CellPoint Mobile, Inc.

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CellPoint Mobile, Inc. - overview

Established

2007

Location

Miami, FL-Florida, US

Primary Industry

Financial Services

About

CellPoint Mobile, Inc. provides a comprehensive Payment Orchestration platform tailored for various industries, enhancing payment efficiency and simplifying transactions for clients across the globe. Founded in 2007, CellPoint Mobile, Inc. is headquartered in Miami, US, and specializes in Payment Orchestration technology.


In April 2019, the company received an investment of GBP 11 million from Penta Capital, marking a pivotal moment in its growth trajectory. The CEO, Kristian Gjerding, leads the company with a strong background in business strategy and technology development. CellPoint Digital specializes in Payment Orchestration, a cloud-native platform designed to enhance payment performance and simplify complex payment processes for various industries, including airlines, travel, e-commerce, and hospitality. The platform offers features such as intelligent routing, embedded finance, and multi-currency support, collectively addressing the challenges posed by fragmented payment ecosystems.


By providing seamless integration with key travel systems and optimizing payment processing, CellPoint Digital aims to reduce costs and improve transaction approval rates for its clients. The company serves a diverse client base that includes major airlines and global travel enterprises, with its solutions deployed across North America, Europe, and Asia-Pacific. CellPoint Digital generates revenue through its Payment Orchestration Platform, operating on a business-to-business model that primarily targets enterprises in the travel and e-commerce sectors. This revenue structure typically includes subscription-based fees for platform access, alongside transaction fees for each payment processed.


Clients leverage the platform’s capabilities to optimize their payment strategies, which may involve utilizing the company's flagship offerings like Payment Orchestration and Payment Optimization. Specific pricing plans for these services are customized based on client needs, reflecting the scale and scope of their operations, ultimately leading to improved financial outcomes. The recent investment of GBP 11 million from Penta Capital in April 2019 will be instrumental in supporting CellPoint Mobile's growth strategy. The company is focusing on enhancing its Payment Orchestration offerings and exploring new technological developments aimed at optimizing payment processes.


Plans are in place to expand operations into additional markets, with specific targets including the Asia-Pacific region by the end of 2024. This strategic expansion is expected to leverage the capabilities of the existing platform while introducing innovative features to better serve clients.


Current Investors

Penta Capital

Primary Industry

Financial Services

Sub Industries

Financial Services, Sales & Marketing Software, Accounting/Finance Software

Website

www.cellpointmobile.com

Verticals

FinTech

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

CellPoint Mobile, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedCellPoint Mobile, Inc.-

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CellPoint Mobile, Inc. - employee data

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