SPG - About the company
SPG is a series A company based in Altrincham (United Kingdom), founded in 2016. It operates as a Payment processing solutions for businesses. SPG has raised $34M in funding. The company has 6288 active competitors, including 532 funded and 490 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.
Company Details
Payment processing solutions for businesses. Its solutions include Shieldpay for consumer payments, Paycast for payout via platforms, and more. It also provides solutions for escrow-based payments.
- Website
- spg.co.uk
- Phone Number
- +44 **********
Key Metrics
Founded Year
2016
Location
Altrincham, United Kingdom
Stage
Series A
Total Funding
$34M in 1 round
Latest Funding Round
Investors
Ranked
534th among 6288 active competitors
Employee Count
110 as on Jul 01, 2024
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SPG's funding and investors
SPG has raised a total funding of $34M over 1 round. Its latest funding round was a Series A round on Dec 07, 2021 for $*****. 5 investors participated in its latest round. SPG has 5 institutional investors.
Here is the list of recent funding rounds of SPG:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 07, 2021 | 5800634 | Series A | 6023698 | 3773760 | 7207124 | 1934470 |
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SPG's founders and board of directors
Founder? Claim ProfileSPG's employee count trend
SPG has 110 employees as of Jul 24. Here is SPG's employee count trend over the years:
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SPG's Competitors and alternates
Top competitors of SPG include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of SPG, ranked by Tracxn score:
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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 | 87/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 86/100 | |
3rd | Provider of payment and business banking solutions for enterprises | $742M | 85/100 | ||
4th |  Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
5th | Online payment and money transfer platform for businesses | $554M | 83/100 | ||
6th | Airwallex 2015, San Francisco (United States), Series H | Provider of financial infrastructure for processing payments and managing treasury | $1.9B | 83/100 | |
7th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 82/100 | |
8th | Provider of in-store and online payment, prepaid, and financial solutions | $954M | 80/100 | ||
9th |  GoCardless 2011, London (United Kingdom), Acquired | Provider of automated bank payment collection and recurring billing services | $540M | 80/100 | |
10th | PayU 2002, Amsterdam (Netherlands), Funding Raised | Provider of online payment solutions and financial services for businesses | - | 79/100 | |
534th |  SPG 2016, Altrincham (United Kingdom), Series A | Payment processing solutions for businesses | $34M | 41/100 |
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SPG's Investments and acquisitions
SPG has made no investments or acquisitions yet.
Reports related to SPG
Here is the latest report on SPG's sector:
News related to SPG
•
MasterCard and Marqueta participate in SPG's USD34m Series A funding roundPrivate Equity Wire•Dec 07, 2021•SPG, Mastercard, Marqeta, Elliott Management and 4 others
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