Castles Technology Co., Ltd.
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Castles Technology Co., Ltd. - overview
Established
1993
Location
Taipei, -, Taiwan - China
Primary Industry
Electronics
About
Castles Technology Co. , Ltd. specializes in delivering advanced payment solutions through innovative hardware, focusing on enhancing transaction efficiency in retail environments worldwide. Founded in 1993 and headquartered in Taipei, Taiwan, Castles Technology Co.
, Ltd. develops payment technology solutions, including hardware and associated services. Ben L is the current CEO. The company has not undergone any significant pivots in its business strategy.
Castles Technology specializes in innovative payment solutions, primarily focusing on Android-based and Linux payment terminals designed to enhance transaction efficiency across various retail environments. Their core offerings include the S1F4 and S1F3CT devices, which support countertop and portable payment acceptance, powered by Android 13 and integrated with the CasHUB system for streamlined device management. These products cater to a diverse clientele, including retailers, restaurants, and service sectors, seeking to modernize payment processes. The company's solutions are utilized in North America, Europe, and Asia, providing businesses with robust security features and seamless customer engagement to address evolving consumer payment preferences.
In the most recent year of 2022, Castles Technology generated revenue of USD 248. 96 mn with an EBITDA of USD 38. 55 mn. The company generates revenue primarily through the sale of its hardware products and associated services, including device management and data analytics solutions.
Clients typically engage in direct transactions to purchase payment terminals like the S1F4 PRO, which serve as flagship products, along with service agreements for ongoing support and software updates. This structure is framed around B2B relationships, enhancing operational capabilities and profitability for retailers and service providers.
Primary Industry
Electronics
Sub Industries
Electronics, Computer & Related Peripherals, Accounting/Finance Software
Website
www.castlestech.com
Verticals
FinTech, Manufacturing
Total Amount Raised
Subscriber access only
Castles Technology Co., Ltd. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Spire Payments UK Ltd. | - |
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