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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.
Social
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Email ID
*****@paystrax.com
Registered Address
NILE HOUSE,NILE STREET,BRIGHTON,UNITED KINGDOM,BN1 1HW
Key Metrics
Founded Year
2018
Location
Vilnius, Lithuania
Stage
Funding Raised
Ranked
Employee Count
148 as on May 31, 2026
Investment & Acquisitions
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PAYSTRAX's funding and investors

PAYSTRAX is a funded company.

PAYSTRAX's founders and board of directors

Founder? Claim Profile
The 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:

PAYSTRAX's employee count trend

PAYSTRAX has 148 employees as of May 26. Here is PAYSTRAX's employee count trend over the years:
Employee count trend for PAYSTRAX
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for PayU
PayU
2002, Amsterdam (Netherlands), Series C
Provider of online payment solutions and financial services for businesses
$35.1M
84/100
2nd
Logo for Flutterwave
Flutterwave
2016, San Francisco (United States), Series D
Provider of payment solutions for online and physical business transactions
$489M
83/100
3rd
Logo for Nuvei
Nuvei
2003, Montreal (Canada), Acquired
Provider of payment solutions, risk management, and banking and issuing services
$322M
72/100
4th
Logo for First Data
First Data
1971, Atlanta (United States), Acquired
Payments processing service provider
-
63/100
5th
Logo for Equiniti
Equiniti
2002, Lancing (United Kingdom), Acquired
Provider of financial technology and payment processing solutions
-
61/100
6th
Logo for UnionPay Intl
UnionPay Intl
2012, Shanghai (China), Funding Raised
Operator of payment network facilitating card and mobile-based transactions
-
57/100
7th
Logo for CyberSource
CyberSource
1994, Foster City (United States), Acquired
Platform offering E-Commerce payment management
-
56/100
8th
Logo for Worldline
Worldline
1972, Paris (France), Public
Provider of payment processing solutions for merchants and financial institutions
-
56/100
9th
Logo for Paysley
Paysley
2005, Los Angeles (United States), Acquired
Non-card based payment processing solutions for businesses
-
-
43/100
10th
Logo for Paynt
Paynt
2013, Vilnius (Lithuania), Unfunded
Integrated payment solutions for merchants and businesses
-
-
43/100
11th
Logo for PAYSTRAX
PAYSTRAX
2018, Vilnius (Lithuania), Funding Raised
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

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Media has covered PAYSTRAX for a total of 3 events in the last 1 year, 1 of them has been about company updates.
PAYSTRAX fintech launches in the UKThe PaypersNov 21, 2023PAYSTRAX
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FAQs about PAYSTRAX

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