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TIS - About the company

TIS is an acquired company based in Walldorf (Germany), founded in 2010 by Erol Bozak. It operates as a Payment optimization and management solutions for enterprises. TIS has raised $39.4M in funding from investors like Target Partners, Zobito and 83NORTH. The company has 6322 active competitors, including 535 funded and 492 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.

Company Details

Payment optimization and management solutions for enterprises. It provides a cloud-based solution to enterprises to streamline payments by accelerating international connectivity across banks, systems, and providers. It also offers solutions such as bank account management, corporate payment platform, and more.
Social
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Email ID
*****@tis.biz
Phone Number
+49 **********
Key Metrics
Founded Year
2010
Location
Walldorf, Germany
Stage
Acquired
Total Funding
$39.4M in 5 rounds
Ranked
Employee Count
263 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Marlin Equity Partners (Mar 26, 2024)

TIS's acquisition details

TIS got acquired by Marlin Equity Partners on Mar 26, 2024.
Click here to take a look at TIS's acquisition in detail
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TIS's funding and investors

TIS has raised a total funding of $39.4M over 5 rounds. Its first funding round was on May 18, 2011. Its latest funding round was a Conventional Debt round on Jun 07, 2022 for $*****. 1 investor participated in its latest round. TIS has 8 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of TIS:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 07, 2022
9701176
Conventional Debt
6252415
5792129
5679431
9593816
May 26, 2020
8173463
Series C
9697331
9905296
2716278
Nov 09, 2017
2427600
Series B
4592168
3248720
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TIS's founders and board of directors

Founder? Claim Profile
The founders of TIS is Erol Bozak. Erik Masing is the CEO of TIS.
Here are the details of TIS's key team members:

TIS's Board of Directors

TIS's board has 3 active members. Erik Masing, Joerg Wiemer and Bastienne Foeller are part of team.
Here is the list of TIS's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
16y 8m
txwuoph
Team
-
Current
8y 7m
pylixjt
Team
-
Current
6y 2m

TIS's employee count trend

TIS has 263 employees as of Sep 26. Here is TIS's employee count trend over the years:
Employee count trend for TIS
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TIS's Competitors and alternates

Top competitors of TIS include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of TIS, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for PayPal
PayPal
1998, United States, Public
Provider of online payment solutions, money transfers, and virtual wallets
$216M
88/100
2nd
Logo for Stripe
Stripe
2010, San Francisco (United States), Series I
Provider of financial infrastructure solutions for revenue growth and payment processing
$9.81B
86/100
3rd
Logo for Razorpay
Razorpay
2014, Bengaluru (India), Series F
Provider of a comprehensive financial platform for businesses to accept, process, and disburse payments
$742M
86/100
4th
Logo for Airwallex
Airwallex
2015, Melbourne (Australia), Series H
Provider of financial infrastructure for processing payments and managing treasury
$1.9B
84/100
5th
Logo for Xendit
Xendit
2015, Jakarta (Indonesia), Series D
Online payment and money transfer platform for businesses
$554M
83/100
6th
Logo for Adyen
Adyen
2006, Amsterdam (Netherlands), Public
Provider of end-to-end payment, data, and financial management platform solutions
$266M
83/100
7th
Logo for GoCardless
GoCardless
2011, London (United Kingdom), Acquired
Provider of automated bank payment collection and recurring billing services
$540M
81/100
8th
Logo for Pine Labs
Pine Labs
1998, Noida (India), Public
Provider of in-store and online payment, prepaid, and financial solutions
$1.23B
81/100
9th
Logo for Flutterwave
Flutterwave
2016, San Francisco (United States), Series E
Provider of payment solutions for online and physical business transactions
$489M
79/100
10th
Logo for PayU
PayU
2002, Amsterdam (Netherlands), Funding Raised
Provider of online payment solutions and financial services for businesses
-
79/100
39th
Logo for TIS
TIS
2010, Walldorf (Germany), Acquired
Payment optimization and management solutions for enterprises
$39.4M
70/100
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Looking for more details on TIS's competitors? Click here to see the top ones

TIS's Investments and acquisitions

TIS has acquired Cashforce. TIS has not made any investments as of now.

Reports related to TIS

Here is the latest report on TIS's sector:

News related to TIS

lockFilter this list
Media has covered TIS for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about people movement.
•
TIS Appoints New CEO to Accelerate Global GrowthACN Newswire•Jan 26, 2026•TIS
•
TIS Announces New Executive Leadership TeamNewswire•Jun 17, 2024•TIS
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