When was Novatti founded?

Novatti was founded in 2012 and raised its 1st funding round 9 years after it was founded.

Where is Novatti located?

Novatti is headquartered in Melbourne, Australia.

How many employees does Novatti have?

As of Aug 31, 2026, the latest employee count at Novatti is 65.

Is Novatti a funded company?

Novatti is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Jul 05, 2021.

When was the latest funding round of Novatti?

Novatti's latest funding was a $***** Post IPO round on Oct 07, 2021, with participation from 0 investor.

Where does Novatti rank among its competitors?

Novatti ranks 223rd amongst 6092 active competitors, of which 537 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Flutterwave, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of Novatti?

Novatti's top competitors include PayPal, Stripe and Razorpay. Among them, Flutterwave secured the most recent funding round in July, 2026.

Novatti - 2026 Company Profile, Team, Funding & Competitors

Novatti is a public company based in Melbourne (Australia), founded in 2012. It operates as a Banking and payments solutions provider. Novatti has raised an undisclosed amount in funding. The company has 6092 active competitors, including 537 funded and 493 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.

Company Details

Novatti is a software technology and systems integration provider. With an emphasis on the development and delivery of high volume, mission critical systems, these reliable and efficient solutions include Consumer Digital Wallet, Electronic Top Up, Mobile Money, Bill Payments, Remittance Services, Voucher Management Systems (PINs & PINless) and Electronic Voucher Distribution Systems.

Website: www.novatti.com/
Social

Key Metrics

Founded Year

2012

Location

Melbourne, Australia

Stage

Public

Latest Funding Round

Post IPO, Oct 07, 2021, $*****

Investors

Demtech

Ranked

223^rd among 6092 active competitors

Employee Count

65 as on Aug 31, 2026

Investment & Acquisitions

ATX & 2 more

Similar Companies

PayPal & 3653 more

Exit Details

Public

View Novatti's full profile

Novatti got listed on Jan 18, 2016.

Click here to take a look at Novatti's IPO in detail

Novatti has raised funding over 2 rounds. Its first funding round was on Jul 05, 2021. Novatti has 1 institutional investor.

Here is the list of recent funding rounds of Novatti:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 07, 2021	7620944	Post IPO	1218932	9366474	9910931	2294070
Jul 05, 2021	6663696	Post IPO	1153222	4780460	3004546	3370844

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Novatti's employee count trend

Novatti has 65 employees as of Aug 26. Here is Novatti's employee count trend over the years:

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Top competitors of Novatti include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of Novatti, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayPal 1998, United States, Public	Provider of online payment solutions, money transfers, and virtual wallets	$216M	ING, MDP & 29 others	87/100
2nd	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 135 others	86/100
3rd	Razorpay 2014, Bengaluru (India), Series F	Provider of payment and business banking solutions for enterprises	$742M	Peak XV Partners, GIC & 35 others	85/100
4th	Flutterwave 2016, San Francisco (United States), Series E	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 73 others	83/100
5th	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$554M	Accel, Amasia & 28 others	83/100
6th	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 52 others	83/100
7th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 15 others	81/100
8th	Pine Labs 1998, Noida (India), Public	Provider of in-store and online payment, prepaid, and financial solutions	$954M	Peak XV Partners, Actis & 186 others	80/100
9th	GoCardless 2011, London (United Kingdom), Acquired	Provider of automated bank payment collection and recurring billing services	$540M	Adams Street Partners, Permira & 26 others	80/100
10th	PayU 2002, Amsterdam (Netherlands), Funding Raised	Provider of online payment solutions and financial services for businesses	-	PROSPER, Gecad Ventures & 4 others	79/100
223rd	Novatti 2012, Melbourne (Australia), Public	Banking and payments solutions provider	-	Demtech	52/100

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Novatti has made 1 investment in Rent and acquired ATX and Vasco Pay.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 20, 2021	Acquisition	ATX	2011	Petaling Jaya (Malaysia)
Feb 06, 2020	Investments	Rent	1994	Perth (Australia)
Jun 13, 2018	Acquisition	Vasco Pay	2016	Sydney (Australia)