When was OpenWay Group founded?

OpenWay Group was founded in 1995.

Where is OpenWay Group located?

OpenWay Group is headquartered in Mont Saint Guibert, Belgium.

How many employees does OpenWay Group have?

As of Aug 31, 2026, the latest employee count at OpenWay Group is 491.

What is the annual revenue of OpenWay Group?

Annual revenue of OpenWay Group is between €10M and €50M as on Dec 31, 2024

Where does OpenWay Group rank among its competitors?

OpenWay Group ranks 18th amongst 235 active competitors, of which 21 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Silverflow, which secured $40M in Mar, 2026.

Who are the top competitors of OpenWay Group?

OpenWay Group's top competitors include FSS, Elavon and Monavate. Among them, Silverflow secured the most recent funding round in March, 2026.

OpenWay Group - 2026 Company Profile, Team, Competitors & Financials

OpenWay Group is an unfunded company based in Mont Saint Guibert (Belgium), founded in 1995. It operates as a Payment processing software vendor. OpenWay Group has not raised any funding yet. The company has 235 active competitors, including 21 funded and 57 that have exited. Its top competitors include companies like FSS, Elavon and Monavate.

Company Details

OpenWay Group is a software development firm for payments processing. The company has developed a new e-payment processing framework "WAY4" based on Oracle platform. This framework can be used for banks, payment processors, telcos and petrol companies. The company's product portfolio consists of WAY4 cards and merchant management applications, financial switching, omnichannel banking, prepaid cards, E-Commerce, mobile payments, and digital wallet. The company has 10 offices and 130 clients worldwide and has tie-ups with Visa & MasterCard.

Website: openwaygroup.com
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Email ID: *****@openwaygroup.com

Key Metrics

Founded Year

1995

Location

Mont Saint Guibert, Belgium

Stage

Unfunded

Ranked

18^th among 235 active competitors

Annual Revenue

€10M - €50M as on Dec 31, 2024

Employee Count

491 as on Aug 31, 2026

Investment & Acquisitions

Clik & 1 more

Similar Companies

FSS & 298 more

View OpenWay Group's full profile

OpenWay Group is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
OpenWAY Europe CIN: 0475.304.156 , Belgium, Active	Jul 15, 2001	€10M - €50M (As on Dec 31, 2024)	41 (As on Dec 31, 2022)	-
OpenWay Europe S.A. CIN: 0475.304.156 , Norway, Active	Jul 12, 2001	€10M - €50M (As on Dec 31, 2022)	-

OpenWay Group has not raised any funding rounds yet.

OpenWay Group's employee count trend

OpenWay Group has 491 employees as of Aug 26. Here is OpenWay Group's employee count trend over the years:

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Top competitors of OpenWay Group include FSS, Elavon and Monavate. Here is the list of Top 10 competitors of OpenWay Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	FSS 1991, Chennai (India), Series C	Provider of payment technology solutions for card issuance and management	$127M	Premji Invest, New Enterprise Associates & 7 others	64/100
2nd	Elavon 1991, Atlanta (United States), Acquired	Global payment processing solutions for businesses of all sizes and industries	-	-	63/100
3rd	Monavate 2019, Cambridge (United Kingdom), Acquired	Online payment and issuer processing solution for businesses	$6.89M	-	63/100
4th	TSYS 1982, Columbus (United States), Acquired	Issuer processing solutions	-	-	61/100
5th	EVO Payments 1989, Atlanta (United States), Acquired	Merchant acquiring and payment processing solutions	-	Ranger Investments, MDP	61/100
6th	Paysera 2004, Vilnius (Lithuania), Series A	Banking channels and issuer processing solutions	$8.62M	-	59/100
7th	CPI Card Group 1995, Littleton (United States), Public	Payment card and issuer processing solutions	-	Demtech, Parallel49 Equity	59/100
8th	Silverflow 2019, Amsterdam (Netherlands), Series B	Issuer processor providing payment processing solution for businesses	$76.4M	Picus Capital, Coatue & 6 others	58/100
9th	i2c 2001, Redwood City (United States), Unfunded	Provider of issuer processing, fraud risk management, and core banking services	-	-	58/100
10th	Enfuce 2016, Espoo (Finland), Series C	Provider of open banking API solutions	$74.2M	Vitruvian Partners, Maki & 5 others	58/100
18th	OpenWay Group 1995, Mont Saint Guibert (Belgium), Unfunded	Payment processing software vendor	-	-	53/100