3C Payment Luxembourg S.A.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
3C Payment Luxembourg S.A. - overview
Established
2016
Location
-, -, Luxembourg
Primary Industry
Financial Services
About
3C Payment Luxembourg S. A. provides advanced payment solutions tailored for various sectors, aiming to enhance operational efficiency and data-driven decision-making for businesses globally. Founded in 2016 and headquartered in Luxembourg, 3C Payment Luxembourg S.
A. specializes in payment solutions that facilitate seamless transactions for businesses. The company was acquired by Planet Payment, Inc. in June 2020.
Timothy Goodwin, who has a history in the fintech industry, leads the company as CEO. 3C Payment Luxembourg S. A. delivers innovative software systems designed to improve operational efficiencies and enable data-driven decision-making for a wide array of clients.
Their products are tailored to meet the needs of businesses ranging from small to large enterprises, ensuring improved productivity through advanced solutions. The company’s offerings are available in North America, Europe, and select Asia-Pacific markets, supporting a diverse clientele with ongoing enhancements. In 2021, 3C Payment Luxembourg S. A.
reported a revenue of USD 20. 05 mn and an EBITDA of USD 6. 68 mn. The company primarily utilizes a subscription-based revenue model, where clients enter annual agreements for access to services and support, facilitating a stable income stream through tiered pricing plans that accommodate varying business sizes.
3C Payment Luxembourg S. A. plans to expand its product offerings with new software solutions set for release in the upcoming year, targeting enhanced functionalities that meet evolving customer demands. The company also aims to enter additional markets in the Asia-Pacific region by the end of 2023, capitalizing on the growing need for advanced payment solutions.
The acquisition by Planet Payment, Inc. is expected to provide resources to support these expansion initiatives.
Current Investors
Planet Payment, Inc.
Primary Industry
Financial Services
Sub Industries
e-Financial
Website
www.3cpayment.com
Verticals
FinTech, FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
3C Payment Luxembourg S.A. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | 3C Payment Luxembourg S.A. | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.