Pingit - About the company
Pingit is an unfunded company based in London (United Kingdom), founded in 2012. It operates as a Direct to bank mobile wallet.. Pingit has not raised any funding yet. The company has 461 active competitors, including 62 funded and 63 that have exited. Its top competitors include companies like Stripe, PayU and Flutterwave.
Company Details
Pingit is a mobile wallet app offered by Barclays bank that allows users to transfer money directly from their bank account to recipient's bank account. It leverages Paym's technology, which enables users to register their bank account with their mobile number. The app can be used to pay bills and even transfer money cross border. The Pingit app also allows users to pay online /at merchant POS using the Zapp -Pay by Bank- integration.
- Website
- pingit.com
Key Metrics
Founded Year
2012
Location
London, United Kingdom
Stage
Unfunded
Ranked
188th among 461 active competitors
Employee Count
554 as on Jan 31, 2021
Legal entities associated with Pingit
Pingit is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Vocalink Limited CIN: 6119048 , Germany, Active | Feb 19, 2007 | $279M (As on Dec 31, 2016) | 554 (As on Jan 31, 2021) |
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Pingit's funding and investors
Pingit has not raised any funding rounds yet.
Pingit's founders and board of directors
Founder? Claim ProfilePingit's employee count trend
Pingit has 554 employees as of Jan 21. Here is Pingit's employee count trend over the years:
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Pingit's Competitors and alternates
Top competitors of Pingit include Stripe, PayU and Flutterwave. Here is the list of Top 10 competitors of Pingit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 87/100 | |
2nd | PayU 2002, Amsterdam (Netherlands), Series C | Provider of payment solutions and credit products for online merchants | $35.1M | 84/100 | |
3rd | Flutterwave 2016, San Francisco (United States), Series D | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
4th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 80/100 | |
5th | Worldpay 1993, London (United Kingdom), Acquired | Provider of payment processing solutions for online, in-store, and omnichannel commerce | $18M | 77/100 | |
6th | ACI Worldwide 1975, Omaha (United States), Public | Process and manage digital payments | - | 76/100 | |
7th | Checkout 2012, London (United Kingdom), Series D | Provider of payment processing and global money movement solutions | $1.83B | 74/100 | |
8th | Diversified payment processing solution for businesses | $98.3M | 72/100 | ||
9th | Provider of payment solutions, risk management, and banking and issuing services | $322M | 72/100 | ||
10th | BlueSnap 2001, Waltham (United States), Acquired | International payment solution | $68M | 71/100 | |
188th | Pingit 2012, London (United Kingdom), Unfunded | Direct to bank mobile wallet. | - | - | 26/100 |
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Pingit's Investments and acquisitions
Pingit has made no investments or acquisitions yet.
Reports related to Pingit
Here is the latest report on Pingit's sector:
News related to Pingit
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Barclay’s Will Combine Pingit, BPay In Bid To Compete With ApplePYMNTS.com•Mar 05, 2019•Pingit, BPAY, Barclays, bPay and 2 others
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