PAYSTRAX - About the company
PAYSTRAX is a funded company based in Vilnius (Lithuania), founded in 2018 by Gunnar Mar Gunnarsson and Johannes Kolbeinsson. It operates as a Payment processing solution for businesses. The company has 46 active competitors, including 7 funded and 9 that have exited. Its top competitors include companies like PayU, Flutterwave and Nuvei.
Company Details
Payment processing solution for businesses. It features a cloud-based payment gateway solution to accept online payment transactions from both local and international clients and a POS terminal for accepting in-store payments via credit/debit cards and contactless mobile payments. It also provides a solution for risk & fraud management to detect and mitigate payment transaction frauds.
- Website
- paystrax.com
- Email ID
- *****@paystrax.com
- Registered Address
- NILE HOUSE,NILE STREET,BRIGHTON,UNITED KINGDOM,BN1 1HW
Legal entities associated with PAYSTRAX
PAYSTRAX is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PAYSTRAX LTD CIN: 11875619 , United Kingdom, Active | Mar 11, 2019 | - | - |
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PAYSTRAX's funding and investors
PAYSTRAX is a funded company.
PAYSTRAX's founders and board of directors
Founder? Claim ProfileThe founders of PAYSTRAX are Gunnar Mar Gunnarsson and Johannes Kolbeinsson. Johannes Kolbeinsson is the CEO of PAYSTRAX.
Here are the details of PAYSTRAX's key team members:
- Gunnar Mar Gunnarsson: Co-Founder & CTO of PAYSTRAX.
- Johannes Kolbeinsson: Co-Founder and CEO of PAYSTRAX.
View details of PAYSTRAX's Founder profiles and Board Members
PAYSTRAX's employee count trend
PAYSTRAX has 148 employees as of May 26. Here is PAYSTRAX's employee count trend over the years:
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PAYSTRAX's Competitors and alternates
Top competitors of PAYSTRAX include PayU, Flutterwave and Nuvei. Here is the list of Top 10 competitors of PAYSTRAX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PayU 2002, Amsterdam (Netherlands), Series C | Provider of online payment solutions and financial services for businesses | $35.1M | 84/100 | |
2nd | Flutterwave 2016, San Francisco (United States), Series D | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
3rd | Provider of payment solutions, risk management, and banking and issuing services | $322M | 72/100 | ||
4th | First Data 1971, Atlanta (United States), Acquired | Payments processing service provider | - | 63/100 | |
5th | Equiniti 2002, Lancing (United Kingdom), Acquired | Provider of financial technology and payment processing solutions | - | 61/100 | |
6th | UnionPay Intl 2012, Shanghai (China), Funding Raised | Operator of payment network facilitating card and mobile-based transactions | - | 57/100 | |
7th | CyberSource 1994, Foster City (United States), Acquired | Platform offering E-Commerce payment management | - | 56/100 | |
8th | Provider of payment processing solutions for merchants and financial institutions | - | 56/100 | ||
9th | Paysley 2005, Los Angeles (United States), Acquired | Non-card based payment processing solutions for businesses | - | - | 43/100 |
10th | Integrated payment solutions for merchants and businesses | - | - | 43/100 | |
11th | Payment processing solution for businesses | - | - | 39/100 |
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PAYSTRAX's Investments and acquisitions
PAYSTRAX has acquired Nochex. PAYSTRAX has not made any investments as of now.Reports related to PAYSTRAX
Here is the latest report on PAYSTRAX's sector:
News related to PAYSTRAX
Media has covered PAYSTRAX for a total of 3 events in the last 1 year, 1 of them has been about company updates.
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PAYSTRAX offers stablecoin settlements and direct card acquiring for iGaming iGaming Business•Jun 01, 2026•iGaming.com, PAYSTRAX
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PAYSTRAX expands settlement flexibility for complex international businessesiGaming Business•Feb 02, 2026•PAYSTRAX
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PAYSTRAX acquires Nochex to expand payment processing in UK and EuropeRetail Technology Innovation Hub•Oct 13, 2025•PAYSTRAX, Nochex
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PAYSTRAX partners with Cardstream to offer global payments solution for merchantsElectronic Payments International•Jul 16, 2024•Cardstream, PAYSTRAX
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Lithuanian Fintech PAYSTRAX Launches in the UK Following FCA ApprovalThe Fintech Times•Nov 21, 2023•PAYSTRAX
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Idenfy Joins Forces With Paystrax To Enhance Security Through Ai-powered Identity VerificationFinancial IT•Jul 21, 2023•iDenfy, PAYSTRAX
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PAYSTRAX Selects VikingCloud’s Patented Web Risk Monitoring to Mitigate Merchant FraudBusiness Wire•Jul 19, 2023•VikingCloud, PAYSTRAX
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PAYSTRAX Launches Fraud Management Platform with DisputeHelpACCESSWIRE•Mar 27, 2023•PAYSTRAX, DisputeHelp
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