payever

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.

payever - overview

Established

2013

Location

Wurzburg, -, Germany

Primary Industry

Software

About

payever is a commerce solutions provider that offers businesses a seamless payment processing experience across various industries, facilitating multiple payment methods for online and in-store transactions. Founded in 2013 and headquartered in Wurzburg, Germany, payever GmbH specializes in payment processing solutions that enhance transaction experiences. The company has undergone strategic development but has not mentioned any significant pivots or changes in its business model. Viktor Butsch, the founder, has a history of entrepreneurial ventures, although specific details about prior companies are unavailable.


The current CEO is Artur Schlaht. In July 2015, payever raised seed funding from High-Tech Gründerfonds, which marks their only known funding round. payever GmbH offers a sophisticated commerce solution designed to facilitate a seamless transaction experience for businesses of all sizes. Their core product line includes a versatile payment processing platform that enables businesses to accept a multitude of payment methods both online and at physical points of sale.


This solution integrates easily with existing systems, allowing clients to provide an efficient checkout experience. The company serves a diverse clientele ranging from small retailers to large enterprises, benefiting from the flexibility and security of payever’s services, operational in Europe and parts of Asia. The revenue structure of payever GmbH is primarily driven by transaction fees from their payment processing services, along with subscription models for access to their commerce tools. Businesses partnering with payever pay a fee per transaction processed, alongside potential monthly service fees.


Their offerings include the payever Checkout solution and additional tailored services, fostering a scalable revenue model as their client base grows. As of July 2015, following their seed funding round, payever plans to expand its product offerings and enhance their payment processing solutions. They are targeting expansion into new geographic markets in Europe and Asia. The recent funding will support the development of new products and facilitate their entry into these regions, aligning with their growth strategy to increase market presence.


Current Investors

High-Tech Gruenderfonds

Primary Industry

Software

Sub Industries

Accounting/Finance Software

Website

www.payever.de

Verticals

E-commerce

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

payever - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019
Revenue (USD)---
% Revenue Growth (YoY)---
EBITDA (USD)---
Operating Income (USD)---
Operating Margin---
% EBITDA Margin---
NET Income (USD)---
% Net Margin---

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.