Provider of online service for international money transfers, bill payments	$106M	Fidelity Ventures, DAG Ventures & 12 others	76/100
6th	DailyPay 2015, New York City (United States), Series D	Developer of an online platform for employee financial benefits	$264M	Carrick Capital Partners, Intercept Ventures ... & 46 others	76/100
7th	MoneyGram 1940, Dallas (United States), Acquired	Provider of global money transfer and payment services for individuals	-	Goldman Sachs, Ripple & 3 others	75/100
8th	Thunes 2016, Singapore (Singapore), Series D	Cross-border payment infrastructure provider	$362M	Vitruvian Partners, Helios & 19 others	73/100
9th	Tipalti 2010, Foster City (United States), Series F	Cloud-based procurement and invoice management solutions for businesses	$553M	Zeev Ventures, G Squared & 22 others	73/100
10th	Rapyd 2016, London (United Kingdom), Series F	FinTech company that provides global payment solutions	$1.01B	Tal Capital, Coatue & 33 others	73/100
39th	Hyperwallet Systems 2000, California (United States), Acquired	Global payout solutions for businesses to streamline payments to payees	-	Primus Capital, Village Capital	56/100