Payment and Sales Consulting CEE Kft.
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Payment and Sales Consulting CEE Kft. - overview
Location
Veszprem, -, Hungary
Primary Industry
Software
About
Payment and Sales Consulting CEE Kft. offers modern cashless payment solutions for merchants in Central Eastern Europe, focusing on digitization and financial streamlining for small to medium-sized businesses. Founded in Veszprem, Hungary, Payment and Sales Consulting CEE Kft. specializes in cashless payment solutions for the Central Eastern European market.
The company's recent activity includes raising EUR 0. 36 million in Seed funding from Hiventures on January 4, 2018, bringing their total amount raised to EUR 0. 36 million. The CEO, Tamás Molnár, leads the firm in its mission to enhance payment processing for retailers across the region.
PSC CEE provides tailored modern payment solutions, including the Smart system that enables retailers to accept card payments independently of banks, use a proprietary touch-screen online cash register, and develop e-commerce platforms. This solution helps small to medium-sized businesses in countries such as Hungary, Poland, and Romania streamline their payment processes and manage sales data efficiently through a web-based portal, leveraging open banking technologies for scalability and affordability. In the most recent fiscal year of 2023, Payment and Sales Consulting CEE Kft. reported a revenue of EUR 525,140.
50 with an EBITDA of EUR -163,197. 80. Revenue is primarily generated through transaction-based fees and subscription models associated with their payment solutions, allowing merchants to optimize their payment processing and reporting. Looking ahead, PSC CEE plans to expand its product offerings by developing new features for the Smart system and exploring additional markets in Central Eastern Europe.
The Seed funding raised in January 2018 will support these initiatives and enhance their ability to meet the evolving needs of their clients. The company is focused on establishing a presence in emerging markets within the region while continuing to refine its existing solutions for better performance.
Current Investors
Hiventures
Primary Industry
Software
Sub Industries
Sales & Marketing Software, Accounting/Finance Software
Website
www.psccee.com
Verticals
Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Payment and Sales Consulting CEE Kft. - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 416,000 | 8,403,000 | 2,800,000 | 37,443,000 | 71,463,000 | - | - | - |
| % Revenue Growth (YoY) | - | 1920.0% | (66.7%) | 1237.3% | 90.9% | - | - | - |
| EBITDA (USD) | (1,494,000) | (36,994,000) | (19,111,000) | (48,177,000) | (69,318,000) | - | - | - |
| Operating Income (USD) | (1,494,000) | (37,285,000) | (20,388,000) | (76,978,000) | (115,417,000) | - | - | - |
| Operating Margin | (359.1%) | (443.7%) | (728.1%) | (205.6%) | (161.5%) | - | - | - |
| % EBITDA Margin | (359.1%) | (440.2%) | (682.5%) | (128.7%) | (97.0%) | - | - | - |
| NET Income (USD) | (1,517,000) | (37,433,000) | (20,921,000) | (82,230,000) | (129,509,000) | - | - | - |
| % Net Margin | (364.7%) | (445.5%) | (747.2%) | (219.6%) | (181.2%) | - | - | - |
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